Commencement of bullish trend in EURUSD market EURUSD Price Analysis – 09 December If buyers can break through the resistance level at $1.06., they might be able to push the price up to the $1.07 and $1.08 barrier levels. If sellers can hold the price below the $1.05 barrier, prices may decrease below the support […]
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Bullish trend may continue after a pullback POL (ex-MATIC) Price Analysis – 09 December POL (ex-MATIC) might be able to move on to the $0.74 and $0.77 difficulty levels. If sellers can muster some strength, the market may be able to break below the $0.65 support level and expose itself to the $0.60 and $0.52 […]
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Will price break up $0.000033 level? Shiba Inu (SHIB) Price Analysis: 08 December If buyers can push the price over the $0.000033 level, SHIB might be able to break through the resistance levels of $0.000037 and $0.000039, respectively. If sellers are successful in holding the currency, the price may drop below $0.000031 and try to […]
Sponge’s price increasing gradually SPONGEUSDT Price Analysis – 07 December The trend may remain bullish as long as the bulls continue to rise. If the resistance level of $0.000145 is broken higher, the price levels of $0.000196 and $0.000330 could be examined. Bears can find support at $0.000136, $0.000081, and $0.000006 if the $0.000145 resistance […]
Market Analysis – December 5 USOil remains confined between the resistance zone at 7182.0 and the demand level at 6767.0 on the daily timeframe. The development of lower highs and higher lows has formed a symmetrical triangle, reflecting market indecision and a lack of definitive direction. USOil Key Levels Demand Levels: 6767.0, 6512.0, 6237.0 Supply […]
Market Analysis – December 5 Gold is experiencing a balance of buying and selling pressures, leading to stagnation in price movement. This equilibrium between demand and supply has restricted significant market activity in recent sessions. Gold Key Levels Demand Levels: 2531.0, 2431.0, 2305.0 Supply Levels: 2708.0, 2770.9, 3000.0 Gold Long-Term Trend: Bearish In November, gold […]
Market Analysis – December 5 The FTSE 100 has shown a significant change in market structure, shifting from a bearish to a bullish trend after breaking a longstanding bearish trendline in November. The index recently touched a key supply zone and is now undergoing a pullback, potentially building momentum for continued bullish movement. FTSE 100 […]
Market Analysis – December 5 The US 30 index has seen a notable reduction in its average daily range since completing its bullish expansion from 43,450.0. Recent price movements have been characterized by sideways trading and smaller daily candles, signaling an accumulation phase. Historically, such phases often precede sharp market expansions. US 30 Key Levels […]
Market Analysis – December 5 USDJPY shifted to bearish after the price struck the resistance zone at 156.0540. The subsequent price decline has paused as the pair tests a bullish order block near the 150.2060 level. USDJPY Key Levels Demand Levels: 140.250, 137.420, 130.630 Supply Levels: 156.050, 160.260, 163.350 USDJPY Long-term Trend: Bearish The previous […]
