GBPJPY Price Analysis – May 10 GBPJPY is making a rebound to push it back into the 135.76-132.58 range after falling to a 130.66 level of five weeks ago. Buyers, nonetheless, confront crucial solid barriers close to the region of 133.00, with the main moving averages only nearby. A collapse here may see the quote proceeding […]
Read moreResistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bullish Since the last bearish impulse at the low of 5000, price has been making a series of higher highs and higher lows. Today, the share is making a series of higher highs and it may surpass the previous high […]
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 Bitcoin faces rejection as bulls were resisted at the $10,000 resistance. The bulls tested the $10,000 resistance twice before being repelled. A bearish double top was formed as the market retraced. The price retraced below the breakout […]
Read moreSamsung U.S. recently revealed that this summer — through a collaboration with American personal finance company SoF — it is preparing to add “a debit card and cash handling service to the Samsung Pay experience.” Sang Ahn, Samsung Pay’s Vice President and GM (North America Service Business) said in yesterday’s media statement that “more than […]
Read moreKey Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bullish Japan 225 is still fluctuating below the 20500 resistance. On April 29, the bulls broke the 20000 resistance but were repelled at 20500. The price fell to level 19085 and resumed another upward move. The price is […]
Read moreKey Resistance Levels: 2900, 3000, 3100 Key Support Levels: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Price Long-term Trend: Ranging Presently, the index is rising and it is approaching the high of level 2895. Previously, the price has been fluctuating between levels 2800 and 3100. The market fell in March as the lower price […]
Read moreEURJPY Price Analysis – May 8 Since the prior trading session, the common European currency has risen 77 basis points or 0.67 percent against the Japanese Yen. The currency pair on Friday surpassed the upward moving average of 5. While emerging upwards after a low-level rebound at 114.39, the selling bias in EURJPY stays far […]
Read moreUSDCHF Price Analysis – May 8 USDCHF sits close to 0.9700 level, slipping 0.15 percent on the day as it continues to the American session on Friday. The FX pair extends downward retracement to level 0.9700 while remaining restricted under level 0.9800. The selloff lasted for Friday’s second day in a row session and was […]
Read moreBitcoin has been engulfed in explosive uptrends for a few weeks now. Bulls have helped Bitcoin rally from its recent low of $3,900 which is now at the doorstep of the five-digit region. This “V-shaped” recovery has been due to many technical factors. However, there are some key fundamental drivers also responsible for this remarkable […]
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