The Japanese yen staged a recovery on Wednesday, bouncing back from an 11-month low against the U.S. dollar. The sudden surge in the yen on the previous day had tongues wagging, with speculation rife that Japan had intervened in the currency market to bolster its weakening currency, which had tumbled to its lowest point since […]
The vast sea of Forex beckoned like a siren’s song – mysterious, vast, and teeming with endless possibilities. Much like setting sail into the great blue unknown, every trader embarks on this journey with a heart full of dreams and aspirations. The anticipation in the air is palpable, as the anchor is lifted and the […]
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Bulls’ pressure increases SPONGE (SPONGEUSDT) Price Analysis – 04 October Sponge is heading towards the resistance level of $0.000136 and the level may be penetrated in case the Bulls increase their momentum, however, pullback is inevitable. Should the Bulls’ momentum become weak, the price may consolidate for short period Price Level: Resistance Level: $0.000136, $0.000196, […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair has continued its descent into the area of the bearish trend as it hits level 154.42 in a downturn. The currency pair has been moving in a range between levels 157.00 and 158.50 since September 1. As […]
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Bulls may take over AUDUSD market AUDUSD Price Analysis – 04 October AUDUSD may rise to the $0.64, $0.65, and $0.66 resistance levels if buyers are successful in holding the $0.62 support level. If sellers acquire further momentum and push through the $0.62 support level below, the price may decline due to the downward momentum […]
TRON is struggling to break up $0.090 resistance level TRON Price Analysis – 04 October The price of TRON may increase to $0.094 and $0.097 levels when the buyers’ momentum breaks through the $0.090 resistance level. If the price of TRON drops below the $0.085 barrier level and sellers continue to be interested, the support […]
Toncoin Price Forecast: October 4 The Toncoin price forecast is for the market to use the confluence at $1.9800 as a springboard to push toward $2.6220. Toncoin Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $3.2710, $2.6220 Zones of Demand: $1.9800, $1.3680 The TON/USD market is generally in an uptrend despite the current […]
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Dogecoin (DOGE) Price Long-term Prediction: BearishThe price of Dogecoin (DOGE) has decreased to the current support level of $0.060 as buyers recoup. The market has been range-bound between levels $0.060 and $0.063 since September 11th. The altcoin has tested the $0.060 level of support today. In general, there hasn’t been any movement in the price. […]
Market Analysis- October 3 US30 bearish momentum persists, but buyers eye a potential reversal. The Dow Jones index has shown remarkable resilience to bearish pressures, with sellers maintaining a firm grip on the market. Despite numerous attempts by buyers to regain control, the bearish trend endures. This struggle comes on the heels of a […]
