Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD had been in an uptrend. The pair has been facing rejection at level 1.4200. On February 24 uptrend, a retraced candle body tested the 38.2% Fibonacci retracement level. This retracement indicates that the Pound will rise to level 2.618 […]
ADA Price Analysis – March 15 Should the sellers gain enough momentum and the daily candle closes below $0.98 level, ADA/USD may decrease to $0.83 which may extend to $0.73 level. In case the sellers were unable to penetrate the $0.98 level, then, price increase towards the resistance level at $1.11, $1.23 and $1.46 is […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY is in an uptrend. The upward move is facing rejection at level 85.00. In February, the uptrend was resisted as price plunged to $82.00. Today, the price is fluctuating below level 85.00 as bulls fail to break the resistance […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: March 14 The buyers are putting more pressure on the pair, and the price may slide upwards, the resistance level of $244 may be penetrated upside and the resistance levels of $281 and $322 may be the target. Failure to break up […]
The recent market risk sentiment boost that spurred the S&P 500 to new record highs, caused the US to raise $120 billion in coupon sales and prompted the European Central Bank (ECB) to promise to “significantly” boost bond purchasing programs, appears to have fizzled out ahead of the weekend. Meanwhile, the US dollar index (DXY) […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has been in a downward move. After the breakdown on February 26, the pair has corrected twice and has also fallen twice. On February 26 downtrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. The pair is presently retracing because the market has reached the overbought region. However, the Yen has been trading in the overbought since February 5. The price has been fluctuating on the upside […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has continued its upward move. On March 8, the pair retested level 109.00 and was resisted. The price fell and resumed upward. On March 9 uptrend; a retraced candle body tested the 88.6% Fibonacci retracement level. The retracement […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is presenting in a sideways move. Today, the market is rising to retest level 1.2700 high. Since March 1, all price movement has been stalled below the 1.2700 high. The pair is fluctuating between 1.2600 and 1.2700. Daily […]
