Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in an upward move as it faces rejection at $78. The index price breaks above the 21-day line SMA but faces rejection at the 50-day line SMA. As the index faces rejection at the recent high, WTI will fall and […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is still in a downtrend but may resume uptrend. The price is above the 21-day line SMA but below the 50-day line SMA. If the 21-day line support holds, the DOT price will resume fluctuation between the moving […]
“Anyone who has been involved in the markets has been humbled and respects the fact that this is not an easy game no matter how successful we have already been or how much experience we have.” – Charles E. Kirk About four years ago, Mr. Geoffrey (not his real name) came to me and said […]
AUDUSD Price Analysis – December 30 AUDUSD is recovering off a major support level at 0.69980. The price is now recovering from bearish bouts that were sustained as the market plummeted from a high-level resistance at 0.75480. Rejection at that level ensures a 7.30% price drop to the 0.69980 significant level on the 3rd of […]
BNBUSD Price Analysis – December 31 The price may decrease further to $430 and $364 support levels provided the support level at $503 does not hold. In case the just mentioned level holds, BNB price may increase towards the resistance levels at $540, $599, and $678 BNB/USD Market Key levels: Supply levels: $540, $599, $678 […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold’s (XAUUSD) price is above the moving averages as it faces rejection at an overbought region. Presently, the market has broken above the moving averages indicating further upward movement of prices. In retrospect, the previous downtrend has been terminated […]
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Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price has broken below the 21-day line moving average as it reaches bearish exhaustion. The implication is that sellers will attempt to sink the altcoin further to the downside. DOGE price has fallen to the low of $0.17 and buyers […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – December 30 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade pulls back to the supply zone after a massive displacement on the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is rising as it may resume uptrend. UKX price breaks above the moving averages. Today, buyers are attempting to break above level 7400 resistance. Since November 11, the overhead resistance level is yet to be broken. Presently, the […]
