Market Analysis – August 18th NZDUSD shows clear bearish pressure, trading within a well-defined descending channel. After a recent rejection from the upper boundary, sellers have regained control, increasing the likelihood of a move toward the channel’s lower support. NZD/USD Key Levels Support Levels: $0.5830, $0.5710 Resistance Levels: $0.6096, $0.6200 NZDUSD Long-Term Trend: Bearish On […]
Buyers’ momentum increase SPONGEUSDT Price Analysis – 18 August If the resistance level of $0.000145, followed by the barrier levels of $0.000196 and $0.000330, is broken, the bullish momentum will be reinforced. It could rise above $0.000330 if the bulls keep pushing. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: $0.000081, $0.000040, […]
Price may continue to reduce EURUSD Price Analysis – 18 August Buyers may be able to raise the price to the $1.18 and $1.19 barrier levels if they can overcome the resistance level at $1.17. If sellers can hold the price below the $1.16 barrier, prices can drop below the $1.15 and $1.14 support levels.. […]
Price may break up $0.26 resistance level POL (prev.MATIC) Price Analysis – 18 August POL (prev.MATIC) might be able to advance to the $0.28 and $0.34 difficulty levels after overcoming the $0.26 barrier. The market might be able to breach the $0.24 support level and expose itself to the $0.22 and $0.19 levels if sellers […]
Bulls are ruling world of Shiba Inu Shiba Inu (SHIB) Price Analysis: 17 August The price may be able to overcome the resistance levels of $0.000015 and $0.000016, respectively, if buyers can push the price over the $0.000013 mark. The price may fall below $0.000012 and attempt to test the support levels of $0.000011 and […]
Market Analysis – August 15 USOil is staging a rebound after a period of downside consolidation, with recent candles showing clear price rejection around the $62.80 support zone. The 9-day Simple Moving Average (SMA) has started to flatten, suggesting a possible shift in momentum as selling pressure eases. In addition, the Relative Strength Index (RSI) […]
Market Analysis – August 14 Gold (XAUUSD) is showing early signs of a bearish retracement as price hovers just above the $3,350 level while trading near the 9-day SMA at $3,360. The MACD has crossed into negative territory, with the histogram posting red bars, signaling weakening bullish momentum. This decline in upward pressure follows an […]
The foreign exchange market presents a bifurcated landscape for the upcoming period. Analysis reveals pronounced weakness in specific commodity-crosses such as AUDNZD and NZDCHF. Also, European-centric pairs including EURGBP and EURNZD, alongside AUDCAD, demonstrate bullish structural integrity. The following technical breakdown explores the prevailing biases and critical price levels for these five currency pairs. AUDNZD […]
Market Analysis – August 15 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade finally broke the 148.110 resistance in July after forming successive bullish market structures. The price surged toward the swing high of 151.220, marked by strong bullish candles, but fell just short […]
