US Oil (WTI) dropped in the short term after reaching a resistance area. Actually, a temporary decline was somehow expected after the amazing rally started in November 2020. Everyone’s wondering if the corrective phase will continue after the short-term rebound from 57.28, or the US Oil price will resume its major, long-term, uptrend. Personally, I […]
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Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD pair was in a downward move in March. On March 1, the pair was resisted at level 1.2700 and it plunged to level 1.2400. On March 18, the bulls bought the dips and resumed upward to reach the high […]
Read moreSTELLAR Price Analysis – March 31 When the bulls break up the resistance level of $0.42, the price will increase towards $0.50, and $0.57. In case the bears, breakdown the support level at $0.33, Stellar will decrease to $0.22 and $0.16 levels. XLM/USD Market Key Levels: Resistance levels: $0.42, $0.50, $0.57 Support levels: $0.33, $0.22, […]
Read moreKey HighlightsThe biggest altcoin faces resistance at $1,865 highEthereum retraces, resumes range bound movement between $1,600 and $1,800 Ethereum ETH) Current StatisticsThe current price: $1,838.37Market Capitalization: $211,914,097,732Trading Volume: $22,344,437,333Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 31, 2021 For the past three days, Ethereum has been rising […]
Read moreDollar rides on a renewed rally in US treasury yields and trades broadly higher today. The greenback’s strength is quite overwhelming for now. On the other hand, Yen and Swiss Franc are trading as the weakest ones, followed by commodity currencies. Atlanta Federal Reserve President Raphael Bostic said on Tuesday that he does not anticipate […]
Read moreWorld-renowned cryptocurrency exchange operator, Coinbase, has recently announced that it will be expanding its operations into India. The company also announced several job openings for its Indian expansion despite indications that the government plans on banning cryptocurrency use. Coinbase noted in its official announcement that: “We’re happy to announce that Coinbase is establishing a business […]
Read moreAUD/USD drops like a rock in the short term after ending its temporary rebound. USDX’s further growth may force the pair to drop deeper. The USD has taken the lead again after the US CB Consumer Confidence jumped from 90.4 to 109.7 points beating the 96.9 expectations. The greenback needed a bullish spark from the […]
Read moreKey Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 is in an uptrend but it is facing resistance at level 33200. The index is also approaching the oversold region. On March 18 a retraced candle body tested the 78.6% Fibonacci retracement level. […]
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Key Resistance: 3990 Key Support: 3860 The SP500 has rallied strongly since the last pullback from mid February to the beginning of March (-6.16%). After that 2 week pullback it rallied 7.17% to all time highs to see another pullback to last week´s lows (-3.41%). It has now retested and is in the process of […]
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