Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is in a range bound move since June. The price is consolidating above the lower price range. The price action is characterized by small body candlesticks. The bears have broken the lower levels of the market. Presently, the index […]
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 resumes upward move but faces resistance at level 0.6800. The bulls have retested the recent resistance twice before making a downward move. The upward move is likely to continue to level 0.6720. Daily Chart Indicators Reading:The Kiwi has risen […]
Read moreGBPJPY Price Analysis – October 4 GBPJPY ended the week 1.22 percent higher at the level of 136.16 after gaining 15 pips (0.14 percent) on high volume in the prior session. While vulnerable, the cross has recovered quickly from multi-day lows and stays afloat at 136.00 level with a positive outlook. After some progress has […]
Read moreKey HighlightsEther resumes downward below $350 supportThe coin will reach a low of $312 Ethereum (ETH) Current StatisticsThe current price: $348.28Market Capitalization: $39,309,513,533Trading Volume: $10,279,076,887Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 4, 2020The current breakdown to $335 low was as a result of the rejection at […]
Read moreGuinness World Records documents a chimpanzee named Raven (Raven the chimpanzee), who became the 22nd most profitable funds manager in the United States. She picked her stocks by throwing darts at 133 online companies. According to the Records, the chimp created her own index, dubbed MonkeyDex, and in 1999 delivered a 213 per cent gain, […]
Read moreWHEN THE MARKET BECOMES INTRACTABLEEspecially in the short-term, anyone can make money in the market. However, beating the markets consistently and for the long-term is what most traders find difficult. While trading management and risk control tools are present for prudent traders to employ, they are not the ultimate secret. You can use a good […]
Read moreBNBUSD Price Analysis – October 02 The price may change direction if the daily bearish candle closes below the support level of $26.The bearish momentum may extend to the previous low at $24 and $22 support level. In case the demand level of $26 holds, the bullish trend may continue to $30 and $35 resistance […]
Read moreGlobal markets are clearly in no-risk mode ahead of the close of the week. Mixed US employment data has largely been ignored. All attention is focused on the development of the coronavirus infection of US President Donald Trump and their impact on the presidential elections, which will be held in just a month. The yen […]
Read moreBitcoin (BTC) continues to react negatively to yesterday’s unexpected news, after the United States Commodity and Futures Commission (CFTC) and the Federal Bureau of Investigation (FBI) took legal action against top Bitcoin derivatives exchange, BitMEX. About $18 billion has been withdrawn for the global cryptocurrency market since the news broke, and over $20 million worth […]
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