Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trends: BearishThe US Wall Street 30 is in a downtrend as it may revisit level 31241. Today, the index fell below the moving average lines but found support above the 50-day moving average line. When the 50-day line […]
GBP/USD Long-Term Analysis: BullishThe GBP/USD pair is in an uptrend as the Pound rises to market highs. Following a recent retracement, the Pound has retraced below the moving average lines. As the pair is trapped between the moving average lines, the retracement has subsided. As long as the Pound trades between the moving average lines, […]
Ethereum ETH) Current StatisticsThe current price: $1,221.38Market Capitalization: $149,465,446,822Trading Volume: $2,551,254,120Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis December 24, 2022 Ethereum (ETH) price has recently picked up bullish momentum as it remains stable above $1,200. As the cryptocurrency gained support above $1,157 on December 16, sellers attempted […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: Bearish Dogecoin’s (DOGE) price is declining below the moving average lines as traders struggle over the market’s direction. As bulls bought the dips on December 19, the bears broke below the $0.07 support. The $0.08 level is proving to be a barrier […]
USDCAD Analysis: December 24 The USDCAD price is currently above the equilibrium level of the previous significant bullish move. USDCAD climbed within an ascending channel from the 1.250 demand level. The market rose as a result of crucial support levels. The support level at 1.300 caused the price to fly rapidly to 1.380. There was […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishThe NAS100 price is falling as it revisits level 10661.40. Since November 15, buyers have been attempting to break through the resistance at level 12000. Nonetheless, after three failed attempts, the NAS100 fell below the moving average lines. Today, […]
Following the extended downward retracement that started from the 2nd until the 7th of December 2022, USOil has been able to recover a significant part of the losses incurred during those times. Furthermore, market signs are still positive about more upside price moves. Major Price Levels: Top Levels: $78.37, $80.00, $82.00 Floor Levels: $76.00, $74.00, […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL index is correcting upward as it may reach a high of $84.76. WTI has broken through the 21-day line SMA and is approaching the 50-day line SMA. If the 50-day line SMA is breached, the bullish momentum will extend to a […]
XAU/USD has been experiencing significant attention from market bulls since the previous session. Consequently, this has caused the pair’s price to recover above the $1,800 price level. And, at this point, we may experience more price increases. Major price Levels: Top Levels: $1,818, $1,840, $1,870 Floor Levels: $1,800, $1,770, $1,740 XAU/USD Looks Ready to […]
