EURJPY Price Analysis – May 21 Following Wednesday’s record highs in the 133.50 regions, EURJPY continues to fall. Meanwhile, the risk complex is in a generally better mood, with investors expecting revived demand for the Japanese Safe-haven and falling US yields. A combination of factors, such as ECB fiscal policy, could reduce the upside potential […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishToday, DOT price is falling after rejection from the $32 high. In the previous price action, Polkadot plunged to $16 low and pulled back as bulls bought the dips. However, the uptrend was short-lived as DOT price faced resistance at $32.50. […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold has continued its upward move. The gold price has broken above the resistance at $1,800 to reach the high of $1,876.On May 18 uptrend; the retraced candle body tested the 61.8% Fibonacci retracement level. The retracement has indicated that […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishSince May 3, the USD/JPY upward move has been stalled at level 109.80 high. The bulls have not been able to break above the recent high. Consequently, the Yen has fallen twice to level 108.50. Today, the pair is retracing […]
Gold stands at 1871.42 trying to stabilize inside of the buyer’s territory. It has decreased again after yesterday’s amazing rally to retest the near-term broken levels. The bias is bullish in the short term after the latest developments. I’ve told you in my VIP Live Session yesterday that personally, I’ll wait for the price of […]
Uniswap Price Analysis – May 20 Further increase in the bears’ pressure to break down the support level of $21 may lead to price decrease to the support level at $15 and $12 levels. In case the bulls defend the support level of $21, Uniswap price may increase to $26, $30 and $37 price levels. […]
AUDUSD Price Analysis – May 20 AUDUSD rises to a new intraday high of 0.7763 at the time of this post in early Thursday, up 0.20 percent on the day. Before April’s job report sparked a corrective pullback, the Aussie pair had been grappling with the risk-off mood. Amid Aussie jobs data, the failure to […]
USD/JPY decreased again in the short term but the bias remains bullish after yesterday’s rejection from a confluence area. It’s traded at 108.98 trying to come back higher and to erase today’s losses. Maybe the US Dollar will take the lead again if the US Unemployment Claims will continue to drop. The economic indicator is […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishYesterday, Dogecoin fell to $0.21 low as bulls bought the dips. It appears DOGE price has reached bearish exhaustion. Since May 8, the altcoin has been in a downward move. In the initial breakdown, the coin dropped to $0.35 low. DOGE price […]
