Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD has been in a downward move after its rejection from level 1.4200. After the initial fall, the Pound is making a series of lower highs and lower lows. On March 5, a retraced candle body tested the 61.8% Fibonacci […]
US Oil rallies today and it seems determined to come back higher. It’s traded at 60.61 at the time of writing and it could hit new highs soon. As you already know, the price was into a corrective phase after reaching the 67.94 level. Technically, the price of oil ended its short-term corrective phase and […]
NZD/USD continues to stay near the downtrend line, at 0.7030 level. An upside breakout could signal an upside reversal. The pair may continue to increase if the US Dollar Index resumes its downside movement after its temporary rebound. The United States inflation data could be decisive tomorrow. The CPI is expected to increase by 0.5%, […]
EURUSD Price Analysis – April 12 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key LevelsResistance Levels: 1.2190, 1.2050, 1.1952Support Levels: 1.1800, 1.1693, […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY was earlier in an uptrend. The pair has been facing rejection at level 85.00. On February 26 and March 18, the pair was resisted and the market declined to level 82.00. Today, the selling pressure has resumed. On March […]
Key Highlights ``BCH rallied to $715 high but faces rejection at the recent highThere is the possibility of further downward movement Bitcoin Cash (BCH) Current StatisticsThe current price: $693.12Market Capitalization: $14,546,905,387Trading Volume: $3,288,253,668Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis April 12, 2021 Bitcoin Cash is […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: April 11 In case the bulls continue to increase their momentum, the bulls may break up the $322 resistance level and Monero – Guide, Tips & Insights | Learn 2 Trade will increase towards $361 and $400 resistance levels. If the bears […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is an upward move. The index has been rising since March 9. The index has risen and it is retesting the previous historical price level at level 13885.85 to break above. On March 17 uptrend; a retraced […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has been in a downward move but the Kiwi’s price is making an upward correction. The pair corrected upward to level 0.7050 resistance zone and was resisted. Since April 5, the upward move is facing rejection at the […]
