EURJPY Price Analysis – December 31 EURJPY is expected to explode in an upward direction after it conforms to a bullish flag pattern. Before the flag sheet began to form, the flag pole’s length had reached the 134.150 resistance level. Price can be seen undulating downwards through a channel. In doing so, it has violated […]
Read moreGBPJPY Price Analysis – December 31 GBPJPY is soaring high to end the last quarter of the trading year. The market was faced with a downward trend after the bulls got exhausted at the end of May. The MACD indicator confirmed the bearish run shortly after, on the 3rd of June. The market sank below […]
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 in an upward move as it faces rejection at $78. The index price breaks above the 21-day line SMA but faces rejection at the 50-day line SMA. As the index faces rejection at the recent high, WTI will fall and […]
Read moreKey Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is still in a downtrend but may resume uptrend. The price is above the 21-day line SMA but below the 50-day line SMA. If the 21-day line support holds, the DOT price will resume fluctuation between the moving […]
Read more“Anyone who has been involved in the markets has been humbled and respects the fact that this is not an easy game no matter how successful we have already been or how much experience we have.” – Charles E. Kirk About four years ago, Mr. Geoffrey (not his real name) came to me and said […]
Read moreCan’t Kill Bitcoin CC: We’ve heard a lot of talk about Bitcoin being officially dead. You obviously disagree. What’s your response? Beautyon: This is FUD (fear, uncertainty and doubt) or “scaremongering.” Japan has just formally legalized Bitcoin, and Hong Kong has explicitly said they will not regulate, with their “hands off” approach. Other countries will […]
Read moreThe global stock markets recorded an upbeat sentiment on Thursday following data released from the US indicating that the recent increase in Omicron infections had not triggered a surge in layoffs, which analysts assert is a positive indicator for the economy. Additionally, the latest development led to a decent increase in oil prices and the […]
Read moreAUDUSD Price Analysis – December 30 AUDUSD is recovering off a major support level at 0.69980. The price is now recovering from bearish bouts that were sustained as the market plummeted from a high-level resistance at 0.75480. Rejection at that level ensures a 7.30% price drop to the 0.69980 significant level on the 3rd of […]
Read more2021 saw a significant spike in cryptocurrency ATMs across the globe, with over 20,000 new machine installations since December 2020. Interestingly, the newly-added machines are more than all the crypto teller machines that have existed in the past seven years. Installation growth chart by Coin ATM Radar showed that the total number of all Bitcoin […]
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