UK online fashion retailer Asos (ASC) is facing both ways at the moment. In its 15 July trading statement the company reported sales were up 21% as a result of the “stay at home” shift. Revenues were also higher and beat estimates. In the four months to 30 June it pulled in £1.29 billion pounds […]
Read more
Based on on-chain activities, analysts assert that there is massive profit-taking occurring in the market since Bitcoin (BTC) peaked at $42,600 on Sunday. As a result, the benchmark cryptocurrency plunged by over 10% since its recent peak. On-chain analytics platform Glassnode noted that the big question in the mind of the BTC community is if […]
Read moreADA Price Analysis – August 03 Should the buyers gain enough momentum and the daily candle closes above $1.3 level, ADA/USD may increase to $1.4 and $1.6. In case the sellers defend the $1.3 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.3, $1.4, $1.6 Support levels: $1.1, […]
Read moreKey Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingGBP/USD pair has been in a sideways trend below 1.4200 overhead resistances. For the past three months, the pair has been making positive moves below level 1.4200. On July 30, the pair reached the high of 1.3979 and was repelled. […]
Read moreAUDJPY Price Analysis – August 1 AUDJPY downslides after falling through the 82.900 major support. The market had endured a spell of consolidation at the beginning of the year between the 80.760 and the 79.800 key levels. Thereafter, bulls gained strength to travel out of the consolidation. Price ascended till it was rejected at 84.980. […]
Read moreIn otherwise choppy conditions, sterling is particularly weaker today. The Euro is likewise solid, aided by the Pound’s comeback. The Australian dollar is the more dominant since it is recouping losses from the previous week. So far, the upside is restricted ahead of the RBA’s monetary policy decision tomorrow. The Swiss Franc, on the contrary, […]
Read moreKey Highlights BCH is stuck below $560 highThe crypto has resumed a downward move Bitcoin Cash (BCH) Current StatisticsThe current price: $550.56Market Capitalization: $11,561,658,896Trading Volume: $2,220,591,308Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 2, 2021 On July 30, Bitcoin Cash (BCH) rallied to $560 but […]
Read morePayments solutions behemoth MasterCard has updated its cryptocurrency plans during the firm’s earnings call on Thursday. The CEO of the company, Michael Miebach, explained that MasterCard has intentions to play key roles in three areas in the crypto industry. Along with cryptocurrencies like Bitcoin, the firm also has its eyes on private stablecoins and central […]
Read moreKey Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is still in an uptrend. The index price broke the previous resistance at level 15000 but could not sustain the upward move. Today, buyers are pushing the index to the previous high. A break above level 15000 will […]
Read more
