USDJPY Analysis – October 6 USDJPY consolidates within a continuation pattern in the overbought region after a massive rally to the upside. The MA Cross indicator shows the intent of the bulls in the market on the 9th of March, 2022. This indication came immediately after a breakout from the rectangular pattern formed over the […]
USDCAD Analysis – October 5 USDCAD sellers shift the market structure to the downside. The market has been in an uptrend since the second half of 2021, with prices breaking beyond every previous peak along the way. Months before the market structure shifted to the upside in June 2021, the market was typically in a […]
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Buyers may take over AUDUSD market AUDUSD Price Analysis – October 05 The closing of daily candle above $0.65 level by the buyers may push the price to test the resistance levels of $0.66 and $0.67. Ability to break down the support level of $0.64 may leads AUDUSD to the support level of $0.63, and […]
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Buyers’ pressure increases in Tron market Tron Price Analysis – October 05 Strong bullish candles broke up the resistance level of $0.061 in which the price is facing the resistance level of $0.063. In case buyers’ momentum increases, Tron will experience an uptrend movement beyond the resistance level of $0.063 and $0.064. TRX/USD Market Key […]
Bullish pressure increases in S&P 500 market S&P 500 Price Analysis – October 03 The breaking up of $3886 resistance level will increase the price to $4139 and $4330 levels. Further price increase envisaged. Below the current S&P 500 price, support levels are found at $3651, $3559 and $3484. Key levels: Resistance levels: $3886, $4139, […]
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Buyers oppose sellers in Cardano market ADA Price Analysis – October 04 When the buyers gain more pressure, and the daily candle close above $0.46 level, Cardano may increase to $0.48 and $0.50 levels. Should sellers exert more pressure, ADA may decrease to break down $0.42, then, it may further reduce to support levels at […]
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Defi Coin Price Forecast: September 30 The Defi Coin price forecast that the crypto price has gained the strength it needs to rise higher after getting through the consolidation phase. Coming from this range, the bulls were able to prove their superiority in the DEFCUSD market, after shooting for the $0.09000 mark with a single […]
GBPJPY Analysis-September 30 GBPJPY quickly recovers from a very strong dip that occurred on the back of the failure of the market to bypass 167.810. The market had done remarkably well to recover immediately. However, the price was only able to reach below the confluence of the 163.000 resistance level and the descending trendline. In […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold is making an upward correction and it is stuck below the resistance at $1,660. On the upside, if price breaks above the 21-day line SMA, the uptrend may continue above the 50-day line SMA. However, if Gold turns […]
