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EUR/GBP Is Trapped Between Levels 1.0720 and 1.0800

Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair has been trapped between levels 1.0720 and 1.0800 since July 15. The price has partially broken the key levels but has reverted to the range-bound zone. The pair is currently falling to the support level. Daily Chart […]

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USD/CAD Is in an Oversold Region, May Reach Level 1.2600

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is in a downward move. The pair tested level 1.3600 and continue the downward move. A green candle body tested 0.382 Fibonacci retracement level. The market is likely to reach a low of 2.618 Fibonacci retracements. The price […]

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Ethereum (ETH) Sustains Upward Rallies, Battles Resistance at $400

Key HighlightsEthereum will revisit the high of $420Ethereum risks downtrend if the $360 support fails to hold Ethereum (ETH) Current StatisticsThe current price: $392.06 Market Capitalization: $43,930,299,998Trading Volume: $12,648,305,114Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 5, 2020For the past four days, Ethereum has been consolidating above $360 […]

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Cardano Price Awaiting a Fresh Breakout

 ADA Price Analysis – August 05  Should the buyers gain more momentum and the daily candle closes above $0.15 level, ADA/USD may increase to $0.17 – $0.19. In case the sellers defend the $0.15 level, the bear pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $0.15, $0.17, $0.19 Support levels: $0.13, […]

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Introduction to Space Economy and Investing in Space Stocks

Five decades after the Apollo moon landing, the possibility of space generating revenues is dawning. For a long time, the space industry has been a government affair, especially one with great geopolitical ramifications. Nevertheless, the ground is shifting as commercial viability continues to be realized. Even as progress begins to emerge, investors still need to […]

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Italy 40 (ITA40) Is in a Sideways Trend, Faces Rejection at Level 21000

Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingThe index is in a sideways move below level 21000. The price retested level 21000 and resumed a downward move to level 19000. At the low of level 19000, the price is now in a sideways move. Since June […]

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