Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishSince January, UKX’s upward move has been facing rejection at level 6800. On three occasions, the index was rejected and it fell to level 6500. Today, the market is still fluctuating above the 21-day SMA to retest level 6800 resistance. An […]
STELLAR Price Analysis – March 24 The bulls’ ability to break up the resistance level of $0.42 will push up the price towards $0.50, and $0.57 may be tested. On the other hand, the breakdown of the support level at $0.33 will push down the price to $0.22 and $0.16 levels. However, the relative strength […]
S&P 500 Price Analysis – March 24 The S&P 500 trades past the 3,900 level and presently up at 0.18% during the early European session on Wednesday. US 10-year Treasury yield declines to new low printing three basis points (bps) of intraday loss to 1.60% during the session. Key LevelsResistance Levels: 4,100, 4,000, 3950Support Levels: […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD pair is presently making an upward move. The price has broken above the 21-day SMA. If it breaks the 50-day SMA and the bullish momentum is sustained, the uptrend will continue. The selling pressure will resume if price fails […]
Key HighlightsEthereum bulls break lower price range of $1,750The biggest altcoin is likely to reverse at level $1,615 Ethereum ETH) Current StatisticsThe current price: $1,679.74Market Capitalization: $193,519,854,025Trading Volume: $20,772,054,180Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 24, 2021 Ethereum bulls have broken the $1,750 support as ETH […]
Key Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BullishThe index is in an uptrend. On March 18, it rose to level 33200 but was resisted. US30USD fell to level 32517 and resumed a range-bound movement. Meanwhile, on March 19 a retraced candle body tested the […]
ADA Price Analysis – March 23 In case the buyers gain more momentum and the daily candle close above $1.23 level, ADA/USD may increase to $1.46 which may later test $1.46 level. In case the buyers were unable to penetrate the $1.23 level, then, price may decrease towards the support level at $1.11, $0.98 and […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishEUR/CHF is in an uptrend. The pair has been in a downward move but has found support above level 1.100. On February 26, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement on February 26 indicates that […]
USDCHF Price Analysis – March 23 The USDCHF pair found new buyers at the start of Wednesday’s European session with renewed strength to trade past 0.9300 level. The momentum indicators are painting an optimistic picture for the pair in the near term. US stocks turn firmer as the recent fears of high inflation in the […]
