Market Analysis – August 5 EURCHF has remained confined within a well-defined range between the price levels of 0.94220 and 0.92940 since late April. This prolonged sideways movement has led to the formation of a clear consolidation zone. Recently, the price pushed convincingly below the lower boundary of the range, suggesting a possible bearish breakout, […]
Price may surpass $6429 line S&P 500 Price Analysis – 05 August The S&P 500 may touch the resistance levels of $6429, $6460, and $6500. This is assuming that the $6300 position stays steady. The price may test the $6232 and $6151 possibilities if it breaches the $6300 support level. Key Levels: Resistance levels: $6429, […]
Bulls are returning in full force ADA Price Analysis –05 August If Cardano can maintain the price above the $0.80 hedge, they can try testing the resistance potential of $0.98 and $1.14. The $0.69 and $0.59 support options will be considered if the $0.71 hedge is translated. Key Levels: Resistance levels: $0.80, $0.98, $1.14 Support […]
NAS100 Analysis – August 3 NAS100 faces rejection as momentum weakens near key resistance. The NAS100 index has entered a corrective phase following an extended bullish rally, with recent price action sharply deviating from its upward trend. The daily candle closed decisively below the 9-day Simple Moving Average (SMA) at $23,240, a crucial short-term support […]
Market Analysis – August 1 USOil is strongly rebounding from bullish order block support, with the market showing signs of renewed bullish momentum after a corrective pullback. The 9-day Simple Moving Average (SMA), positioned at $67.20, serves as dynamic support and aligns closely with the current price action, suggesting a potential reversal from the ongoing […]
Market Analysis – July 31 Gold (XAUUSD) is poised for a positive recovery from a key support level. After revisiting the $3,280 support, which has been reinforced by historical demand and an existing order block, gold has recently encountered resistance. The 9-day Simple Moving Average at $3,340 remains above the current price, indicating the potential […]
Bullish pressure is picking up speed SPONGEUSDT Price Analysis – 04 August When SPONGE breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will pick up speed. If the bulls keep putting pressure on the price, it can rise beyond $0.000330. SPONGEUSDT Market Key levels: Resistance […]
Price will go higher EURUSD Price Analysis – 04 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 $1.15 barrier, prices can drop below the $1.16 and $1.17 support levels. EUR/USD […]
Buyers are accumulating momentum POL (prev.MATIC) Price Analysis – 04 August POL (prev.MATIC) may be able to advance to the $0.26 and $0.34 difficulty levels after overcoming the $0.24 barrier. The market might be able to breach the $0.22 support level and expose itself to the $0.19 and $0.16 levels if sellers can create some […]
