Market Analysis: September 29 USDJPY’s uptrend is paused by the resistance level at 145.100. The bullish market has experienced a series of corrections and expansions all through the year. The market is sparing within an expanding channel on the daily time frame. USDJPY Major Zones Resistance Zones: 145.100, 139.490Support Zones: 130.860, 125.730 USDJPY Long-Term Trend: […]
Read moreLucky Block Market Expectation – September 29 The Lucky Block market expectation is for the price to burst upward after a short while of consolidation. LBLOCK/USD Long-Term Trend: Bullish (4-hour Chart) Key Levels: Zones of supply: $0.0008360, $0.0006820Zones of Demand: $0.0001878, $0.0005060After failing short of immediately breaking the $0.0008360 resistance, Lucky Block price resorted to […]
Read moreChairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, recently noted that Bitcoin (BTC) and the crypto industry could record a significant boost from the regulatory move headed by his organization. Behnam noted that a clearer regulatory pathway would open up the industry to institutional investments. The CFTC chair argued that the only way […]
Read moreKey Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 has fallen significantly to the downside as it finds support above 10928. The index falls to the low of 11164 and pullback. The downtrend is reaching bearish exhaustion as the market approaches the oversold region. Meanwhile, on the […]
Read moreMarket Analysis – September 28 USDCAD Impulsive Breakout hit 1.380. The USDCAD market has just reached its highest price this year. The United States Dollar currency continues to roar aggressively against the Canadian Dollar. USDCAD Major Levels Support Levels: 1.200, 1.250Resistance Levels: 1.300, 1.380 USDCAD Long-Term Trend: Bullish USDCAD Impulsive Breakout resulted from a longtime […]
Read moreThe British pound (GBP) clawed its way back from its previous crash as relief at the Bank of England (BoE)’s intervention in the bond market eased away. Sterling recorded its highest jump since mid-June yesterday after the BoE announced plans of an emergency bond-buying plan to support the freefall suffered by the economy and the […]
Read moreGovernor of Banque de France, François Villeroy de Galhau, spoke about cryptocurrency regulation at a conference on digital finance in Paris on September 27. The French central bank boss noted: “We should be extremely mindful to avoid adopting diverging or contradictory regulations or regulating too late. To do so would be to create an uneven […]
Read moreDeFI Coin Price Forecast: September 28 The DeFi Coin price forecast indicates that the DEFC market has resumed its bullish run after the price retest at $0.08200. The price needed enough pressure that could sustain its vigorous upbound motion. Hence the retracement that occurred on the 27th of the month drove late-arriving traders to buy […]
Read moreKey HighlightsLitecoin trades below the moving average linesLTC/USD has reached bearish exhaustion Litecoin (LTC) Current StatisticsThe current price: $53.23Market Capitalization: $4,471,059,998Trading Volume: $423,962,884Major supply zones: $200, $220, $240Major demand zones: $80, $60, $40 Litecoin (LTC) Price Analysis September 28, 2022Litecoin’s (LTC) consolidates above $52 as it is set for a rebound. Since July 25, the […]
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