Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index has continued the upward move. On April 12 the bulls broke the resistance level which has been holding since February 15. The index price pulled back to retest the resistance, now support before continuing upward move. Buyers […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has been in a downward movement since February 25. It was rejected at level 0.7450 and it fell to level 0.7100. The Kiwi corrected upward but faced another rejection at level 0.7250. This time, NZD/USD slumped to 0.6950 […]
Key HighlightsEthereum rallies to a high of $2,544Ethereum retraces but may find support above $2,200 Ethereum ETH) Current StatisticsThe current price: $2,309.57Market Capitalization: $267,818,777,415Trading Volume: $33,860,619,735Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 18, 2021 Ethereum bulls pushed the biggest altcoin to a high of $2,544 but […]
“Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb A Step Between Penury and SolvencyAlan (names in this text have been changed) has reached the end of […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: RangingUSOIL is in a sideways move. For the past three days, the crude oil has been in an upward movement. The upward move is facing resistance at the recent high. WTI price is above the moving averages which suggests a possible rise […]
EURJPY Price Analysis – April 16 Since the day’s start, the EURJPY has been in a rangebound action above the 129.97 level, despite alternating risk aversion patterns and declining yields in the US bond market. The currency pair tested the 130.54 high during Friday’s trading session. Key LevelsResistance Levels: 131.98, 131.00, 130.66Support Levels: 129.56, 128.29, […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishGBP/JPY is in a downward move after its rejection at level 153.00. The pair has fallen and broken below the 21-day SMA and it is approaching the 50-day SMA. The selling pressure will resume if price breaks and closes below […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingFor the past week, DOT price has been in a sideways move after its rejection at the $46 high. Today, the Polkadot is in a downward correction as price fluctuates between levels $38 and $44. In the previous week, buyers pushed […]
BNBUSD Price Analysis – April 16 In case the sellers were able to push the Binance Coin below the support level of $503 and the daily candlestick close below it, then, the price may decrease further to test the $420 and $364 support level. Inability to break down the support level of $503, the bullish […]
