The Nasdaq has been really strong post Pandemic drop. Really strong and I have been in and out long quite a few times. The last one was during the US elections. That move Yield a nice 15% win for me. This trade was during very volatile times and was in not a signal as high […]
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Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishThe British Pound has been in a downward move after its rejection at level 1.4200. The pair has fallen and broken below the moving averages. The implication is that the selling pressure will persist. On March 5 downtrend, a retraced […]
Read moreThe CEO of Electroneum (ETN) and AnyTask.com, Richard Ells, gave a striking speech on the transformative power of cryptocurrencies at the recently-concluded BAC2021 titled “Empowering a Generation with Crypto,” which is what Electroneum and AnyTask.com are focused on. Ells noted that only a very few blockchain startups have achieved a similar impact in the crypto […]
Read moreKey Support: 61.00 Key Resistance: 65.00 – 67.50 Crude has been rallying hard since the Pandemic hardline quarantine rules started to ease worldwide. More air travel and less restrictions means more demand for crude derived products on a period where the OPEC had contracted their oil output to face the fast decline of prices. Fast […]
Read moreKey Support: 1.2480 – 1.2380 Key Resistance: 1.2630 The CAD has been very strong against the USD since mid March 2020. The USDCAD in particular has been dropping non-stop since then (-15.80%), breaking with massive key levels in the process. The past 2 weeks the USDCAD has rallied inside a bearish continuation pattern (+2.12%), and […]
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GBP/CAD trades at 1.7416 at the time of writing and it seems determined to jump way higher after escaping from a down channel pattern. The Pound is strongly bullish in the short term and it could lead the pair higher in the short term. The pair has printed a major bullish engulfing pattern on the […]
Read moreAUD/NZD increased as much as 1.0947 level after breaking out from a minor continuation pattern. The bias is bullish as the pair failed to confirm a corrective phase in the short term. The pair consolidated after the last upside momentum and now it seems determined to resume the swing higher. Technically, we cannot exclude a […]
Read moreKey Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY has been in a sideways trend because of the rejection at level 85.00. The pair fell to level 82.28 after a retest at the recent high. The current upward move is facing resistance above level 83.00. Meanwhile, the uptrend […]
Read moreKey Highlights On March 24, Bitcoin Cash plunged to $442 lowThe altcoin has recovered and it is trading above $500 Bitcoin Cash (BCH) Current StatisticsThe current price: $506.42Market Capitalization: $10,634,848,082Trading Volume: $1,974,743,222Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis March 29, 2021 Bitcoin Cash is recovering […]
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