Market Analysis – October 16 NZDUSD has reached a critical juncture, hitting a key bullish order block at 0.60820. Notably, bullish order blocks often serve as a springboard for buying positions, and its test has already sparked the formation of bullish candles, indicating potential support for an upward reversal. Consequently, traders are eager to see […]
Gold prices showed slight gains on Wednesday, benefiting from a dip in US treasury yields. As market participants await key US economic data, many are keen to assess how this will influence future interest rate cuts by the Federal Reserve.Spot gold increased by 0.3%, reaching $2,667.97 per ounce by 2:17 AM GMT, just $17 below […]
Swift to embark on live trials for digital asset and currency transactions with banks in North America, Europe, and Asia starting next year. Swift is swiftly transitioning from experimentation to real-world application in the realm of digital asset and currency transactions. Beginning in 2025, financial institutions worldwide will utilize Swift’s global platform to conduct pilot […]
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Price is at $5826 level at moment S&P 500 Price Analysis – 16 October S&P 500 may increase and divide into the resistance levels of $5826, $5900, and $59200 if the $5758 level holds. If the $5758 support level is breached, the price can test the $5669 and $5579 levels. Key Levels: Resistance levels: $5826, […]
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Resistance level of $0.000199 will be broken first SPONGEUSDT Price Analysis – 16 October SPONGEUSDT is approaching the $0.00199 mark as the bulls gain strength and surpass the $0.00136 resistance level. The resistance level of $0.000199 will be broken first, then the barrier levels of $0.000253 and $0.000330. Should the bears persist in their drive, […]
AUDUSD market may keep declining AUDUSD Price Analysis – 16 October Customers may be able to lower the price to roughly $0.65 or even $0.64 if they are motivated enough to overcome the $0.66 barrier. Prices may increase to the $0.68 and $0.69 resistance levels if buyers are able to push the price over the […]
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TRON market is under buyers’ control TRON Price Analysis – 16 October The price of TRON might be able to overcome the $0.169 and $0.180 barriers if the buying trend continues above $0.162. The price may approach the $0.150 and $0.142 levels if it remains below $0.155. Key Levels: Resistance levels: $0.162, $0.169, $0.180 Support […]
The Dash 2 Trade market has been retracing towards a strong baseline over recent sessions. At this point, the market seems to have found that base, and considering the pattern of price activity, it appears that a bullish reversal may be near. Dash 2 Trade: October 2024 D2T Value: $0.008840 Dash 2 Trade Market Cap: […]
The CELOUSDT daily market has extended its upward retracement today by 4.15% as of the time of writing. Additionally, indications arising from the technical indicators used in studying the market are positively biased. Consequently, this suggests that buyers may still have the momentum to propel the market. CELO Statistics: Celo Price: $0.8619 Celo Market Capitalization: […]
