The GBPUSD pair witnessed a strong upside recovery due to broad-based US dollar weakness. This weakness seems to have stemmed from rumors that the incoming administration is weighing tariff plans on imports. However, the upside recovery is still vulnerable as an ISM Service PMI higher than 54.00 will constitute a headwind for the greenback. Meanwhile,…
Tamadoge Price Prediction – January 7 A further activity to produce a wider window of opportunities to accumulate more dip points in the business activities of Tamacoin against the valuation of the American currency has been provided presently, given that the emerging crypto economy pushes down, fine-tuning basis. It makes sense for investors to keep…
ZKsync Price Forecast: January 7 Today, the ZKUSD price remains a possible buy opportunity as the crypto market sparked renewed optimism among investors, with ZKsync showing upward momentum. The coin has seen a significant bullish trend in the past few hours and will most likely continue if the price can further break up the $0.237…
Bitcoin (BTCUSD) Price Forecast: January 7 Today, the Bitcoin price is rising again, reaching another high of $99,888, generating significant interest across major trading platforms. The crypto has the potential for a bullish continuation pattern to reach its suggested $100k as the coin is in an ascending channel, making higher highs towards the upper resistance…
Lucky Block Price Prediction – January 7 The Lucky Block buying time is now. The coin price is exhibiting an impressive upward trajectory towards the overhead level as major developments and adoption drive a bullish move. Hence, if the coin price can sustain above the pattern supply trend line at the $0.0000330 high level, it…
Sponge’s value recently surpassed $0.000136 SPONGEUSDT Price Analysis – 06 January The $0.000330 and $0.000402 levels, which are expected to surface after the market decline, are the Sponge’s next upward targets if it is successful in breaking over the $0.000196 level of resistance. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000146,…
USDCHF Sellers Begin To Show Interest USDCHF bulls are losing momentum near the 0.91450 key level. After a strong rally since December, the bullish drive appears to be fading as the pair trades close to this significant resistance level. This signals a potential shift in market sentiment. USDCHF Key Levels Resistance Levels: 0.91450, 0.92500Support Levels:…
GBP/USD found a thin recovery on Friday, gaining roughly four-tenths of one percent and ending the first trading week of 2025 back above the 1.2400 handle. UK macroeconomic and consumer credit data broadly missed the mark early on Friday, but the low-tier figures barely registered on the needle. On the US side, US business activity…
NZD/JPY inches higher on Friday, touching 88.90 and holding recent upside momentum. MACD bars remain green but have flattened, signaling cautious optimism amid lingering downside risks. RSI moves up to 51, entering positive territory as buyers tentatively return. NZD/JPY added a modest 0.20% on Friday, climbing to 88.90 and building on the gains seen since…
For those new to our Elliott Wave-based analyses and as a reminder to our regular readers, we have been tracking an ending diagonal (ED) pattern for the NASDAQ100 (NDX) for over a month. In our previous update, we found that “the index has advanced to the minimal upside target [123.60% @ NDX21509] for the third…