AUD/USD was into a corrective phase in the short term as the DXY increased a little. The pair has decreased as much as 0.7688 level where it has found strong support. Actually, the price has reached a strong support area, so a bounce-back is natural. USD depreciates again as the US Dollar Index plunges ahead […]
BNBUSD Price Analysis – May 14 Inability to break down the support level of $503 by the bears, BNBUSD will break up the $678 and bullish trend may continue to the resistance levels at $758, and $850. BNBUSD Market Key levels: Resistance levels: $678, $758, $850 Support levels: $599, $503, $420 BNBUSD Long-term trend: Bearish […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold is in an upward move. On May 6, the bulls broke the resistance at $1,800 as price rallied to $1,840. Gold pulled back and resumed upward move. On May 13 uptrend, a retraced candle body tested the 61.8% Fibonacci […]
Uniswap Price Analysis – May 13 When the bears gain more pressure to break down the support level of $33, the price will decrease to the support level at $26 which may extend to $21level. In case the bears could not break down the support level of $30, Uniswap price may increase to $37, $43 […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishFor the past 48 hours, the Yen has been in an upward movement. The pair rebounded above level 108.50 to reach the recent high. The upward move is facing resistance at level 109.80. The uptrend will resume if price breaks […]
USD/JPY remains strongly bullish after failing to retest the uptrend line. The pair rallied as the US Dollar Index jumped higher after the US inflation data publication. The unexpected growth registered by the CPI and by the Core CPI has changed the sentiment. USD rallied after those better than expected data. DXY’s further growth will […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishDogecoin has been in a downtrend. The altcoin dropped sharply from a high of $0.739 to a low of $0.357. Presently, the coin is finding support above $0.350 support. The upward move will resume if the current support holds. Meanwhile, on May […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index broke the resistance at level 7000 but was resisted at level 7100. However, the index fell to the range-bound zone below level 7000. In the previous price action, UKX was in a downward correction below level 7000 before it […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD has continued to fall after rejection at level 1.2300. The market has declined to the low of level 1.2096. Further downside is expected. On the daily chart, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement […]
