GBP/USD started the year’s trading with moderate profits, which have extended until today. Also, technical indicators are still showing that this observed profit may progress further. Important Price Marks: Resistance: 1.2085, 1.2120, 1.2170 Support: 1.2040, 1.2000, 1.1980 GBP/USD Is Gathering Moderate Profits GBP/USD has been recording moderate gains midway between the 50 and 38.20 Fibonacci levels […]
Since nine trading sessions ago, the Nasdaq 100 price action ripped through the Fibonacci support level of 78.60. Currently, price action has rebounded upwards from near $10,600 to $10,939. However, trading indicators continue to point to the possibility of further price increases. Major Price Levels: Top Levels: $10,939, $11,000, $11,050 Floor Levels: $10,900, $10,850, $10,800 […]
Bulls’ Momentum Increases in Polygon Market Polygon (MATICUSD) Price Analysis – 01 January In case the bears’ momentum picks up any further, Polygon might fall below the $0.76 mark and be exposed to the $0.70 and $0.65 levels. If buyers manage to hold on to the $0.76 support level, Polygon will increase and may break […]
Monero market may see an increase of buyers Monero (XMR) Price Analysis: 01 January In case buyers are successful in pushing the price past the $152 resistance level, Monero may move upward into the $165 and $185 resistance levels. The price may fall into the $144, $134, and $124 support levels should $152 resistance level […]
USOil prices appear to have encountered a moderate headwind over the last four trading sessions on the daily market. This has caused prices in this market to decline from $80.00 to $78.38. With careful observation, we can see that attempts are already being made to abate the downward retracement. So let’s zoom in for a […]
Since five trading sessions ago when XAU/USD price tested the support level of $1,790, price action has become more bullish on average. Furthermore, in this ongoing session, buyers are already in control and may push prices higher in this session. Let’s further examine market activities to make better trading decisions. Major Price Levels: Top Levels: […]
Buyers’ momentum may further increase AUDUSD Price Analysis – 28 December The resistance level of $0.68 may be broken upward when buyers acquire more traction, and the positive momentum may continue to $0.70 and $0.72 level. AUDUSD may fall to the support levels of $0.66, $0.65, and $0.63 if sellers hold the $0.68 resistance level […]
Potential for a Bullish Breakout in the Tron market TRON Price Analysis – 28 December Price may rise to the $0.058 resistance level, which may extend to $0.061, in the event that buyers apply further pressure and the daily candle breaks through the $0.055 level. The price of Tron may drop to $0.045 and $0.040 […]
Ethereum ETH) Current StatisticsThe current price: $1,193.55Market Capitalization: $146,058,925,030Trading Volume: $4,679,445,862Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis December 28, 2022 Ethereum’s (ETH) price is falling as it loses its $1,200 support level. As it gets closer to the $1,100 support, the bearish momentum has broken below the […]
