Uniswap Price Analysis – August 05 Further increase in the bulls’ momentum will penetrate the resistance level of $26 and this may increase the price to $30 and $37 resistance levels. In case the bears defend the resistance level of $26, Uniswap price may decrease to $21, $14 and $12 price levels. UNI/USD Market Key […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingUKX index is retracing after retesting level 7200 resistance. Buyers have retested the resistance on four occasions but were unable to break above it. UKX will fall as it faces rejection from the recent high. The current uptrend has reached the […]
S&P 500 Price Analysis – August 4 The S&P 500 began the day considerably lower, showing losses at the beginning and failing to keep over the prior week’s high of 4431 levels. The index was down 0.25 percent on the day at 4406 as of this writing. On Wednesday, the Automatic Data Processing (ADP) Research […]
USDCAD Price Analysis – August 4 USDCAD pushes up after employing the cup and handle formation. The market used this formation to effect a reversal in the market direction after a long period of downtrend movement which dates back to last year. Price kept making lower highs and lower lows consistently. This continued till the […]
Key HighlightsEthereum is in a range bound moveEther consolidates above $2,400 Ethereum ETH) Current StatisticsThe current price: $2,583.00Market Capitalization: $302,125,091,039Trading Volume: $302,125,091,039Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 4, 2021 Following the bearish impulse of August 3, Ethereum fell to $2,464.20 low and resumed consolidation above […]
STELLAR Price Analysis – August 04 Should the bulls increase their momentum, the price will penetrate $0.30 level and increase to $0.42, further increase may push the price to $0.50. In case the $0.30 level holds, the price may decrease to the support level at $0.16 and $0.11 if the $0.22 level permits. XLM/USD Market […]
EURCHF Price Analysis – August 3 EURCHF keeps falling after it breached another key support level at 1.08480. This has been the situation since price hit a two-year high at 1.11550 on the 4th of March 2021. The market had had to climb an uptrend line to get to that point. It was initially believed […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: RangingUS Wall Street 30 is in a sideways move below level 35200. Since July 26, the index has been fluctuating below the overhead resistance. The overhead resistance has not been broken since May 10. Meanwhile, on July […]
NZD/USD is trading in the green at 0.7012 at the moment of writing. It has decreased a little today but the bulls are still strong as the DXY is bearish. The pair could register sharp movements during the week as the US is to release high-impact data. Technically, the price action has signaled that the […]
