Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is in a range-bound move. However, since March 17, the Gold price has been fluctuating below the $1,750 resistance. Meanwhile, on March 8 downtrend, XAUUSD fell to $1,676.86 low. A retraced candle body tested the 61.8% Fibonacci retracement level. […]
Price Analysis – March 25 A further increase in the bears’ momentum may break down the support level of $3.6, and the price may test the $2.2 and $0.5 levels. In case the bears are unable to break down the support level of $3.6, the price may face the resistance levels at $4.3, $5.4, and […]
AUDUSD Price Analysis – March 25 Early in the session on Thursday, the AUDUSD pair recovered after plunging to lows of $0.7578 level, however on a short-covering rebound on the pair is erasing much of the overnight losses after hitting its lowest since early February. Key LevelsResistance levels: $0.7800, $0.7725, $0.7650Support Levels: $0.7557, $0.7461, $0.7414AUDUSD […]
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. Presently, the Yen is facing resistance at level 109.20. Since March 8, the pair has been fluctuating below the resistance. The uptrend will resume if the resistance is breached. On March 9 uptrend; […]
Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: BearishDOGE price has fallen to $0.0512 at the time of writing. The downtrend was caused by rejection at the $0.060 price level. In the previous price action, the coin has been trading below $0.064 overhead resistance. The bulls could not break the […]
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 […]
