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USD/JPY Is in a Strong Uptrend, Reaches the Overbought Region

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has continued its upward move. On February 17 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the Yen will rise to level 2.618 Fibonacci extensions or level 108.18 . Daily Chart […]

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Dogecoin (DOGE) Fluctuates in a Range, Price Direction Uncertain

Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: RangingDOGE price is range bound between $0.040 and $0.060. Since February 26, the market is characterized by small body candlesticks called Doji and Spinning tops. The candlesticks are describing that buyers and sellers have reached a period of indecision. Daily Chart Indicators […]

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USD/CAD Resumes Downtrend After Rejection From Level 1.2750

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie has continued its downward move. Since March 1, the downward movement has resumed after rejection at level 1.2750. On February 25 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the pair […]

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Ethereum (ETH) Price Analysis: Ether Faces Rejection at Level $1,600, a Possible Retest Likely

Key HighlightsThe biggest altcoin rebounded above $1,457Ether faces rejection at level $1,600 Ethereum ETH) Current StatisticsThe current price: $1,560.46Market Capitalization: $179,050,879,551Trading Volume: $21,354,604,705Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 3, 2021 Since February 28, Ethereum has recovered from the recent downtrend. On February 28, the altcoin […]

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