XAGUSD Price Analysis – April 25 After failing to consolidate the prior week’s high at $26.30, Silver (XAG) has dropped back towards the $26.00 level with Friday’s close of $25.85 level. A sharp rise in US Treasury bond yields appears to be putting pressure on the white metal. From the last session, the benchmark 10-year […]
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 pair is in an upward move to retest or break level 0.7250. On March 17, buyers pushed the price to a high of level 0.7250 and were repelled. The Kiwi fell to level 0.6950 and resumed a fresh uptrend. […]
Key HighlightsEthereum faces rejection twice at the $2,600 resistanceEther resumes downtrend breaks 21-day SMA Ethereum ETH) Current StatisticsThe current price: $2,193.03Market Capitalization: $253,577,098,826Trading Volume: $29,915,500,106Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 25, 2021 Ethereum’s uptrend is facing rejection at the $2,600 resistance zone. On April 15, […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an upward move. The upward move is facing rejection at the recent high. On April 20, the first uptrend was resisted at the high of $64. Today, buyers are pushing on the upside. If the bulls break the […]
BNBUSD Price Analysis – April 23 Increase in the sellers’ momentum will push the Binance Coin below the support level of $503 and if the daily candlestick close below it, then, the price may decrease further to test the $420 and $364 support level. Failure to break down the support level of $503 by the […]
EURJPY Price Analysis – April 23 The EURJPY pair increased by 47 pips or 0.30% against the Japanese Yen towards the end of the week on Friday. As EUR edges higher, further consolidation appears to be on the cards in the near term, based on recent price action. ECB says its improving eurozone data, Lagarde […]
EUR/USD moves sideways in the short term trying to accumulate more buying energy before jumping towards new highs. The pair rallies as the US Dollar Index plunged in the last hours. EUR is strongly bullish again as the Euro-zone Flash Services PMI and Flash Manufacturing PMI have come in better than expected earlier. The services […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishYesterday, the currency price broke the 21-day and 50-day SMAs. GBP/JPY is in a bearish trend zone. The implication is that the Pound is likely to further depreciate on the downside. However, there are bullish signals above level 149.00 support […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingPolkadot’s price is in a downward move after buyers retested the $48 overhead resistance. The retesting of the overhead resistance on April 5 and 18, suggests the formation of a bearish double top pattern. This bearish double top pattern will cause […]
