The Mexican Peso weakens on rumors Donald Trump has offered the job of trade representative to Robert Lighthizer. The former US trade rep is known for his protectionist stance and could squeeze Mexico in future talks. The Peso is further weighed by concerns the Republicans will win a majority in Congress, giving them a “clean…
Lucky Block Price Prediction- November 11 Lucky Block is on the positive side today and could soar to break up the $0.0000398 supply value. The coin price sees an encouraging bullish reversal on its daily chart. Currently priced at $0.0000221 high mark, the token has surged by over 15% in the past 24 hours. If…
The bullish sentiment surrounding the US dollar due to Trump’s re-election has waned. The week ended with downward pressure eroding most of the previous gains. The US is set to review inflation figures and the Consumer Price Index, which could further impact the AUDUSD pair in the coming week. Key Price Levels: Resistance Levels: 0.6600,…
Tamadoge Price Prediction – November 10 As there have been a continuation of delay in the market operations of Tamacoin versus the valuation of the American currency to push in a definite direction from $0.001, the situation has made the cryptocoin to be in ranges, making verve with different promissory positive signs. Around the edge…
Market Overview The markets continued to stay tentative over the past five days, trading with a weak undertone as the Nifty digested the reaction to the US election outcome. Although there were two days of a strong technical rebound, this was subsequently sold into, which kept the Nifty in a broadly defined range. The trading…
Lucky Block Price Prediction- November 9 The LBLOCKUSD price is negotiating the upper resistance level, following the recent victory of Donald Trump in the US 2024 elections which sparked the heightened interest in the crypto market. The coin is currently recovering and also remains firm above the supply levels and might remain in that direction…
EigenLayer Price Forecast: November 9 The EIGENUSD pair looks promising at the $3.18 resistance value as the entire crypto market rallied, fueled by Bitcoin reaching a record-breaking $76,000. The coin price could continue to surge and gain momentum amid increased investors’ interest. Based on the outlook, should the bulls push higher and close above the…
Market Analysis: GBPJPY Undergoes Bullish Continuation The GBPJPY currency pair has resumed its bullish trend after forming a double bottom pattern, a classic bullish reversal signal. This pattern emerged when the price dropped to the 178.240 level before embarking on a strong upward trajectory, reaching a peak near the 208.310 mark. After this bullish rally,…
Sponge market is controlled by purchasers SPONGE Price Analysis – 07 November If the resistance level at $0.000145 is broken, Sponge will increase to $0.000253 and $0.000330. If the $0.000196 level holds and the $0.000136 level permits, the price can fall to the $0.000081 and $0.000006 support levels. SPONGEUSDT Market Key Levels: Resistance levels: $0.000145,…
The Art and Science of Technical Analysis by Adam Grimes Main Themes: Bridging the Gap: The book aims to connect academic market theory with practical technical analysis, leading to profitable trading strategies. Market Randomness: It emphasizes understanding that market movements are largely random, with technical analysis helping to identify and exploit moments of true buying/selling…