Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On April 30, BTC reached a high of $9,500 but began to retrace after the coin was overbought. Price retraced to $8,500 and continued fluctuation between $8,500 and $9,500. On April 29, the bulls were attempting to […]
Libra 2.0: Better than a pivot, claims a member of the Libra Association Going ahead for a year after the first publication of the Libra Whitepaper, this month the Facebook digital currency project made big revisions to introduce forward Libra 2.0 in the goal of pacifying regulators and pushing the project going. Libra started as […]
AUDUSD Price Analysis – April 30 The AUDUSD pair tumbled beneath the main 0.6500 psychological level to new daily lows, however, it quickly regained a few pips later. This combined with a lighter tone across the equity markets largely fuelled the relative safe-haven status of the greenback against the supposed potentially risky currency – the Australian dollar – […]
USDCHF Price Analysis – April 30 USDCHF exchanges as at press time near 0.9735 level, reflecting a daily increase of 0.15 percent. Although the pair is turning green, they’re still stuck within the recent 0.9700-0.9800 level trading range. As a consequence, prices in a lackluster session skipped pushing significantly beyond the trading range of the prior day. […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Yesterday, BCH rebounded and broke the $250 resistance but failed to break $280 resistance. The market reached a high of $275 and became overbought. Sellers have emerged and attempting to push price downward. The bulls are contesting the […]
GBPUSD Price Analysis – April 29 The GBPUSD wrestled to improve on its initial rebound and continued pulling back from the proximity of the psychologically key 1.2500 marks. The GBPUSD pair recovered a decline from the daily swing lows to sub-1.2400 levels and eventually recovered about 25 pips. Since UK Foreign Secretary Dominic Raab confirmed […]
XAUUSD Price Analysis – April 29 During the late European session, Gold edged down into the American session and refreshed daily lows as overriding risk-on mood weighs on XAUUSD, but managed to stay just above the round-figure mark of $1,703.00. This emerges amid a significant upturn in crude oil prices, which rather bolstered the optimism […]
Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bullish The current resistance at level 4500 is about to be broken. Since on March 25, the bulls made several attempts to break the resistance but to no avail. France 40 is likely to rise to level 4800 […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish Yesterday, LTC rebounded as it attempts to break the $47 resistance. The bulls have earlier broken $43 resistance and resumed its upward move. As price approaches the resistance at $47, LTC is likely to face another resistance at […]
