Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) is in a downward correction as it faces rejection at $1,949. Gold price is trading between the moving averages. It indicates that XAUUSD will be in a range-bound move above the 50-day line but below the 21-day line […]
Read moreNon Fungible Tokens (NFTs) are rapidly becoming a staple name in the financial markets, with Tim Collins, editor of Altucher’s Investment Network, noting that they “have proven themselves to be more than just Beanie Babies.” Collins further noted: “the ability to right-click save exists. Why buy an NFT, when I can right click save the […]
Read moreKey Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishDogecoin’s (DOGE) price is above the moving averages as the altcoin declines to $0.12 low. On March 28, the cryptocurrency rallied to $0.15 high. The bulls could not sustain the bullish momentum after four days of retesting the resistance zone. The uptrend […]
Read moreUSDJPY Price Analysis – March 31 USDJPY bulls rebound at the 121.200 significant level before continuing. The price started with a strong bullish wave and broke through the 121.200 significant level in the market. The sellers are now trading price tendency back to this critical level. The sell traders value the price but are not […]
Read moreThe Russian ruble has recorded a significant comeback over the past three and a half days on Thursday, amid a steady recovery in global equities as short selling pressure abated. The Market focus turned to what reactions might be from Moscow demanding that its gas exports be paid for in rubles. At press time, the […]
Read moreSILVER Weekly Price Analysis – March 31 When the bears are able to break down the support level of $24, there will be an increase of the bears’ momentum, bearish trend will continue to the support level of $23 and $22. The relative strength index period 14 is at 47 levels and the signal line […]
Read moreUniswap Price Analysis – March 31 The breaking up of the $12.40 resistance level will make the coin to target the $13.87 and $15.98 resistance levels. Inability to break up the resistance level of $12.40 may send the price to previous low at $9.72, $7.65 and $4.0 support levels. UNI/USD Market Key Levels: Resistance levels: […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) price is in an uptrend as it may attain previous high of 7687.27. The market is rising to retest the previous high of level 7687. Presently, UKX has reached the overbought region of the market. There is likelihood […]
Read moreUSDCAD Analysis – March 30 A major demand level at 1.2470 is currently being tested on USDCAD. A lower major demand level at 1.2300 was tested on the 21st of October 2021. The demand level was well protected. The bears struck a second time on the 27th of October. The demand level held, and the […]
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