XAGUSD Price Analysis – August 23 After plunging to lows of $22.87 at the beginning of the prior week, XAGUSD pulled off stunning comebacks to close at $24.02. In a risk-off environment, the US dollar has softened, pushing silver to an extended region. Coupled with significant macroeconomic data releases from the US, the latest COVID […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in an upward move. The index has reached a high of $68.25. The index price has broken the 21-day SMA and it is approaching the 50-day SMA. A break above the moving averages will propel the index to reach the […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BullishToday, Polkadot’s (DOT) price has regained bullish momentum as the crypto reach the high of $25.95. In the previous price action, Polkadot declined to the low of $23.47. For the past week, the altcoin has been in a downward move. Nevertheless, […]
GBPJPY Price Analysis – August 27 GBPJPY is set to keep its downtrend movement following a sharp pullback. However, this is because the market’s sellers are exerting additional pressure on the market. As the price continues to fall in a downward trend, there are significant pullbacks as key levels are retested. This demonstrates that after […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold price is in a fresh uptrend. On August 23, the market reached the high of $1,820 but was repelled. Gold price retraced to $1,782 to resume upward. On the upside, if buyers breach the $1,820 resistance, the market will […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDOGE/USD is in a downward move after two previous rejections. The first rejection is when the altcoin rallied to $0.35 high and the market declined to $0.27 low. The bulls bought the dips to push altcoin upward. DOGE price corrected up to […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 26 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is set to continue its downtrend movement following the change in market […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) is in an upward move. The uptrend was stalled at level 7220. Since May, the overhead resistance at level 7200 has not been broken. Today, buyers are pushing to retest the same overhead resistance level. A break above […]
Uniswap Price Analysis – August 26 The support level of $25 may be penetrated downside if the bears gain more pressure and the price will decline to $22 and $14 price level. When the bulls increase their momentum, $30 resistance level will be broken upside and the resistance level of $34 and $37 may be […]
