Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin makes a gradual push to the $10,300 as the price reaches a high of $10,050. The price pulled back on the 5th, 6th and 8th of February and made an upward move. BCH made a bigger […]
EURJPY Price Analysis – February 7 Demand for the safe-haven, Japanese yen is growing after the Chinese government announced that it would halve US import taxes of $ 75 billion. The United States had indicated its willingness to work with China to finally abandon all higher tariffs. The bit-level for sellers is 119.90 level. Key […]
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging In January 2020, the share was in a downward movement from the high of 7,700 to the low of 7,300. In February, the share begins to appreciate. The share appreciated to the high of 7,500 and was resisted. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish In the last 24 hours, the bulls have held on the price above $9,700. The positive upward move was as a result of the rebound on February 4. Previously the coin was range-bound between $9,200 and $9,600. […]
USDWTI Price Analysis – February 7 WTI is expanding its rally after recovering from a 13-month low of $ 49.42 to its second consecutive day on Friday, while buyers are cautious amid widespread risk aversion caused by the growing fear of Chinese coronavirus internationally. The price of a barrel of WTI seems to have cut […]
AUDUSD Price Analysis – February 7 The Australian dollar versus the US dollar continues to lose and attack the support area of 0.6700 level in the European session, as the optimistic data report failed to salvage the bulls on the Australian dollar. The tone of market risk also failed to ignore the challenges facing the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Following a week of range-bound movement between $9,200 and $9,600; the bulls finally broke the resistance at $9,600. Bitcoin is now trading above $9.700 at the time of writing. As the bulls break the upper price range; […]
Key Resistance Levels: $275, $300, $5 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash is still in an uptrend as the coin reaches a high of $450. BCH is retracing from the recent high after resistance. The $450 resistance level was the historical price level of May 2019. The bulls […]
