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NZD/USD Is in a Uptrend, Targets Level 0.7207

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi has continued its upward move. The pair fell to level 0.7000 but resumed upward shortly. The kiwi has risen to level 0.7183 after breaking level 0.7100. The uptrend will continue if the bullish momentum is sustained above level […]

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USD/JPY Is in a Downward Move, a Fall to Level 101.19 Likely

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 […]

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Litecoin (LTC) Makes Positive Move, Battles Resistance at $140

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 […]

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Annual Forecast for Italy 40 (2021): ITA40 Outlook May Remain the Same as Level 24000 Remains Unbroken

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, […]

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