The sterling has fallen sharply today, owing to growing concerns about energy shortages as a result of a post-Brexit scarcity of truck drivers, as well as a suspension of license testing during pandemic lockdowns. Some commodity currencies are being weighed down by mild risk aversion, which began in European markets. Nonetheless, there is no improvement […]
Read moreUSDCHF Price Analysis – September 28 The USDCHF pair is trading higher on Tuesday, with the pair last seen trading around 0.9300, up almost 0.45 percent on the day. After posting strong positive momentum in the US session, the pair is consolidating gains. The USD continued to benefit from rising US bond rates, which acted […]
Read moreKey HighlightsLitecoin resumes selling pressureLitecoin may decline to level $105 Litcoin ( LTC) Current StatisticsThe current price: $144.75Market Capitalization: $12,148,276,676Trading Volume: $2,717,020,563Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis September 28, 2021Litecoin’s (LTC) price has continued its downward move as it fell to the low of $146. The […]
Read moreEarlier this year, Jack Mallers, the founder of Bitcoin transaction app Strike announced that ark Salvador chose his company as the primary partner in their Bitcoin Adoption journey. Strike has gained significant recognition as one of the best Bitcoin transaction apps in the market today. Some analysts have predicted that Strike, through the increased adoption […]
Read moreEURCHF Price Analysis – September 28 EURCHF bulls have run out of steam in their bid to take the market upward. This comes after the market had powered through the 1.08190 barrier. Signs of weakness for the bulls began to surface at 1.09000. Price immediately dropped back to find support on 1.08190. EURCHF fluctuated in […]
Read moreDespite the renewed market selloff triggered by the Chinese government crackdown, Bitcoin (BTC) and most other cryptocurrencies have posted significant recoveries. However, the market has fallen into a sideways pattern for the past few days now. As is typical with FUD moves, the market absorbed the news-induced selloff as long-term investors (HODLers) accumulated more coins […]
Read moreADA Price Analysis – September 28 A decrease in the price of Cardano is envisaged; the support level of $1.87 may be retested, penetrated, and expose the price to $1.64 and $1.46. In case the bearish momentum becomes weak at the $1.87 price level, consolidation may commence. ADA/USD Market Key Levels: Resistance levels: $2.30, $2.68, […]
Read moreAUDJPY Price Analysis – September 27 AUDJPY is rising in consolidation after striking the support at 78.850. The upper boundary of the consolidation zone lies at the 81.900 key level. The intent of the market at the moment is to forcefully break out of consolidation while still in its early stages. But it is expected […]
Read moreKey Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is in an uptrend but the upward move has been interrupted at the high of level 1.3750. After declining to the low of 1.3657, the pair has resumed a fresh uptrend. Today, the market has risen to a high […]
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