EURJPY Price Analysis – February 21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
Read moreXAUUSD Price Analysis – February 21 Gold resumed its advance at the beginning of the European session on Friday and jumped to new seven-year peaks, reaching $ 1,636 level. The spread of coronavirus is also of concern, as it has strongly affected investor sentiment and triggered a new wave of trade to avoid risk. Key […]
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• Following recent recovery to $9750, Bitcoin still looks bearish on a short-term perspective • If Bitcoin drops below $9300, the next support is likely to hold at $9000 Since our previous crypto trading signals, Bitcoin saw a small increase to on the upside. This increase came after dropping heavily to $9300. Though Bitcoin witnessed […]
Read moreKey Resistance Zones: $60, $70, $80 Key Support Zones: $40, $30, $20 XMR/USD Long-term Trend: Bullish On February 15, the bulls reached a high of $96. The upward move was hindered because the coin has reached the overbought region of the market. XMR could not rise in the overbought region because of the unavailability of […]
Read moreIn a conversation with China Daily on February 16, Lihui Li said that the adequacy, productivity, and comfort of advanced money make it particularly alluring during an epidemic. Lihui recently headed the People’s Bank of China and now is the leader of the blockchain at the state-run National Internet Finance Association. As per the previous […]
Read moreKey Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish Recently, Bitcoin Cash achieved 90% gains from the bear market after it reached a high of $495. Unfortunately, the bulls were resisted as the coin was in the overbought region of the market. In the overbought region, buyers […]
Read moreAUDUSD Price Analysis – February 20 The AUDUSD pair added to its intraday decline and fell to new multi-year lows, around 0.6620 regions during the late European session on Thursday, while the price stayed systematic, but the rate of the FX pair’s decline accelerated. Key Levels Resistance Levels: 0.7085, 0.6850, 0.6750 Support Levels: 0.6620,0.6540, 0.6479 […]
Read moreKey Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Undeniably, the bulls made two unsuccessful attempts at the $10,200 and were repelled. Bitcoin traded and fell to the low of $9,600 after the first failed attempt. The bulls pulled back and retested the $10,200 overhead resistance. […]
Read moreUSDWTI Price Analysis – February 20 Black gold expanded the latest recovery momentum in the Asian session and renewed a three-week high of $ 54.08, reporting a slight increase at $ 53. In European trading this Thursday, as sentiment was raised due to concerns about interruptions in supplies, and decreased Coronavirus spread amid China’s preventative […]
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