The Japan 225 market recently encountered strong resistance around the 38,450 price level. This resistance appears to have been driven by prevailing negative sentiment in the Japanese economy, including China’s recent lifting of its ban on Japanese seafood and a 27% decline in housing data for April. Let’s take a closer look at the market’s […]
There have been some fluctuations in the supply of the precious metal platinum over the past few days. This appears to have played a pivotal role in pushing the metal’s price above the $1,000 mark. Without further delay, let’s analyze the metal’s price action below. Key Price Levels Resistance Levels: 1,100, 1,150, 1,200 Support Levels: […]
The EURAUD price is poised for fresh drops.The bears may take the leading soon. EURAUD Weekly Price Analysis – June 1 Its about time for EURAUD pair to resume fresh drops after updating the bullish momentum. The Yen has completed the bullish race and the new bearish correction is at the corner. Hence, if the […]
Market Analysis – May 30 EURCHF has demonstrated notable resilience as repeated bearish attempts to break below the critical 0.92550 support level continue to fail. Following April’s unsuccessful breakdown attempt, the pair entered a consolidation phase that has formed a clear descending triangle pattern on lower timeframes. This technical formation suggests the market is coiling […]
The Cronos token (CRO) has shown modest, continued upward movement as of the time of writing. However, price action in this market suggests that bullish forces remain in control. As such, the market appears poised for further upward movement, with price action currently positioned above a crucial support level. Cronos Statistics Current Price: $0.1035 Market […]
Toncoin (TONUSD) Price Forecast: May 31 TONUSD price is going long and may continue in this direction as the bulls remain dominant while the coin price faces the upper channel. The coin price sends a clear bullish signal trading above the EMA line indicating buyers are making solid progress. The crypto gave a bullish breakout […]
$COIN (NASDQ: COIN) Forecast: January 20 Today, the $COIN market structure suggests or anticipates a bullish reversal as selling pressure may subside soon and the stock price could be prepared for an upside move. Should the bulls change their orientation increase their buying swagger and exchange hands with the short traders at $249.10 support, the […]
Market Analysis – May 30 USOil is facing rejection at $61.80 and is signaling a potential downside crash. The daily chart reflects increasing bearish pressure as key technical indicators continue to weaken. The 9-day Simple Moving Average (SMA) at $61.50 is trending flat to slightly lower, acting as dynamic resistance and keeping the price action […]
Lucky Block Price Forecast – May 30th Lucky Block price forecast is poised for a potential bullish reemergence as the market navigates through recent selling activity. LBLOCKUSD Key Levels Support Levels: $0.00005100, $0.00005000 Resistance Levels: $0.00008200, $0.00009000 LBLOCKUSD Long Term Trend: Bullish (Daily Chart) Sellers have managed to pull prices back to the $0.00005100 key […]
