NZDUSD Annual Forecast – Price Still Equipped to Enter Bearish Trend The annual forecast for NZDUSD shows that the price is still well equipped to enter a bearish trend in the year 2022. Price movement has long been characterized by ups and downs patterns in the market structure. We saw bulls fastening up and the […]
EURUSD Annual Forecast – The Market Is Expected to Rebound to 1.1650 The annual forecast for EURUSD is towards the 1.1650 resistance zone. The year 2020 was bullish on the EURUSD market. The euro currency gained strength against the dollar. The contrary was the case in the year 2021. The previous year was bearish for […]
Annual Forecast for Monero – Guide, Tips & Insights | Learn 2 Trade Coin (2022) In case the support level of $179 holds, bulls may take over the market and the price will increase towards the resistance levels of $220, $249 and $281. When the bears break down the support level of $179, there may […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downward correction but targets level $30.41. The cryptocurrency makes a brief uptrend but gets stuck below the $28 resistance zone. For the past 48 hours, the bulls have been struggling to break above the $27 […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold (XAUUSD) is in a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]
EURJPY Annual Forecast – Price Is Set to Scale New Heights With a Bullish Flag Formation The annual forecast for EURJPY is for it to scale new heights, having conformed to a bullish flag formation. The bullish flag formation, an offshoot of the triangle pattern, began towards the tail end of 2020 as bulls began […]
GBPJPY Annual Forecast – Bulls Have the Bias in a Ranging Market The annual forecast for GBPJPY points to a bias in the bulls’ favor. The market has been in a ranging pattern as bulls and bears tussle for preeminence. Despite the bears’ being more aggressive, bulls are favored to gain preeminence. This is chiefly […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: Ranging Dogecoin’s (DOGE) price has been in a sideways trend as it shows price stability. During its initial launching, Dogecoin rose to the high of $0.002322 in January 2014. The cryptocurrency slumped to $0.00010 and commenced resumption of upside momentum. Also, in […]
