S&P 500 Price Analysis – April 28 The S&P 500 is up on the optimism that coronavirus lockdown will soon end, as the Economy at least partially re-open. Consequently, at the time of writing, we see the S&P 500 rise by 1.50 percent from a low of 2858.2 to a high of 2915.0 levels. Key […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish On April 23, Ripple rebounded at the low of $0.186 but was resisted at $0.20. The market pulled back above $0.195 support. The bulls have succeeded in breaking the initial resistance at $0.195 but have failed to push above […]
Key Resistance Zones: 12800, 13200, 13600 Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: Bullish Germany 30 is currently in an upward move but it is currently facing resistance at level 10800. Since April 13, the bulls have failed to penetrate level 10800. Rather, the market is trading below the resistance. On […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bearish The EUR/GBP pair is in a downward move in March and the selling pressure extended to April. The market fell to a low of 0.86962 and made an upward move. The bulls’ upward move was short-lived as they […]
EURUSD Price Analysis – April 27 The single currency extends the bullish momentum into Monday’s session and boosts EURUSD to the 2-day high region about 1.0860 unyielding level in an attempt to stabilize the recovery to 1.0900 level. The leading countries in Europe also have confirmed substantial changes in COVID-19 figures. Key Levels Resistance Levels: […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum reaches a high of $200 but faces rejection. Currently, the market is fluctuating above $190 support. Before now, the coin has fallen to $170 low after being resisted at $190. Nonetheless, the bulls broke the resistance at $190 […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US30USD index is still battling the resistance at 24000. The resistance was partially broken on April 17 but sellers emerge to push price downward. Since April 9, the bulls have been making concerted efforts to […]
GBPUSD Price Analysis – April 26 For the 3rd day in a row, the GBPUSD pair posted a modest advance, but stayed within recognizable levels and ended the week in the red. During the last European session, the pound came underneath downward pressure as gloomy outlook weighs on GBPUSD beneath 1.2400 marks. Key Levels Resistance […]
GBPJPY Price Analysis – April 26 During the previous week, the GBPJPY pair rebounded to 133.67 level but slid back, indicating it wasn’t prepared for a bounce while at the same time rebounding from roughly 132.00 level. GBPJPY is trading in a range-bound as risks pitched tent with the bears at level 132.58 ahead of […]
