S&P 500 Price Analysis – January 12 S&P 500 alternates around 3801-3816 levels, up 0.19% intraday during early Tuesday, and fails to extend the prior day’s pullback from a recent high of 3831.4 level. The uncertainty over US President Donald Trump’s reign joins the coronavirus (COVID-19) woes to weigh on risks. Key levelsResistance Levels: 4000, […]
Read moreKey HighlightsLitecoin slumps to $121 low and resumes upwardThe altcoin will further decline to $73 if the support at $120 cracks Litecoin (LTC) Current StatisticsThe current price: $144.63Market Capitalization: $9,613,048,370Trading Volume: $12,189,426,086Major supply zones: $120, $140, $160Major demand zones: $90, $70, $50 Litecoin (LTC) Price Analysis January 12, 2021Litecoin has fallen to $120 low as […]
Read moreKey HighlightsBCH price breaks the previous price range of $400 and $440BCH reached a high of $632 but pulled back Bitcoin Cash (BCH) Current StatisticsThe current price: $469.53Market Capitalization: $9,879,773,209Trading Volume: $15,145,201,500Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 11, 2021The altcoin rallied to $640 […]
Read moreKey Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is in an upward move but it is facing resistance at level 13800. Since January 8 the index has reached an overbought region of the market. The RSI has indicated that the index has no room to […]
Read moreToday has been a very volatile day for Bitcoin (BTC), albeit in favor of bears. The benchmark cryptocurrency tumbled by more than $11k, or 26%, to record a daily low at $30,250. BTC’s bearish nightmare began after it hit $42k for the first time. However, some analysts have highlighted four possible factors behind the recent […]
Read moreThe rebound of the dollar continues today and remains stable at the beginning of the American session. The yen is the second largest. Markets are curtailing recent strong risk sentiment amid fears of near-term deterioration in the spread of coronavirus and restrictions. Commodity currencies tend to be the weakest right now, led by the Australian […]
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The GU retested and rejected a big key level and the bottom of the current structure which happens to be a a bullish flag. The DXY rallied to the 90.70 level and reversed as predicted on today’s video. This was our sell level for the USD which will push price in the GBPUSD up. Broker […]
Read moreKey Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingThe pair has been in a sideways move between levels 1.0730 and 1.0850 since December. Today, the price is falling after testing level 1.0840. The pair is falling but has found support above the 50-day SMA. The downward movement will […]
Read moreGBP/CHF traded on a sideways momentum in the mid-European session, as the Coronavirus situation in the UK worsens and the prevailing risk sentiment undermines demand for the CHF. The ramping up of the vaccine campaign in Britain and additional stimulus measures could cause the Pound to slide even further. Meanwhile, support for the GBP could […]
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