GBP/USD Long-Term Analysis: BullishThe GBP/USD pair is currently on an upward trend as it may turn around at level 1.2078. The Pound is retracing as it finds support above the 21-day line SMA. If the pullback ends, the present rise may resume. The positive momentum can regain strength as long as the price retraces above […]
USDJPY Analysis – December 16 USDJPY breaks out of the expanding channel to seek liquidity in lower trading zones. The market has continued to follow the downtrend initiated in November. USDJPY Significant Levels Demand Levels: 131.50, 126.60, 121.30 Supply Levels: 129.20, 144.60, 149.90 USDJPY Long-Term Trend: Bearish Bulls’ buying pressure has increased significantly since March. […]
Sellers’ momentum increases in Binance Coin market BNBUSD Price Analysis – 16 December When the sellers push the price below the $239 support level, the price may decrease to the $219 and $209 support levels. An increase in buyers’ momentum may break up the resistance level of $256, and, Binance Coin may increase to $276, […]
Whales are beginning to shift focus toward Dogecoin as it attains new highs in prominent metrics. Recent data from WhaleStats, a Binance Chain (BSC) wallet tracker, revealed that whales are now turning their focus to Dogecoin as deep-pocketed individuals start making large-scale purchases of the assets. The whales are now following DOGE as a token […]
Whales are beginning to shift focus toward Dogecoin Whales are beginning to shift focus toward Dogecoin as it attains new highs in prominent metrics. Recent data from WhaleStats, a Binance Chain (BSC) wallet tracker, revealed that whales are now turning their focus to Dogecoin as deep-pocketed individuals start making large-scale purchases of the assets. The […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishThe Gold price has been moving in a series of higher highs and higher lows as sellers emerge to lower prices. The $1,825 high is currently being tested by XAUUSD, but it will be rejected at $1,828. Positive momentum […]
XRP whales are moving their assets from Binance as a result of Binance’s creation of the defective and meaningless “proof of reserve” system, as criticized by some financial experts. The ongoing probe by US officials into Binance for money laundering may be potentially connected to this sudden outflow. As a result of the situation, a […]
Following the Hong Kong Security and Futures Commission (SFC) establishing an application opportunity for willing Exchange Traded Funds (ETFs) providers, CSOP expressed its keen interest in providing Ethereum ETFs for traders. The SFC recently granted the CSOP’s application final approval. On December 16, this year, the Bitcoin and Ethereum Futures ETFs will finally be listed […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold is currently testing the $1,810 high but faces rejection at $1,828. The overbought zone has been achieved by positive momentum. Buyers have been unable to maintain the price above the $1,840 high since November 16. A retraced candle […]
