Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since June. Today, the market has fallen to level 103.30. The current price level is falling after being rejected at level 103.80. Daily Chart Indicators Reading:Presently, the SMAs are sloping downward […]
Resistance Levels: $160, $180, $200 Support Levels: $100, $80, $60 Litecoin is one of the biggest altcoins by market capitalization. We are looking at the price movement in 2020 and possibly price prediction for 2021. In 2020, Litecoin has an opening balance of $41.368 but it rose to a high of $70. In February, LTC […]
Key HighlightsLitecoin fluctuates between levels $120 and $140, may retest level $140LTC likely to encounter a breakdown or breakout Litecoin (LTC) Current StatisticsThe current price: $126.15Market Capitalization: $10,573,795,500Trading Volume: $9,274,658,781Major supply zones: $120, $140, $160Major demand zones: $90, $70, $50 Litecoin (LTC) Price Analysis December 29, 2020Litecoin has broken the resistance at $124 as the […]
USDCHF Price Analysis – December 29 USDCHF is falling for the second day in a row after attempting to rebound to 0.8918 from the 17 Dec 2020 lows of 0.8822. After reaching its lowest level, the pair appears to have entered a consolidation phase. The weakness of the US dollar as a whole is causing […]
S&P 500 Price Analysis – December 29 S&P 500 index increases by 0.41% while posting fresh all-time highs past 3750, currently adding up at 3757 levels, during early Tuesday. US coronavirus (COVID-19) stimulus package signing by President Trump came as a surprise. The House members backed the $2,000 paycheck demand but turned down the veto […]
ADA Price Analysis – December 29 Should the bulls increase their momentum and push the price above the resistance level of $0.19, then, $0.21and $0.24 levels may be tested. In case the price is rejected at the $0.19 level, the price may reverse. The support level can be found at $0.16, $0.13, and $0.11 levels. […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Since 2015, the index has not been able to break above level 24000. In 2020, this level was tested and there was a strong bearish reaction. The index faced rejection at the overhead resistance. The breakdown covered the first quarter in 2020. In January, […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 In the first quarter of 2020, the index was in a downward move. Germany 30 has an opening balance of 13156.20. From January, the index crashed to level 7957, 60 in March. The bulls buy the dips as the market resumed its upward move […]
Just before Christmas, the last-minute Brexit trade was struck. The result is largely in line with expectations. Since Brexit cannot be avoided without a deal, the BOE should be able to keep its powder dry for a year. The likelihood of a negative interest rate has also been reduced, except for unexpected bad news related […]
