Millions and millions of dollars per year can be concealed in risk-free earnings on the Bitcoin markets, experts say. The Bitcoin market has expanded exponentially in the decade or thereabouts as it invented the crypto-currency. And while that development has not come in conjunction with market efficiency which, based on the latest studies recently released […]
Read moreKey Resistance Zones: 12800, 13200, 13600 Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: Bullish Germany 30 is currently in an upward move but it is currently facing resistance at level 10800. Since April 13, the bulls have failed to penetrate level 10800. Rather, the market is trading below the resistance. On […]
Read moreKey Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bearish The EUR/GBP pair is in a downward move in March and the selling pressure extended to April. The market fell to a low of 0.86962 and made an upward move. The bulls’ upward move was short-lived as they […]
Read moreEURUSD Price Analysis – April 27 The single currency extends the bullish momentum into Monday’s session and boosts EURUSD to the 2-day high region about 1.0860 unyielding level in an attempt to stabilize the recovery to 1.0900 level. The leading countries in Europe also have confirmed substantial changes in COVID-19 figures. Key Levels Resistance Levels: […]
Read moreUSDWTI Price Analysis – April 27 Oil prices started on a sour note in the last week of April, dropping over 8 percent during Monday’s session on sustained over-supply fears. A barrel of the North American benchmark, West Texas Intermediate (WTI), is losing value close to $14.50 level, marking an 8.85 percent decline on the day. […]
Read moreKey Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum reaches a high of $200 but faces rejection. Currently, the market is fluctuating above $190 support. Before now, the coin has fallen to $170 low after being resisted at $190. Nonetheless, the bulls broke the resistance at $190 […]
Read moreBitcoin transactions in Argentina are growing steadily, ahead of a potential deficit on foreign debt of USD 65 billion. Since January 2018, the Bitcoin price in Argentina in terms of Argentine Pesos (ARS) has increased by 1.028 percent. Whilst a considerable portion of this Bitcoin increase in volume may be justified by the ARS depreciation, […]
Read moreKey Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US30USD index is still battling the resistance at 24000. The resistance was partially broken on April 17 but sellers emerge to push price downward. Since April 9, the bulls have been making concerted efforts to […]
Read moreGBPUSD Price Analysis – April 26 For the 3rd day in a row, the GBPUSD pair posted a modest advance, but stayed within recognizable levels and ended the week in the red. During the last European session, the pound came underneath downward pressure as gloomy outlook weighs on GBPUSD beneath 1.2400 marks. Key Levels Resistance […]
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