Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Sell US30USD index was earlier trading below the resistance at 24000 since April 7. The bulls broke the resistance on April 27 as price reached level 25000. Buyers were resisted at level 25000 as the market […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bearish FTSE100 was in an upward move as the share reached level 6129.60. Since April 30, the share has been on a downward move. Presently, the price fell and found support above 21-day SMA. The market will resume an upward […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish The bulls have made a second appearance above the $9,000 resistance. Presently, buyers are still struggling to take possessions of price above the resistance. An upward move is likely but there is resistance at $9,200. BTC will […]
Key Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bullish The bulls have broken level 20000 resistance but the selling pressure made the index fall below the resistance. The index fell to the support of the 50-day SMA. Japan 225 index will resume an upward move if […]
EURJPY Price Analysis – May 1 EURJPY continues the rebound off prior lows closer to 115.54 level to the current region past 117.00 level, in which some sellers might be present. Searching at the wider context, downside momentum in the 119.00 regions is predicted to lose some traction on an exceed of April highs. Key […]
EURUSD Price Analysis – May 1 The Euro holds upbeat tone and consolidates to 1.0984 level in early Friday’s session towards the key level at 1.0990 under the fresh two-week top. For the third straight session this week so far, EURUSD is making headway, gaining momentum due to an increased dollar loss as a result of month-end trades. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On April 30, BTC reached a high of $9,500 but began to retrace after the coin was overbought. Price retraced to $8,500 and continued fluctuation between $8,500 and $9,500. On April 29, the bulls were attempting to […]
Libra 2.0: Better than a pivot, claims a member of the Libra Association Going ahead for a year after the first publication of the Libra Whitepaper, this month the Facebook digital currency project made big revisions to introduce forward Libra 2.0 in the goal of pacifying regulators and pushing the project going. Libra started as […]
AUDUSD Price Analysis – April 30 The AUDUSD pair tumbled beneath the main 0.6500 psychological level to new daily lows, however, it quickly regained a few pips later. This combined with a lighter tone across the equity markets largely fuelled the relative safe-haven status of the greenback against the supposed potentially risky currency – the Australian dollar – […]
