Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 shares have been fluctuating throughout last year. It fluctuates between the low of 7,100 and a high of 7,700. As a range-bound trader, you initiate long orders at the lower price range. Then you exit these […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish On February 11, Ripple slumped to the low of $0.26 and rebounded as the coin reached a new high of $0.32. Before this time, the bulls have been finding it difficult to break the resistance at $0.28. Analysts are […]
EURJPY Price Analysis – February 14 The consistent delicate tone encompassing the European currency joined with a relentless pace in the Japanese safe-haven, compels EURJPY to exchange inside the proposed sentiment at the level of 119.00 handles. Key Levels Resistance Levels: 123.37, 121.01, 119.66 Support Levels: 118.20, 117.08, 115.83 EURJPY Long term Trend: Bearish In […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish After February 11 breakouts, Bitcoin has been characterized by small body candlesticks like Doji and spinning tops. These candlesticks describe the indecision between the buyers and sellers concerning the direction of the market. The price is now […]
XAUUSD Price Analysis – February 14 Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of […]
Key Resistance Zones: $60, $70, $80 Key Support Zones: $40, $30, $20 XMR/USD Long-term Trend: Bullish Monero is in an upward move after breaking the downtrend line since January 2. The bulls met their initial resistance at $60. The price level was breached after a week of consolidation below $60 resistance. As the coin moves […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish In the last 48 hours, BCH is trading below the $480 resistance. The bulls have made frantic efforts to break above it. At the same time, the market respects the historical price level. The current resistance is the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is on the downward move because of the resistance at $10,400. Yesterday, the market reached a high of $10,460 but the bulls could not sustain the upward move above the resistance at $10,360. In retrospect, the […]
AUDUSD Price Analysis – February 13 The AUDUSD pair sank lower on Thursday and is currently near the lower end of its daily trading range, just above the 0.6700 level. The pair stopped the recent recovery from a low of a decade and on Thursday came under some pressure from sellers amid new fears about […]
