GBPJPY Price Analysis – November 29 GBPJPY schemes price strength due to bulls’ uprising failure above the 154.200 resistance level. The investors who were also present in the market stopped buying, resulting in a price rejection of approximately 154.200. However, if the bulls had been tenacious enough, the price would have broken through this barrier […]
Read moreBitcoin SV Price Analysis – November 29 Further increase in the bears’ pressure will decrease the price to break down the support level of $148 which may expose the price to $113 and $73 price levels. In case the support level of $148 holds, the price may increase towards the resistance level at $171, $194 […]
Read moreKey Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downward move as price breaks below the 21- moving average. The market is likely to further decline to the support above the 50-day SMA. If price holds above the 50-day SMA, NASDAQ 100 will commence […]
Read moreMonero (XMR) Price Analysis: November 28 Should the bears continue to increase their momentum, $244 support level will be broken down side, and Monero will decrease towards $216 and $189 levels. Inability to break down the $244 level, the price may increase towards the $281, $300 and $511 resistance levels. Key Levels: Resistance Levels: $281, […]
Read moreHighlightsEthereum plunges to $3,916 lowEther is in a bearish trend zone Ethereum ETH) Current StatisticsThe current price: $4,101.19Market Capitalization: $486,086,303,319Trading Volume: $13,315,367,317Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis November 28, 2021 Ethereum’s (ETH) price has broken below the moving averages after rejection from the resistance at $4.500. […]
Read moreAs the crypto market continues to cave under the prevailing FUD pressure, El Salvador has bought the Bitcoin (BTC) dip again. The Central American nation took advantage of the heightened sell-off to purchase 100 more BTCs amid panic over the new “Omicron” variant of the COVID-19 virus. President of El Salvador Nayib Bukele took to […]
Read moreKey Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is now in a downtrend. On October 26 uptrend, WTI attained its peak price at $84 but was resisted. Initially, USOIL slumped to $78 because of the initial resistance. Buyers pushed WTI to its peak price which resulted in further rejection. […]
Read moreThe Japanese yen and Swiss franc are trading at record highs, followed by the Euro. Today’s market focus is on a new coronavirus type, which has sent global stocks and benchmark government yields substantially lower. Commodity currencies are falling dramatically due to risk aversion, but the pound and the dollar are also under pressure. Swiss […]
Read moreEURJPY Price Analysis – November 26 EURJPY pair fell for the third session in a row on Friday, depreciating to the area of recent lows in the 128.00 range. As the new strain of COVID weighs heavily on investors’ sentiment, strong buying interest in the Japanese yen puts EURJPY under added pressure in the sub-129.00 […]
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