Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bullish The index is in an uptrend. The upward move is making a series of higher highs and higher lows. A bearish candlestick has been resisted after testing 11340 resistance. The market fell from the recent high to […]
EURUSD Price Analysis – May 11 EURUSD confronts the risk of attempting to push higher in the fresh week of reversal and trading around the 1.0800 thresholds this Monday, restricted to a small range of 40 pips since the day commenced. Whereas, the optimism of investors simply looks for near-term guidance towards the disruptions from […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Ranging The EUR/GBP pair is on an ascending Channel. Since the pair fell to level 0.86816, the market has been fluctuating between the levels of 0.87000 and $0.88000. The market has been range-bound between those levels in the last […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US Wall Street 30 index is making a steady upward move. The price is making a series of higher highs and higher lows. Each higher high or higher low is greater than the previous one. […]
GBPUSD Price Analysis – May 10 Pound Sterling’s growth from low level 1.2266 on Thursday, May 7th may have amassed intensity with the GBPUSD stepping past level 1.2400. iThe pair tends to recover lost territory from the previous session into this week, with a reported intra-day high at 1.2467 regions backed by risk-on market sentiment and […]
GBPJPY Price Analysis – May 10 GBPJPY is making a rebound to push it back into the 135.76-132.58 range after falling to a 130.66 level of five weeks ago. Buyers, nonetheless, confront crucial solid barriers close to the region of 133.00, with the main moving averages only nearby. A collapse here may see the quote proceeding […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bullish Since the last bearish impulse at the low of 5000, price has been making a series of higher highs and higher lows. Today, the share is making a series of higher highs and it may surpass the previous high […]
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 faces rejection as bulls were resisted at the $10,000 resistance. The bulls tested the $10,000 resistance twice before being repelled. A bearish double top was formed as the market retraced. The price retraced below the breakout […]
