Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Ranging Ethereum is still fluctuating between $100 and $140. Neither the bears nor the bulls have broken these key levels. Recently, the bulls bought at $120 price level. ETH made a positive move to break the $140 resistance level. Later […]
EURUSD Price Analysis – March 23 Despite the opening bell in Europe at the moment, EURUSD has now come under some selling pressure after climbing to the 1.0770 regions earlier in the session and is dropping to the area beneath the 1.0700 level. The attitude of US politicians and Europe’s desperate condition with the prospect […]
USDWTI Price Analysis – March 23 West Texas Intermediate oil prices extend the downside which started in today’s trading session since Friday. Increasing open interest combined with volatile market activity favors extra losses, well on the cards in the short-term horizon with another visit to the $20.00 level neighborhood. Key Levels Resistance Levels: $33.60, $30.21, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin crashes below $6,000 as the bulls were unable to sustain the upward move. The price is unstable below and above the $6,000 price level. However, since the upward move is interrupted, the coin will revert to […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bearish US Wall Street 30 index is likely to continue downward move as the market shows no signs of consolidation. Today, the market has fallen to a low of 19027. At this low, the index has […]
GBPUSD Price Analysis – March 22 The GBPUSD pair exited in the green on Friday but had come from a fresh multi-decade low of 1.1409 level. The pair plunged for a second consecutive week, as the response to the coronavirus outbreak from the UK government came too late. The greenback stays high on the market […]
S&P 500 Price Analysis – March 22 After a few days of consolidation, the market looks to restart to the downside. The S&P500 is now in a selling market as it has fallen from its recent rise to 2500 by more than 20 percent while investor sentiment is weakening. Given major monetary and fiscal stimulus, […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bearish FTSE 100 share is currently above 5000 support. Since it fell on March 11, the market has been consolidating above the $5,000 support. The price fell to the low of 5006 and reached the oversold region. The share is […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin now trades above $6,000 after failing to breach the $7,000 resistance. The price is consolidating above the $6,000 support. Before this time, the pair was range-bound between $4,400 and $6,000. The price fluctuated between the range-bound […]
