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USD/JPY: Massive Selloff

USD/JPY: Massive Selloff
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DeFi Coin (DEFC) Consolidates for a Stronger Hold Higher

DeFi Coin (DEFC) Price Analysis – August 2 After last month’s fall paused on the approach to daily cloud base and subsequent positive finish, the DEFC continues to consolidate its position in early August as recovery sustains, buyers are adding additional evidence to cement reversal. On July 31, the team said it will lock in […]

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Ethereum (ETH) Price Analysis: Ether Is in a Smooth Uptrend, Targets $2,868

Key HighlightsEthereum is in a smooth uptrendEther has a target price of $2,869 Ethereum ETH) Current StatisticsThe current price: $2,560.28Market Capitalization:$299,372,790,157Trading Volume: $20,159,580,566Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 1, 2021 Ethereum has been rising consistently on the upside. The upward move has been in a […]

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XAGUSD Attempt at Further Recovery Stays Beneath $26.00

XAGUSD Price Analysis – August 1 Silver has made another attempt to climb higher and has recouped some of its previous losses, but the XAGUSD pair still has a long way to go before the buyers are secure. As buyers observe the gap between central banks and mixed greenback over its peers during times of […]

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USOIL (WTI) May Decline as It Reaches the Overbought Region AtLevel 74.21

Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is correcting upward. It has reached a high of $74.21. Also reached bullish exhaustion. WTI crude oil is expected to fall. Meanwhile, on July 8 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that USOIL […]

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GBP/JPY Resumes Downtrend after Rejection at Level 153.50

Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishToday, the GBP/JPY pair is falling after facing rejection at level 152.00. Since May 10, the market has been declining gradually on the downside. The currency price has broken below moving averages which accelerated the selling pressure. Meanwhile, on June […]

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Polkadot (DOT) Resumes Uptrend, Battles the Resistance at $15.24

Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishToday, Polkadot’s (DOT) is retracing after facing rejection at the $15.60 resistance. The crypto fell to $14.40 low and resumed an upward move. Since July 26, Polkadot has been facing rejection at the $15.24 resistance. On the upside, if buyers breach […]

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