XAGUSD Price Analysis – March 7 The price of the white metal came under immense pressure in the prior session and briefly dipped below the $25.00 level. A move beyond the $25.00 breakpoint will negate the selling bias. The lack of lasting downside probably owes itself to the fact that US government bond yields, which […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in an downtrend. The index reaches the high of level 13885 and was repelled. The downtrend has been ongoing. On February 26 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that […]
Key HighlightsEthereum bulls break the $1,600 resistanceThe coin is likely to face resistance at a level of $1,700 Ethereum ETH) Current StatisticsThe current price: $1,660.62Market Capitalization: $190,500,499,597Trading Volume: $190,500,499,597Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 7, 2021 Ethereum bulls are attempting to break the $1,600 resistance. […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in a smooth uptrend. The crude oil has risen a high of $64 and was resisted. The price retraced to $60 and resumed the upward move. The resistance at $64 was broken as the market continues its upside momentum. USOIL […]
EURJPY Price Analysis – March 5 The continuation of the selling sentiment in the Japanese yen lends extra legs to the EURJPY beyond 129.00 level at the weekend. In the meantime, the pair sustains its upside sentiments price towards the round number at 130.00. As equities and U.S. yields continue to show a strong united […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. In the previous price action, the pair was resisted at level 150.44 and the market slumps to $148 low. Today, the price is retesting the resistance level to break it. The market will […]
Key Resistance Levels: $35, $37.50, $40Key Support Levels: $25,$22.50,$20 Polkadot (DOT) Price Long-term Trend: BearishPresently, Polkadot is in an uptrend. In the first uptrend, the coin was resisted at $40 and it retraced to $30 low. Buyers pushed the coin upward for the second time and were repelled at the resistance zone. The crypto is […]
BNBUSD Price Analysis – March 05 Further decrease in price is envisaged and the support level at $196 is likely to be tested. The breaking down of the just mentioned level will expose the coin to $142 and $117 price level. In case the decrease in price is interrupted by the bulls, the price may […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is presently in a downward move. The market is falling because the bulls are retesting level 1880 to break it. This resulted in a further downward move. On February 4 downtrend; a retraced candle body tested the 38.2% Fibonacci […]
