GBPJPY Analysis – July 15 GBPJPY resumes the market trend upward from the 157.800 demand zone. The GBPJPY market was trending upward until February 24, 2021, when bulls drove the price past the previous resistance level. Following this breakout, the market’s prices began to struggle between two major levels. GBPJPY Major Levels Resistance Level: 168.430, […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it faces rejection at $98. The index price is making a series of lower higher and lower lows. Today, WTI is making another lower high, preparatory for a downward move. Meanwhile, on June 22 downtrend; a […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend as it targets the $5.60 low. Buyers have failed to keep the price above the 21-day line SMA, hence the downtrend. Today, the DOT price is retesting the 21-day line SMA as it faces […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold is in a downtrend as it holds above $1,700. XAUUSD has fallen to the historical price level of August 6, 2021. On August 6, 2021, the bulls bought the dips as Gold resumed its uptrend. The current downtrend […]
According to one source, there are more than 19,000 cryptocurrencies in existence and dozens of blockchain platforms that exist. Most of these cyptos will not make money in the long run. A large percentage of them would even become eventual losers. However, there are certain cryptos that will bring fortunes to those who invest in […]
Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s […]
DeFI Coin Market Expectation – July 15 DeFI Coin market expectation is for the coin to snap out of a seeming sideways movement and gather momentum to violate the descending trend line line. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels: Supply Zones: $0.12200, $0.13170, $0.13890Demand Zones: $0.10620, $0.11330, $0.11770 DEFCUSD is now on a […]
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Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price is in a downward correction as it struggles below the $0.064 high. The altcoin fell to the low of $0.06 and pulled back. Dogecoin is making an upward correction as it reaches the high of $0.064. This is an […]
USDCHF Price Analysis – July 15 When the resistance level of $0.98 is broken upside, the resistance levels of $0.99 and $1.00 may be tested. In case $0.98 level holds, bearish momentum may trigger, USDCHF price may bounce off the level, then, 0.97 levels may be reached and it may decline to $0.96 and $0.95 […]
