Key Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is retracing after the index tested level 34000 resistance zone. Besides, the index is trading in the overbought region of the market. The Fibonacci tool has indicated a possible reversal at this level. Meanwhile March 18 […]
USD/SGD dropped right after the US inflation data was released but it could still come back higher. It’s traded at 1.3419 at the time of writing after retesting the daily pivot of 1.3414. An upside reversal is somehow expected after breaking above the major downtrend line. The pair has developed a triangle on H4 which […]
USDCHF Price Analysis – April 13 After plunging for 5 consecutive days, the USDCHF pair bounces off lows around 0.9200 early on Tuesday’s European/American session. The pair’s rebound is up around 0.9259 intraday high and at the time of this post was hovering around the 0.9213 level. The US dollar is in a cautious mode […]
NZD/CAD edged higher today and it seems determined to resume its rebound. Technically, the pair has developed a Double Bottom pattern, so it could jump higher in the short term. New Zealand Dollar is strongly bullish and it could appreciate versus all rivals and not only versus CAD. Still, we need confirmation before deciding to […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF has resumed a downward move after retesting level 1.1100. The pair was earlier fluctuating between levels 1.100 and 1.1150. The price has broken the lower price range. On March 8 downtrend; a retraced candle body tested the 38.2% Fibonacci […]
Key HighlightsLitecoin rallies to $264 high but faces rejection at the recent highThe altcoin fluctuates between levels $244 and $264 Litecoin (LTC) Current StatisticsThe current price: $249.05Market Capitalization: $20,921,225,185Trading Volume: $5,112,701,631Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis April 13, 2021Litecoin bulls have consistently pushed LTC on the […]
ADA Price Analysis – April 13 Should the buyers gain enough momentum and the daily candle closes above $1.31 level, ADA/USD may increase to $1.46 – $1.68. In case the sellers defend the $1.31 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.31, $1.46, $1.68 Support levels: […]
When the Market MovesGains are made only when price moves. No price movement; no gains. While we cannot be sure of the next market volume and volatility, there are principles that can help us achieve our goals, no matter what the market does. Pay attention to buying and selling pressure, relative to price movements and […]
Bitcoin SV Price Analysis – April 13 An increase in the bulls’ momentum may push up the coin to $311 level, which may increase the price to $364 and $410 resistance level. In case the bears exert more pressure and the price close below the support level at $259, then, the price may decrease further […]
