Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishEUR/JPY pair is in an upward move as it faces rejection at 139.75. The pair is rejected in the bullish trend zone. In previous price action, the Yen has been facing rejections above the moving average lines. On the upside, […]
Read moreDeFI Coin Price Forecast: August 30 The DeFI Coin price forecast predicts that the market will rise above the $0.07520 price range, where it has stayed for weeks. A spike on the 29th of August saw the market correct to the price from where it moved to retest the price at the previous supply zone. […]
Read moreEUR/USD was able to regain above equality after its falling below it. This is happening after a big economic data was published in the United States. As the USD index strives to gain upward momentum, the pair remains in the green territory during the New York Session. The Money market took a better form on […]
Read moreEURCHF Analysis – August 30 EURCHF stems the bearish tide that has befallen the market in recent times using the 0.96140 critical level. Incidentally, on the 23rd of August, the market dropped below this critical level to record its lower price level ever. However, the buyers see the 0.96140 critical level as a more stable […]
Read moreAuthorities of Mendoza in Argentina have announced plans to allow about two million residents to pay taxes or government fees using Stablecoins, such as Tether (USDT) and Dai (DAI). A spokesman for the authorities explained: “This new service is part of the strategic objective of modernization and innovation carried out by the Mendoza Tax Administration […]
Read moreThe euro (EUR) reclaimed its footing above parity against the dollar (USD) on Tuesday as traders turned their focus to Germany’s inflation data, which should give indications of the likelihood of an aggressive interest rate hike decision by the European Central Bank (ECB). At press time, the EUR/USD pair trades up by 0.32% today, after […]
Read moreBitcoin (BTC) recorded a shock last week after Jerome Powell indicated that the US Fed was committed to sustaining its monetary tightening campaign to tackle inflation. However, the benchmark cryptocurrency appeared to get its leg under it quickly, a pattern some say indicates that the cryptocurrency has bottomed out. The flagship cryptocurrency is down by […]
Read moreS&P 500 Price Analysis – August 30 In case S&P 500 break down the support level at $3999 support level, further decrease in price may reach $3899 and $3799 support levels. In case the support level of $3999 is defended by the bulls, price may face resistance levels at $4060, $4171 and $4276 levels. Key […]
Read moreADA Price Analysis – August 30 Ability to break up the $0.47 level by the bulls may lead to an increase in price to resistance levels at $0.54 and $0.69 levels. The technical indicator relative strength index period 14 is at 43 levels with the signal line pointing upside which indicates a buy signal. ADA/USD […]
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