Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bullish The current resistance at level 4500 is about to be broken. Since on March 25, the bulls made several attempts to break the resistance but to no avail. France 40 is likely to rise to level 4800 […]
Read moreKey Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish Yesterday, LTC rebounded as it attempts to break the $47 resistance. The bulls have earlier broken $43 resistance and resumed its upward move. As price approaches the resistance at $47, LTC is likely to face another resistance at […]
Read moreKey Resistance Levels: 1.42000, 1.44000, 1.46000 Key Support Levels: 1.34000, 1.32000, 1.30000 USD/CAD Price Long-term Trend: Bearish The USD/CAD was earlier in a sideways trend before its sudden rise in March. The bull market reached level 1.46503 and price was said to be in the overbought region. Sellers emerged as price fell to 1.38626 low. […]
Read moreOne of the highest-volume cryptocurrency exchanges is looking to ban all Japanese traders from using its service. The decision comes after the Financial Services Agency of Japan (FSA) published a series of amendments to its laws and regulations that detail how exchanges should function. On Tuesday, the Seychelles-registered exchange reported that it will prevent Japanese […]
Read moreKey Resistance Zones: 24000, 25000, 26000 Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: Bearish Italy 40 is still facing resistance at level 18000. Today, the bulls are repelled after failing to break the overhead resistance. This will be the fourth time the bulls are being rejected at the resistance. A downward […]
Read moreKey Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging The Yen currently is in a sideways move in April. It fell to level 108.920 and resumes fluctuations. The bears have been testing level 106.000 to break below it but the support seems to be holding. The pair […]
Read moreUSDCHF Price Analysis – April 28 During the pre-European to American session, USDCHF continues on the front foot while holding rounds to 0.9724 level after faltering underneath the 0.9800 marks on Tuesday. A subsequent rally on the broad-based strength of USD to level 0.9700 is ongoing due to the safe-haven demand of USD indicating sellers […]
Read moreS&P 500 Price Analysis – April 28 The S&P 500 is up on the optimism that coronavirus lockdown will soon end, as the Economy at least partially re-open. Consequently, at the time of writing, we see the S&P 500 rise by 1.50 percent from a low of 2858.2 to a high of 2915.0 levels. Key […]
Read moreKey Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish On April 23, Ripple rebounded at the low of $0.186 but was resisted at $0.20. The market pulled back above $0.195 support. The bulls have succeeded in breaking the initial resistance at $0.195 but have failed to push above […]
Read more
