Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since June. The index is falling by making a series of lower lows and lower highs. On December 17 downtrend, a retraced candle body tested the 50% Fibonacci retracement level. The […]
Read moreKey HighlightsLitecoin rallies to $173 highThe crypto retraces and consolidates above $150 Litecoin (LTC) Current StatisticsThe current price: $155.53Market Capitalization: $13,041,184,466Trading Volume: $9,609,246,821Major supply zones: $120, $140, $160Major demand zones: $90, $70, $50 Litecoin (LTC) Price Analysis January 5, 2021Litecoin has retraced from $173 to $150 support. The crypto is consolidating above the current support […]
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The Dow crashed more than 3% Yesterday on the first Monday of trading in 2021. This move is by no means a Bearish signal but more of a dip buying opportunity if the next scenario plays out: The Georgia election for Senate are undergoing and this is SO important for stocks. A Democrat win would […]
Read moreUSDCHF Price Analysis – January 5 The USDCHF pair refreshed multi-year lows during the early North American session, with sellers now looking to extend the downward trajectory further below the 0.8793 low marks. The downtick was exclusively boosted by sustained US dollar selling as investors remain convinced about the likelihood of more US financial aid […]
Read moreWall Street traded lower on Monday, the first trading session of 2021, as worries over the ever-growing Coronavirus cases and the Georgia runoff elections take center stage. The Nasdaq 100 (NDX) saw a damning 3% decline from a fresh all-time high around 12950 before recovering just halfway (1.5%) by the close of the market yesterday. […]
Read moreS&P 500 Price Analysis – January 5 S&P 500 opened near 3706 levels, and it’s up at almost 0.50% intraday, during the European session on Tuesday. The index has recovered upside traction after the prior day’s low of 3663.4 level. The latest rally suggests the latest vaccine optimism may be among the market movers. Key […]
Read moreKey HighlightsThe bulls have broken the $380 overhead resistanceBCH has risen to a high of $467 Bitcoin Cash (BCH) Current StatisticsThe current price: $414.11Market Capitalization: $8,696,292,777Trading Volume: $8,906,489,958Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 4, 2021BCH bulls have broken the $380 overhead resistance as […]
Read moreThe British pound started the new year with losses. The GBP/USD pair is currently trading at 1.3570, down 0.30% at the time of compilation. December encouraged the pound, which rose 2.5% on the back of the falling dollar. There was a lot of speculation around the pound in the last weeks of the year as […]
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. On December 17 uptrend, a retraced candle body tested the 50% Fibonacci retracement. The retracement indicates that the index will rise to level 2.0 […]
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