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GBPJPY Is Recovering Nicely From a Recent Slip-up

GBPJPY Analysis – November 18 GBPJPY is recovering nicely from a recent slip-up it had. The price had worked very hard to rise above the 168.720 resistance level, and by the time the currency pair rose above the level, it got weakened and ceded control to the bulls, who quickly effected a strong bearish formation […]

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After Obtaining an FSP License in Abu Dhabi, Will Binance Coin Price Avoid a Drop?

The exchange (Binance) received its Financial Services Permission (FSP) license from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) (ADGM). As long as the exchange abides by the FSRA’s rules and regulations, this will allow Binance to offer cryptocurrency services in the market. If bullish sentiment increases, the price of BNB may rise […]

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Ethereum Declines as It Faces Rejection at $1,300

Ethereum ETH) Current StatisticsThe current price: $1,200.45Market Capitalization: $146,761,457,785Trading Volume: $11,076,601,221Major supply zones: $2,500, $3,000, $3,500Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis November 17, 2022 Ethereum’s (ETH) price is on a downward trend as it faces rejection at $1,300. The largest altcoin has been trading between levels of $1,070 and $1,350 since […]

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USDCAD Bulls Find Re-Entry at a Discount Array

USDCAD Analysis – November 16 USDCAD bulls find re-entry at a discount array. The market’s overall direction still aligns with the major trendline on the daily time frame. The trendline has been opposing the bears as they look downward. The recent pullback to the downside was due to the downcasting of USDCAD by its sellers […]

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EURCHF Slips Downward, but There Remains Upward Momentum in the Market

EURCHF Analysis – November 15 EURCHF slips from above the 0.98360 key level upon its second attempt to test the level. Since hitting a depression some weeks ago, the market has been strongly bullish. The price conformed into a bullish structure to pump the current pair beyond several key levels, including the 0.98360 major resistance […]

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AUDJPY Price Is Chipping Away Back to the 91.470 Key Zone

AUDJPY Analysis- November 14 AUDJPY price is chipping away back to the 91.470 key zone as more expectations are raised by sellers. On the AUDJPY market, the sell traders seem to be lowering the bar as price action is now seen slipping. Taking a look at the Bollinger Band Indicator, the price action is seen […]

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NZDUSD Is Preparing for a Retracement to the Downside

NZDUSD Analysis – November 13 NZDUSD is preparing for a retracement to the downside after hitting the 61.8% retracement level. Until the 13th of last month, the market was clearly in a downtrend. Though the NZDUSD buyers were privileged to make some successful trades as the market retraced upward, for a very long time, the […]

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Ethereum Recoups above $1,200 Support as It Revisits Previous Highs

Ethereum ETH) Current StatisticsThe current price: $1,259.24Market Capitalization: $156,446,749,976Trading Volume: $14,043,347,342Major supply zones: $2,500, $3,000, $3,500Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis November 14, 2022 Ethereum (ETH) price is on a slump as it recoups above $1,200 support. Bulls are currently buying the dips, while buyers are defending the decline. The initial […]

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