Market Analysis – February 8 AUDJPY bears extend control as price targets 94.530 key level. AUDJPY has been steadily declining, with sellers maintaining control and pushing prices lower. The bears have dominated February’s price action, following an initial failed attempt to break above 96.860. AUDJPY Key Levels: Support Levels: 94.530, 93.000, 92.000 Resistance Levels: 95.550, […]
Market Analysis – February 8 The recent bullish trend has come to an end as price action confirms a shift into a bearish trend. After a significant rally from mid-September 2024 to January 2025, the market reached a pivotal point, leading to a bearish reversal. This shift was confirmed by a breach of the previous […]
Market Analysis – February 7 EURCHF has resumed its bearish trajectory following a significant rejection from the 0.99190 supply level. This marked a key turning point, leading to a structural break and reinforcing the prevailing downtrend. EURCHF Key Levels Demand Levels: 0.94340, 0.92670, 0.90850 Supply Levels: 0.95810, 0.97590, 0.99190 EURCHF Long-Term Trend: Bearish Before this […]
The ASX 200 ended the week’s trading activity on a bearish note, largely due to losses in the country’s energy and healthcare sectors. This reversal wiped out some of the previous gains. Nevertheless, price action remains above key technical levels. Key Price Levels: Resistance Levels: AUD 8,500, AUD 8,600, AUD 8,700 Support Levels: AUD 8,400, […]
Japan’s economic indicator, the Coincident Economic Index, has shown that the country is performing well. Additionally, there are speculations that Japan will experience GDP growth. However, this optimism has not been reflected in the Nikkei 225, as futures prices dipped significantly during Friday’s trading session. Let’s analyze what market participants can anticipate in this market. […]
A new mix of coins has emerged in the spotlight within the cryptocurrency world. Consequently, this week’s list of trending coins features a completely different set from last week’s. King BTC leads the pack, securing the top spot in this week’s ranking of trending cryptocurrencies. Meanwhile, in the third position is the Kanye West token. […]
Ever since the price action in the Platinum market crossed above the 980 price level, it has continued trading around that range. Furthermore, price action in this market has attempted to breach the 1,000 price level but has faced setbacks due to a balanced supply. This solidifies the 1,000 ceiling above the price action. Key […]
The Curve token remains on the top daily crypto movers list today. However, it has changed position, moving from the second spot to the third. This is despite the token experiencing a general price increase of 4.86%. Additionally, price action in this market still appears burdened below important technical levels. Curve Statistics: CRV’s Current Price: […]
$COIN (NASDAQ: COIN) Forecast: February 8 The Coinbase Global (NASDAQ: COIN) market price might soon resume its upward trends with a possible reversal at the $269.00 support level. The stock market is on the verge of an upside turn at its current low value as the selling pressure has reached the exhaustion stage. Therefore, a […]
