Investors have been trooping into Bitcoin (BTC) and other cryptocurrencies since August 37, with the overall market capitalization rising from $348 billion to its current peak at $400 billion. This inflow of capital has assisted Bitcoin to grow by over $800 from its August low of $11,115 set four days ago as it approaches the […]
Read moreKey Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingThe index is in a sideways move. The market is fluctuating between levels 19000 and 21000. Each time the price tests the resistance zone; the index will fall and resume the sideways move. The index is trading in the […]
Read moreKey Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an uptrend as price breaks level 0.6700. The market is expected to reach a high of 0.6800 and reverse. Presently, the market is testing a historical price level at level 0.6766. Thereafter a downward move is […]
Read moreKey Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is on a downward move. The price has earlier tested the 0.9150 resistance twice before resuming a downward move. The pair has formed a bearish double top which is responsible for the downward move. The selling pressure […]
Read moreUSDCHF Price Analysis – September 1 The USDCHF pair tested 0.9000 level for the second consecutive day on Tuesday and step a pivotal rebound after support discovery. As of writing, the pair was up 0.42 percent daily at 0.9075 level. Given the broad-based vulnerability in the USD, the risk-on market environment does not permit the […]
Read moreS&P 500 Price Analysis – September 1 The S&P 500 showed a very good breakout beyond the peak and all-time high previously. The uptrend is ready for continuation simultaneously. From the low of March 23, the S&P 500 has continued to rise a whopping 55 percent – the biggest pullback in the record. With no […]
Read moreThe US stock markets traded on a mixed sentiment yesterday as the Nasdaq 100 (NDX) continued to scale higher hurdles while the Dow Industrials (DJIA) dragged behind. Many sectors in the S&P 500 index (SPX) traded lower, with the energy sector leading in losses while healthcare rose with the trend. However, the SPX has rounded […]
Read moreKey HighlightsLitecoin recovers and breaks above $60 highLitecoin has a target price of $85 when the resistances are cleared Litecoin (LTC) Current StatisticsThe current price: $62.07Market Capitalization: $4,056,414,692Trading Volume: $2,551,618,695Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 1, 2020Litecoin has recovered from its previous low of $54. […]
Read moreADA Price Analysis – September 01 The price is reversing after testing the demand level of $0.10 and the bullish trend may continue to $0.15 and $0.17 price level provided the $0.13 does not hold. In case the $0.13 level repels the price, then bearish movement may continue and the price may found support level […]
Read more
