Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin (BTC) has continued to consolidate after two unsuccessful attempts at the $10,400 resistance. The coin is fluctuating between $9,400 and $10,250. After the last breakdown, BTC reached a low of $9,400 and pulled back. The bulls […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging In 2020, FTSE 100 (UKX) shares are beginning to appreciate in value when compared with the previous year. In January, the shares rose to the high of 7,700; whereas in February, the price is fluctuating between the low […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Since on February 15, Ripple reached a high of $0.34. Analysts think that a break above $0.34 will compel the coin to reach a high of $0.40. The bottom line is that XRP has been overbought at $0.34 since […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin has failed to break above $10,400 overhead resistance. The bulls made two unsuccessful attempts at the resistance. In the recent one, the bears took the price to a low of $9,290 and then pulled back above […]
EURJPY Price Analysis – February 21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
XAUUSD Price Analysis – February 21 Gold resumed its advance at the beginning of the European session on Friday and jumped to new seven-year peaks, reaching $ 1,636 level. The spread of coronavirus is also of concern, as it has strongly affected investor sentiment and triggered a new wave of trade to avoid risk. Key […]
Key Resistance Zones: $60, $70, $80 Key Support Zones: $40, $30, $20 XMR/USD Long-term Trend: Bullish On February 15, the bulls reached a high of $96. The upward move was hindered because the coin has reached the overbought region of the market. XMR could not rise in the overbought region because of the unavailability of […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish Recently, Bitcoin Cash achieved 90% gains from the bear market after it reached a high of $495. Unfortunately, the bulls were resisted as the coin was in the overbought region of the market. In the overbought region, buyers […]
AUDUSD Price Analysis – February 20 The AUDUSD pair added to its intraday decline and fell to new multi-year lows, around 0.6620 regions during the late European session on Thursday, while the price stayed systematic, but the rate of the FX pair’s decline accelerated. Key Levels Resistance Levels: 0.7085, 0.6850, 0.6750 Support Levels: 0.6620,0.6540, 0.6479 […]
