Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD pair is in a downtrend. Presently it is rising in an upward move. The upward move is facing resistance at the 50-day SMA. The downtrend will resume if the pair faces resistance at the 50-day SMA. Since March 29, […]
Key HighlightsEthereum fluctuates between $2,001 and $2,142 price levelsThe biggest altcoin has a target price of $2238.03 Ethereum ETH) Current StatisticsThe current price: $2,085.25Market Capitalization: $28,557,558,824Trading Volume: 115,367,292 ETHMajor supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 7, 2021 Following the attainment of its peak price, the biggest […]
Key Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is still in an uptrend. Nevertheless, the index has reached the overbought region of the market. In the recent uptrend of March 18, a retraced candle body tested the 78.6% Fibonacci retracement level. This retracement indicates […]
USDCHF Price Analysis – April 6 The USDCHF pair eases from the prior day’s high of 0.9438 while taking downside pressure to fresh lows, the selloff halts beyond the mid 0.9300 level during Tuesday’s European session. Renewed USD strength and mixed reports about US stimulus give investors a pause after sending US stocks to record […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a sideways move. After the rejection at level 1.1150, the market fell to level 1.1000 since March 16. Today, the pair is still fluctuating between levels 1.1000 and 1.1100. Yesterday, the pair tested the resistance at 1.1100 […]
ADA Price Analysis – April 06 Should the bulls are able to break up the price above $1.23 level, the resistance at $1.46 and $1.68 will be the target. Failure to break up the $1.23 level by the bulls may lead to the breakdown of $1.11 support level and the Cardano price may reduce to […]
Key HighlightsLitecoin rallies to $228 high and pulled backThe altcoin finds support above the previous low at $216 Litecoin (LTC) Current StatisticsThe current price: $222.90Market Capitalization: $18,773,442,271Trading Volume: $5,252,957,139Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis April 6, 2021Litecoin has continued to make positive moves on the upside. […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishThe British Pound downtrend has been terminated on March 24 as bulls bought the dips. The pair has been in an upward movement since March 25. The pair’s price has broken above the SMAs.On March 5, a retraced candle body […]
EURUSD Price Analysis – April 5 Early in the European session, the EURUSD pair surrenders its uptick beneath the mid 1.1700 level. The pair extended its decline in attempting to plunge the 1.1700 floors. Investors focused on quicker economic growth after the US employment report released Friday overtook forecasts, keeping the market upbeat. Key LevelsResistance […]
