Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishXAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will resume […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot has continued its downward move. Today, the altcoin has dropped to as low as $24.06. On May 29, the coin dropped to $20 low as bulls bought the dips. The crypto’s price corrected to $28 and was resisted. This caused […]
BNBUSD Price Analysis – June 04 In case the support level of $364 holds, the price will continue its uptrend movement towards the resistance level of $503 and $599. On the other hand, more pressure from the sellers may push down the Binance Coin to break the support level of $364 which may decrease further […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishToday, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. The index price bars are above the moving averages which indicate a rise in the index. Presently, the index is facing resistance at level 7100. On May 4 uptrend, retraced candle body tested the […]
Uniswap Price Analysis – June 03 When the bulls’ pressure increase further to break up the resistance level of $30, the price may increase to the resistance level at $37 and $43 levels. In case the bears defend the resistance level of $30, Uniswap price may decrease to $26, $21 and $15 price levels. UNI/USD […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishSince May 19, DOGE’s price fell to $0.215 low and pulled back above $0.30. For the past two weeks, Dogecoin has been consolidating above the $0.30 support. Yesterday, the DOGE price broke above the moving averages and continued the bullish momentum. The […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: RangingUSD/CAD is in a downward move. Since May 10, the downtrend has been terminated as the currency pair resumes a range-bound move. For the past month, the currency pair has been fluctuating between levels 1.2000 and 1.2200. These range-bound levels […]
STELLAR Price Analysis – June 02 When the bulls increase their momentum, the price will break up the resistance level of $0.50, and the price may increase to the high of $0.57, which may extend to $0.67 level. In case the bulls are unable to break up the resistance level of $0.50, bearish movement may […]
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