Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingSince April 28, NZD/USD is in a sideways move. On February 28, the bulls were repelled at the 0.7300 resistance as the market declined to level 0.7212. The pair is making another upward move at the recent low. Meanwhile, on […]
Read moreMonero (XMR) Price Analysis: May 30 In case there is a break up of $281 resistance level, $322 and $361 resistance levels may be tested. The breakdown of $217 support level will reduce Monero price towards $184 and $161 levels. Key Levels: Resistance Levels: $281, $322, $361 Support Levels: $217, $184, $161 XMRUSD Long-term Trend: […]
Read moreApart from the Yen, on reopening optimism, sterling was the comparatively steadier one, as the second strongest currency. On the other hand, the Yen’s selloff was considerably more visible, whilst the Australian dollar was pulled down by selling against the Yen. The third-worst performer was the Swiss Franc. Generally, financial markets were mixed in the […]
Read moreXAGUSD Price Analysis – May 30 Silver (XAGUSD) is in an uptrend, with buyers controlling any dips and setting for a move higher to the $28.00 region. The price of silver is currently $27.93 per ounce, up 0.32 percent. The price of silver is being pulled downwards as the US dollar and Treasury yields strengthen. […]
Read moreKey HighlightsEthereum is falling to revisit the previous low at $1,750The crypto is facing rejection at the $2,450 high Ethereum ETH) Current StatisticsThe current price: $2,361.01Market Capitalization: $273,579,327,968Trading Volume: $29,964,927,971Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis May 30, 2021 Ethereum has resumed a fresh downtrend after rejection […]
Read moreAccording to a new report by PwC, cryptocurrency-focused hedge funds increased their investment in 2020 by close to 100% compared to the year before. On average, these companies returned about 120% last year compared to an average of 30% in 2019. Meanwhile, PwC and the Alternative Investment Management Association (AIMA) recently released their third annual […]
Read moreAfter yet another volatile weekend, Bitcoin (BTC) has jumped by about $3,000 from a seven-day low. Altcoins also posted a positive recovery today, following a $200 billion dip over the weekend. The total cryptocurrency market valuation bottomed at $1.4 trillion yesterday, from a high of $1.6 trillion. The primary cryptocurrency has battled unsuccessfully with the […]
Read moreKey Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. The current uptrend reached the high of $67.50 and was resisted. This has been the price action since March 8. Each time USOIL is resisted, the market will fall either to $58 or $60 low. Presently, WTI […]
Read moreKey Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishGBP/JPY pair is in an uptrend. Today, the market has risen to level 156.00 high. It is said that the pair has reached the overbought region. On April 6 uptrend a retraced candle body tested the 38.2% Fibonacci retracement level. […]
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