EURUSD Price Analysis – August 16 On Monday, the current bullish surge in EURUSD appears to have met some stiff opposition around the 1.1800 thresholds. The market is in a scenario where investors’ sentiment appears to favor the dollar so far, with the pair on the back foot and somewhat fades Friday’s big advance. Key […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is in an upward move. The index trades below the 15200 overhead resistances. Today, buyers are facing rejection at the overhead resistance. Buyers have failed to overcome level 15200 since July. Meanwhile; on July 26 uptrend a retraced […]
NZDUSD Price Analysis – August 16 NZDUSD weekly support has stood firm to deny the bears. The market has been primed for a drop, but after several days, the price has been denied the opportunity to go lower. Two major weekly support zones have been responsible for directing the movement of the market – the […]
Key HighlightsEthereum faces rejection at the high of $3,329Ether’s retracement reach bearish exhaustion Ethereum ETH) Current StatisticsThe current price: $3,162.87Market Capitalization:$371,429,944,001Trading Volume: $19,029,634,853Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 15, 2021 On August 13, Ether rallied to the $3,329 high but could not break above the […]
A NON-DIRECTIONAL (MARKET-NEUTRAL) CRYPTO TRADING METHODOLOGY It has been said often and often, that rule-based discretionary traders are the best traders on this planet. For you to be a winning trader, you need to abide by the Golden Rules of trading, which ensure your lasting success in the markets. Trading principles that work are timeless […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL has continued its downward move. WTI has earlier fallen to the low of $66 on two occasions but the price corrected upward. Following the correction to $69, on August 11, the selling pressure resumed in earnest. WTI fell to $66 lows […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BullishPolkadot’s (DOT) price is in an uptrend as it reaches the high of $22. The DOT price is making a series of higher highs and higher lows. For the past three days, the bulls have been struggling to break above the […]
EURJPY Price Analysis – August 13 In the early hours of the American session on Friday, the EURJPY sustains its bounce from an intraday low of 129.36, returning to the prior day trading zone. The pair held steady on the broader EUR advance as Eurostat statistics revealed that the eurozone had a trade surplus of […]
GBPJPY Price Analysis – August 13 The 153.450 barrier rebuffs the bulls’ advances, thereby confining the market to a ranging movement. The past two and half months have overseen strong actions by the bears and then the bulls. The price plunged strongly and then was pumped up with equal intensity. Moreover, for the past three […]
