Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,200, 7,100, 7,000 FTSE 100 (UKX) Long-term Trend: Bearish Today, the FTSE 100 stock continues its downward fall after the resistance at 7700. The stock has earlier being resisted on January 20. The recent fall is a continuation of the resistance on January 20. Remember, the bulls […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging After the rejection of price at $9,200, the downward move was extended to a low of $8,250. Analysts were of the opinion that Bitcoin will bounce if price falls and tests the low of $8,250. From every […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,000, 7,100, 7,200 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 stock has been in a sideways trend since March 2019. The stock minimum value has been 7,100 since February 2019. Similarly, the stock has traded and reached a high of 7,700. In July, the bulls made […]
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
S&P 500 Price Analysis – January 26 S & P 500 exited prior session with a decrease of -0.27% to a level of 3,293.6. Regardless of the retreat, the continuous rally stays unabated. US stock indices generally exited at the previous session after the advent of the Chinese coronavirus. The Centers for Disease Control and […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Interestingly, it has been a week, the bulls and bears have been engaged in a price tussle between $8,250 and $9,000. The price has been ranging above $8,300 and $8,400 most of the time. It is presumed […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since January 14, Bitcoin has been in a period of price consolidation. The coin has been fluctuating between $8,250 and $9,000. Today, BTC reaches the low of $8,250 and it is bouncing upward. In the previous week, […]
EURJPY Price Analysis – January 24 The currency pair is losing ground for the second consecutive session on Friday, falling under strong bearish pressure amid negative indicators of the single currency, aggravated after the ECB meeting on Thursday. Key Levels Resistance Levels: 124.31, 123.37, 122.87 Support Levels: 120.67, 119.99, 115.83 EURJPY Long term Trend: Ranging […]
XAUUSD Price Analysis – January 24 A modest recovery of sentiment concerning global risks, as evidenced by the positive shift in trade around the stock markets, affected the status of a safe-haven for precious metals. XAUUSD sank lower at the start of the European session on Friday and is currently near daily lows, around $ […]
