Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in an uptrend. The index reaches the high of level 13885 and was repelled. It fell to level 12757 and resumed upward. Daily Chart Indicators Reading:Presently, the SMAs are sloping upward indicating the uptrend. The index has […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi drops as sellers emerge in the overbought region. The market fell to the low of level 0.7228. If price finds support above the SMAs, the upward move will resume. Daily Chart Indicators Reading:The Kiwi has fallen to level […]
XRP/USD Market February 02 Should the Bears break down the support level at $0.39, then, $0.28 and $0.21 price level may be tested. In case the support level of $0.39 hold, the price may bounce and face the resistance level of $0.49, $0.63 and $0.73. XRP/USD Market Key Levels: Resistance levels: $0.49, $0.63, $0.73 Support […]
XAGUSD Price Analysis – February 28 The XAGUSD pair lost upside momentum under the $28.00 level during the prior session as sellers’ pressure takes a toll to hit the $26.13 low level. In the new week, the pair may stay distressed under the $28.00 level as the U.S dollar may gather further strength on rising […]
Key HighlightsEthereum bulls are struggling to hold above $1,300 supportThe biggest altcoin will slump again if the current support at $1,400 is broken Ethereum ETH) Current StatisticsThe current price: $1,354.55Market Capitalization: $156,343,211,173Trading Volume: $22,578,249,561Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis February 28, 2021 Ethereum bulls are struggling […]
BNBUSD Price Analysis – February 26 A breakdown at the $196 level by the bears may lead to the declination of the price to $142 level in which further decrease will drop the price to $117. The continuation of the bears defending the $196 support level may push up the price to the resistance level […]
GBPJPY Price Analysis – February 26 The GBPJPY exchange rate has declined to the 147.40 low level. It is unlikely that some upside potential could prevail in the market due to the seller pressures as the pair aligns while indicating a significant correction. The Japanese Yen rides on the turn-in risk sentiments and rebounded after […]
EURJPY Price Analysis – February 26 EURJPY remains beneath recent high and approaches the mid 128.00 level. The pair traded at daily highs around 129.52 before grinding lower to 128.64 level. The Japanese Yen is strong against a basket of currencies after the release of the latest inflation data from the BoJ. Key LevelsResistance Levels: […]
DOTUSD Price Analysis – February 25 With the Polkadot (DOT) price up to around 10% in 7 days and 0.24% in 24hrs, all eyes are on the coin to deliver further gains. After DOTUSD recovered from the weekly low of $25.82 level the pair looks to sustain the advance beyond the $35.54 daily high. At […]
