GBPJPY Price Analysis – February 4 GBPJPY experiences a change in direction in the market. The market in the daily timeframe has formed a wave-like picture. The market has gyrated from highs to lows and vice versa. On the 4th of November, the Moving Averages period nine and twenty-one crossed to signify a bearish move […]
Read moreLucky Block Market Prediction – March 4 The Lucky Block market prediction is for the price to make a sharp rebound at the $0.00454740 anchor support level if it doesn’t break out of its descending channel. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $0.00639520, $0.00577200Demand Zones: $0.00540850, $0.00454740 A descending channel encircled the […]
Read morePound versus Dollar drew a considerable amount of offers from market traders and dipped around 1.3316 in the midst of Russian attacks on Ukraine, which is the largest nuclear power station in Europe. The news brought a wide base in the risk-observed asset as investors think about further increases in the war between Ukraine and […]
Read moreKey Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold (XAUUSD) is in an uptrend as it targets the $2,020 high. The bulls have also broken above the resistance at $1,870. The market has reached a high of $1,950. Presently, Gold is fluctuating below the recent high. On February […]
Read moreBNBUSD Price Analysis – March 04 The price may commence a bullish trend if the daily candle close above the $448 level, the resistance levels of $516 and $561 may be the target. Inability to break up the $448 level by the bulls may leads to ranging movement within $448 and $397 levels. BNB/USD Market […]
Read moreKey Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price is still in a downward correction as faces rejection at $0.13. On February 28, DOGE’s price rebounded above the current support to reach the high of $0.1388. Today, DOGE is falling from the recent high or the 21-day line […]
Read moreRecent reports show that Bitcoin (BTC) whale accounts, large accounts holding at least 100 and 1,000 coins, have begun massively stacking up on BTC, once again. Meanwhile, BTC accumulation wallets, active BTC accounts that have refused to sell their tokens, have hit a new record high. The financial world has been rocked by a series […]
Read moreEuropean Union (EU) lawmakers have backtracked on a controversial paragraph from recent legislation that would have outlawed all proof-of-work (PoW) operated cryptocurrencies, like Bitcoin and Ethereum, from Europe. The Markets in Crypto-Assets (MiCA) framework, championed by Economic and Monetary Affairs (ECON) rapporteur, Stefan Berger, was initially set for deliberation on February 28. However, following a […]
Read moreThe GBP/JPY pair trades softly in the London session on Thursday after a sharp yesterday off a 10-week low. The recent weakness on the pair is blamed on the prevailing apprehensive investor sentiment ahead of key economic data events, along with a lack of market-moving catalysts. A Russian negotiator recently revealed possible rounds of diplomatic […]
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