GBPJPY Price Analysis – February 26 At the beginning of the European session on Wednesday, the GBPJPY cross weakened below the level of 143.00 and fell to the bottom of its weekly trading. BREXIT and the British pound, which was also fueled by the diverging position of the United Kingdom regarding its future commercial relations […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin has continued its downward movement after a disappointing uptrend. The uptrend has been terminated after the bulls failed to break the $10,400 overhead resistance. The bulls retested the $10,200 and $10,000 resistance levels but were repelled. […]
XAUUSD Price Analysis – February 26 During the Asian session, gold rose to a higher level into the European Session on Wednesday and is currently at the top of its daily trading range of $1625-55 levels. Fears of the global outbreak and impact of the new virus on the global economy have compensated for a […]
Key Resistance Levels: $24, $28, $32 Key Support Levels: $12, $8, $4 BTG/USD Long-term Trend: Ranging Bitcoin Gold is still in a range-bound movement as the bulls’ battle the resistance at $14. The bulls have made two unsuccessful attempts at the resistance. In the first attempt, the bulls tested the resistance; and BTG fell to […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple price is making a series of lower lows and lower highs as it falls to a low of $0.25. The coin was in a downward move after Ripple reached overbought condition. From a high of $0.34, the price […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin is gradually falling after failing to break above the overhead resistance. At first, it drops to a low of $9,600 after failing to break above $10,400 resistance. The price went up to retest the resistance at […]
USDCHF Price Analysis – February 25 The USDCHF closed with small gains beneath 0.9800 level on the first day of the week and struggled Tuesday to climb past that point. During the decline of the Fx pair beneath the 0.9700 level, the start of the month around 0.9670 level and the bottom of the January […]
S&P 500 Price Analysis – February 25 On Monday, the S & P 500 had a huge rally, breaking the main uptrend line downwards quite significantly during the trading session, testing the lows at 3215 levels. Finally, the impact of COVID-19, better known as coronavirus, began to strongly affect financial markets. Key levels Resistance Levels: […]
Key Resistance Zones: $60, $70, $80 Key Support Zones: $40, $30, $20 XMR/USD Long-term Trend: Bullish Monero has been on an impressive run after breaking the downtrend line. The bulls reached a peak price of $96 but could not break above it. At the high of $96, XMR reaches the overbought region. The upward move […]
