Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishXAUUSD is in a downtrend. Since May 31, the upward move is facing resistance at $1900. In the first resistance the market decline to $1,860. On June 11, Gold faces another resistance which made it drop sharply. On June 1 […]
BNBUSD Price Analysis – June 18 Should the bulls defend the support level of $364, the price may breakout at $420 level continue its uptrend movement towards the resistance level of $503 and $599. On the other hand, more pressure from the sellers may push down the Binance Coin to break the support level of […]
EUR/USD seems too oversold to resume its drop, so we may have a temporary rebound. The DXY seems overbought after reaching the 61.8% retracement level. Technically, the pair has developed a potentially bullish signal, but we still need confirmation. Technically, a rebound is natural after the last massive drop. The Euro-zone Current Account and the […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishSince June 14, Polkadot (DOT) has been falling after the rejection at $29. The selling pressure has broken below the moving averages which suggests a further downward movement of prices. The current price fall was the failure of buyers to break […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishUSD/JPY is in an upward move. Since April 26, the Yen price has been making a series of higher highs and higher lows. Today, the Yen is retracing after reaching a higher high of level 111.00. Incidentally, the bulls have […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. FTSE 100 has risen to level 7200 but it is retracing for a further upward move. The index will resume an uptrend as price finds support above the 21-day SMA. Meanwhile, on April 19 […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDOGE’s price continues its downward move after rejection at $0.33. DOGE price at the same time broke below the moving averages. This will catapult the coin to the bearish trend zone. Since the breakdown on June 4, the crypto’s price has been […]
AUDUSD Price Analysis – June 17 During Thursday’s mid-European session, the AUDUSD fell significantly. The pair tumbles toward the sub-0.7500 minor support zone, which was formed by the previous month’s lows. The early rally, on the other hand, was short-lived and fizzled out fast on continued US dollar buying interest. Key LevelsResistance Levels: 0.7980, 0.7775, […]
Uniswap Price Analysis – June 17 In case the bears were able to exert pressure to break down the support level of $21, the price may decrease to the support level at $15 and $12 levels. Failure to break down $21 level by the bears, Uniswap price may increase to $26, $30 and $37 price […]
