EUR/USD has decreased a little in the short term but the bias remains bullish. The price has retested the weekly pivot point and now it looks ready to trade higher. The DXY is under big pressure right now ahead of the US inflation data released tomorrow. Today, the German Trade Balance increased from 14.0B to […]
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 pair is in an uptrend. The Pound is currently fluctuating below level 1.4300. The upward move has been resisted since May 18. Meanwhile, on May 11 uptrend, a retraced candle body tested the 61.8%% Fibonacci retracement level. The retracement […]
STELLAR Price Analysis – June 09 The price may break down the support level of $0.30, when the bears increase their momentum, and the price may decrease to the low of $0.22, which may extend to $0.16 level. In case the bears are unable to break down the support level of $0.30, bulls may take […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingAUD/JPY currency pair was earlier in an uptrend. The uptrend was terminated in February as the pair resumed a sideways move below the level 85.50. Since February, the currency pair has been in a sideways trend below the resistance at […]
ADA Price Analysis – June 08 Should the sellers exert more pressure on the market, the support level of $1.46 will be penetrated and the support levels of $1.31 and $1.11 may be reached. Inability to break down the $1.46 by the bears may lead to an increase in price to resistance levels at $1.64, […]
USDCHF Price Analysis – June 8 The USDCHF is sliding under negative pressure, with the pair breaking to 0.9000 downsides during the European session and falling to 0.8960, the week’s low. Despite lower US market prices and a drop in US bond yields, the dollar fell. The yield on the 10-year Treasury note decreased to […]
Key HighlightsLitecoin is failing to revisit the previous lowLitecoin is still in a downward correction Litcoin ( LTC) Current StatisticsThe current price: $157.43Market Capitalization: $13,212,310,475Trading Volume: $3,047,137,394Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis June 8, 2021Litecoin is in a downward move. After its recovery from the $118 […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is in an upward move. Today, buyers are struggling to break above level 14000. Since February, the bulls are yet to break the resistance at level 14000. Each time, the resistance zone is tested, the market will decline […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD is in a sideways move below level 0.7300 Since April. The currency pair has been fluctuating between levels 0.7150 and 0.7300. Today, the currency has risen and it is breaking above the moving averages. This will propel price to […]
