XDEX a Brazilian Cryptocurrency Exchange Shuts Down Operation

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Brazilian crypto exchange XDEX, operated by Latin America’s biggest stockbroker, announced the end of its operations. The company reported its end on March 31: “Today we report that XDEX is beginning the process of ending its operations. Market forecast, competitiveness, and little legal changes limited the prospects seen at the start of the project and […]

Italy 40 (ITA40) Is Recovering but Faces Stiff Resistance at 17566

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Key Resistance Zones: 24000, 25000, 26000 Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: Bearish Italy 40 is currently making an upward move as the 15000 support holds. The upward move is currently facing resistance at 17566. ITA40 will reach a high of 22000 if the resistance at 17566 is breached. The […]

US Wall Street 30 (US30USD) Upward Move is Facing Resistance at 22576

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Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish The index upward move is continuing as the price reaches a high of 22576. At the high of 22576, the market is facing some resistance. The current resistance has been tested by the bulls but […]

Bitcoin Price Analysis: Bitcoin’s Price Remains Under $6900 But Buyers Still Showing Interest.

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• Bitcoin is still facing crucial resistance around $6900 resistance • While BTC holds temporal support at $5880, a rebound at $6300 could provide a fresh increase for Bitcoin Bitcoin is showing a sign of bullish for some days now but the $6900 resistance has continued to pose a serious threat to the bulls. Though […]

USDCHF Extends Prior Recovery Moves From the Level at 0.9600 Towards the 0.9696 Level

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USDCHF Price Analysis – March 31 USDCHF holds the U-turn of the prior day, thus bringing circles from the level of 0.9600 towards the mid-level at 0.9696 ahead of Tuesday’s American session. Even though yesterday the Fx pair stabilized sideways but could not resolve certain marked barriers, and thus stays fragile. Key Levels Resistance Levels: 1.0231, 10027, 0.9902 […]

S&P 500 Anticipated Advance Continues to Consolidate Around 2600/2700 Levels

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S&P 500 Price Analysis – March 31 The S&P 500 consolidates the 4-day advance beneath the levels of 2600/2700 while big and powerful outbreak threats linger, worldwide uncertainties stay on the weak side during Monday’s initial trading session. Tactically, as per analysts at Goldman Sachs, they reasonably expect the S&P 500 to increase to 3000 […]

Ripple (XRP) Pushes above $0.17, Attempts an Upward Move

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Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Since on March 12, Ripple has been on an upward move but faces resistance at $0.17. The price has earlier been fluctuating between $0.12 and $0.17. Nonetheless, the bulls have broken and closed above the resistance line of the […]

Bitcoin Perpetual Swaps Introduced on Huobi With 125x Leverage

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Huobi, situated in Singapore, is the recent crypto exchange to introduce perpetual swaps. The new product is presented live on Huobi DM, the derivative trading platform for the company. BitMex-like future no-expiry contracts, better known as perpetual swaps, are becoming increasingly prevalent amongst crypto exchange firms. Binance and OKEx launched perpetual swaps last year and […]

Germany 30 (DE30EUR) Is Recovering but Faces Stiff Resistance at 10000

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Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bearish Germany 30 has exhausted the selling pressure of the index. The downward move has subsided as the market makes an upward movement. The bulls are making an upward move as the market reaches a high of 10000. […]

Crude Oil: WTI Bears Restrict Price Around $20 Level

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USDWTI Price Analysis – March 30 In the early Monday session, WTI slips to $19.95 price level. In doing so, the energy index stays nearly weak for so many years while posting declines for the fourth straight time since the weekend and is now looking to finish the month of March more than 50 percent […]