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NZD/USD Reaches the Overbought Region, Selling Pressure Likely

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD is in a sideways move below level 0.7300 Since April. The currency pair has been fluctuating between levels 0.7150 and 0.7300. Today, the currency has risen and it is breaking above the moving averages. This will propel price to […]

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Bitcoin Cash (BCH) In a Downward Correction, Retraces to $609 Support

Key Highlights BCH retraces to $609The altcoin may resume a fresh uptrend Bitcoin Cash (BCH) Current StatisticsThe current price: $653.13Market Capitalization: $13,709,617,877Trading Volume: $1,540,712,361Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 7, 2021 Since May 23, Bitcoin Cash has been in a downward correction. The […]

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GBP/JPY Falls, Struggles below Level 156.00

Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishGBP/JPY pair is in an uptrend. On Mat 27, the pair reached the high of level 156.00. The currency pair was resisted as the market resumed a downward move. The uptrend will resume if price retraces and finds support above […]

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Ethereum (ETH) Price Analysis: Ether Slumps a It Faces Rejection at $2,800

Key HighlightsEthereum faces rejection from the $2900 resistanceThe biggest altcoin is likely to resume a downward move Ethereum ETH) Current StatisticsThe current price: $2,725.44Market Capitalization : $314,627,231,432Trading Volume: $27,332,190,526Major supply zones: $2,800, $3,000, $3,200Major demand zones: $1,800, $1,600, $1,400 Ethereum (ETH) Price Analysis June 6, 2021 Ethereum is falling after facing rejection at the recent […]

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