15.08.2022
Chicago 12, Melborne City, USA
Business

USDJPY Market Bears Approach Wave Towards a Demand Zone

USDJPY Analysis – August 11 USDJPY market bears approaching the last wave as the price crashes down towards a major demand zone. This market wave began its first impulse on the 9th of March, 2022. Currently, the market appears to be following the Elliot waves theory, with prices moving in fractals. USDJPY Significant Zones Supply […]

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Business

USDJPY Bears Successfully Led the Market to a Demand Zone

USDJPY Analysis – August 4 USDJPY bears successfully led the market to the demand zone at 131.50. The market has been in an uptrend ever since prices broke out of consolidation on the 11th of March, 2022. Before March 11th, 2022, the market had been consolidating within a range as a correction to the preceding […]

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Business

EURCHF Bears Successfully Led the Market Into the Demand Zone

EURCHF Analysis – July 26 EURCHF bears successfully led the market to the 0.9650 demand zone. Before reaching its local all-time high, the market had risen from a major support level of 0.9650. On April 20, 2018, the market reached its all-time high in the region. Since then, the market has been trending downward. EURCHF […]

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Business

Bears Return, Price Declination Envisaged

USDCHF Price Analysis – July 22 When the support level of $0.95 holds, bullish momentum may increase, USDCHF price may bounce off the level, then, 0.96 levels may be reached and it may incline to $0.97 and $0.98 levels. Should the bears break down the support level of $0.96, the price may decrease towards $0.94, […]

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Business

Bears Oppose Bears at $7.9 Resistance Level

Uniswap Price Analysis – July 21 Price may break up the resistance level of $7.9 when the bulls increase their momentum, and this may increase it to $9.7 and $12.4 resistance levels. When the bears oppose bulls at the resistance level of $7.9, Uniswap price may decrease to $6.0, $4.5 and $3.4 price levels. UNI/USD […]

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Business

NZDUSD Bears Are Driving the Market Into a Major Demand Zone

NZDUSD Analysis – July 17 NZDUSD bears are driving the market into a major demand zone. For several months, the market has been in a downtrend along the daily timeline. The current downtrend began a few weeks ago due to the breakout below the previous support level at 0.6570. NZDUSD Major Zones Resistance levels: 0.6400, […]

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Politics

Oil Outlook Bears Leading the Way

As global economic conditions continue to stroll casually towards deterioration, the market scrambles to reassess the possibility of a recession. Contributing to the worsening of the economic outlook, is the soaring inflation, with year-on-year US consumer price index, reaching levels once seen before in 1981, marking a four-decade high, which puts increased pressure on the […]

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Business

Bears Flirt With Two-Year Low, Breaks Below $18.8

SILVER Weekly Price Analysis – July 14 In case the bulls defend the support level of $18.2, the price may reverse and face the resistance levels of $18.8, $19.4 and $20.4. Should the bears penetrate the support level of $18.2, the support level of $17.7 may be reached and there is a possibility that the […]

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Business

EURCHF Bears Are Leading the Market to a Significant Demand Zone

Market Analysis – July 12 EURCHF bears are leading the market to a significant demand zone. The downtrend motive wave began its first impulse on April 25, 2018. Currently, the market appears to be following the Elliot Wave theory, with prices moving in fractals. EURCHF Significant Levels Resistance levels: 1.0520, 1.0220Support levels: 0.9780, 0.9650 EURCHF […]

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Business

NZDUSD Bears Are Leading the Market Towards a Major Demand Zone

NZDUSD Market Analysis – July 9 NZDUSD bears are leading the market towards a major demand zone. The daily timeframe on NZDUSD has been extremely bearish since the beginning of March 2021. The market has been descending through a creek for a few months now. The market keeps maintaining a trendline across its highs. The […]

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