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GBPUSD Faces Temporary Weakness Before Bullish Continuation Builds Momentum

GBPUSD Faces Temporary Weakness Before Bullish Continuation Builds Momentum

Market Analysis – June 9 GBPUSD faces a period of temporary weakness before momentum for a bullish continuation resumes. Technical indicators suggest a possible short-term cooling in buying pressure. Although the MACD remains in bullish territory, the convergence of the MACD line (blue) with the signal line (orange) indicates weakening momentum, potentially signaling an impending […]

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NASDAQ100 (NAS100) Builds Upward Momentum Toward Higher Price Zones

NAS100 Builds Upward Momentum Toward Higher Price Zones

NAS100 Analysis – June 8 NAS100 is building upward momentum toward higher price zones. The index is currently maintaining a strong upward trend, with indicators reflecting sustained bullish sentiment. The 9-day Simple Moving Average (SMA), positioned near $21,520, continues to offer dynamic support beneath the price action. The MACD, although showing slight signs of flattening, […]

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SPONGEUSDT Price: Bulls Are Pushing Harder

SPONGEUSDT Price: Bulls Are Pushing Harder

Resistance level of $0.000330 may be surpassed SPONGEUSDT Price Analysis – 09 June The bullish momentum will be strengthened if the resistance level of $0.000145 is broken, followed by the barrier levels of $0.000196 and $0.000330. It could surpass $0.000330 if bulls continue to push SPONGEUSDT. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 […]

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GBPJPY Encounters Resistance at 194.7620

 Market Analysis – June 7 GBPJPY has been consolidating in the long term, forming a wide range after a significant bearish displacement in July. The price has repeatedly encountered resistance at 194.7620, creating a new key level within the range. Notably, the price has stopped three times at this level while attempting to reach the […]

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AUDJPY Bulls Sustain Bullish Reversal

AUDJPY Bulls Sustain Bullish Reversal

Market Analysis – June 8 AUDJPY demonstrated a sustained bullish reversal, following a decline under the resistance of a bearish trendline. After plummeting to the support level of 86.0480 in April, the price quickly reversed direction and rose above the trendline, showcasing a notable shift in market sentiment. A recent pullback found support at 92.4410, […]

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