Key Supply Zones: $10,000, $11,000, $12,000 Key Demand Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin had its last bearish impulse at the low of $6,400 on November 24. The price corrected upward but the overwhelming selling pressure brought the price to its low on December 18. The support at $6,400 is […]
GBPUSD Price Analysis – January 5 GBPUSD fell for the second day in a row on fears of a war between the United States and Iran, ending the week near Friday’s low of 1.3051 level. Meanwhile, the foreign currency pair continues to head south below its mid-lines, in line with more upcoming declines. Key Levels […]
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash has shown an impressive upward move in the last 48 hours. As earlier anticipated the $200 support was held as the coin pushed up higher. BCH is now trading at $223 at the time of writing. […]
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Ranging Today, the bulls make a bold move above the $200 resistance level. The previous move was repelled and the coin fell to the low of $195. Is this current move going to hold above $200? If the support […]
EURJPY Price Analysis – January 3 EURJPY is currently trading on the level at 120.56, its lowest level since December 11, and is at risk of falling to the key top of the trend line near the 119.99 level. The breakdown shows that the rally from the September low of 115.83 level ended, and sellers […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin plunges again after being repelled at the $44 resistance level. The bulls failed to break the resistance level after two unsuccessful attempts at $44. The bears have already broken down the support at $42. Litecoin will drop […]
AUDUSD Price Analysis – January 2 The AUDUSD FX pair closed the last trading days of 2019 in a positive zone while arriving at its highest level since late July on the level at 0.7031 on December 31. As traders returned from the New Year holiday, the pair reversed course and fell beneath the level […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 DASH/USD Price Long-term Trend: Bearish DASH is in the last session of its bearish run. The coin fell to the low of $65 and later above the support of $60. The market consolidated above the support of $60 before it was eventually broken. […]
GBPJPY Price Analysis – January 1 GBPJPY takes the bids to 144.36 level amid Tuesday’s Asian-European session. The pair must overcome critical nearby technical horizontal price levels, FX pair is adjusted as part of an uptrend while buyers trail the trendline to justify the recent recovery. Key Levels Resistance Levels: 150.00, 148.66, 147.95 Support Levels: […]
