Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BullishPolkadot (DOT) has rallied to $34 resistance zone but could not sustain `above it. On September 1, buyers retested the resistance level buy were repelled. For the past three days, DOT price has been struggling below the resistance level. Further upward […]
Read moreAfter a massive NFP miss, the dollar jumps down in the early US session. However, at the time of writing, the selloff is only strong against commodities currencies. The dollar is attempting to recover versus European heavyweights and Sterling in particular. Traders may require a little extra time to make their decision. While a September […]
Read moreAccording to a report from the Wall Street Journal, unofficial sources claim that the SEC currently probes prominent DEX Uniswap Labs. While the SEC has not made any comment on the development, a Uniswap Labs spokesperson told WSJ that: “[Uniswap is] committed to complying with the laws and regulations governing our industry and to providing […]
Read moreKey Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: RangingThe gold price has been in a range-bound move since March. Since its fall to level $1,680 low, the market has been fluctuating between levels $1,680 and $1,900. XAUUSD is an upward move from the low of 1,680. The upward […]
Read moreGBPJPY Price Analysis – September 3 GBPJPY continues its bullish momentum as price keeps shooting towards the 153.270 significant key level. The market, however, seems to have been bearish for a long time. Price is seen falling as more significant lower lows are being formed. As prices keep pulling down, there seems to be a […]
Read moreEURJPY Price Analysis – September 3 EURJPY now consolidates some of its previous gains to recent highs around the 130.74 level and recedes to 130.44 intraday lows at the time of this post. Goushi Kataoka, a renowned tenacious dove on the BoJ board, cautioned that the Japanese economy was still in a “serious state.” The […]
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Gold rallied right after the Non-Farm Payrolls data was released. As you already know, the indicator was reported at 235K in August versus 720K expected and compared to revised 1053K in July. The bias was still bullish before the US data release, so I needed confirmation before going long again. The Unemployment Rate dropped from […]
Read moreSolana (SOL) is, without a doubt, one of the top performers in the crypto industry this year. After clearing record highs after record highs, SOL has overthrown Dogecoin to become the seventh-largest cryptocurrency. Touted as one of the fastest-growing blockchain platforms currently, Solana has become a stronghold name and preferred platform for many top DeFi […]
Read moreBNBUSD Price Analysis – September 03 The sellers are strongly defending the $503 resistance level in which an increase in the sellers’ pressure may send the price down towards the support levels at $433, $420 and $364. On the other hand, an increase in the bulls’ momentum to break up the $503 resistance level may […]
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