Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. The current uptrend reached the high of $67.50 and was resisted. This has been the price action since March 8. Each time USOIL is resisted, the market will fall either to $58 or $60 low. Presently, WTI […]
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. Today, the market has risen to level 156.00 high. It is said that the pair has reached the overbought region. On April 6 uptrend a retraced candle body tested the 38.2% Fibonacci retracement level. […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot is in a downward move. On May 23, DOT price has dropped to the low of $13.73 as bulls bought the dips. The altcoin price corrected upward to $25 but faces another rejection. The coin has declined to the low […]
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BNBUSD Price Analysis – May 28 More pressure from the sellers will push down the Binance Coin to break the support level of $311 which may decrease further to $254 and $196 levels. Inability to break down the support level of $311 by the bears, BNBUSD will break up the $364 and bullish trend may […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishFor the past two months, Gold has consistently remained bullish. Gold has risen from the low of $1,675 to the high of $1,895.52 at the time of writing. XAUUSD was making a series of higher highs and lower highs. The […]
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 rebounded above level 108.80 to retest the resistance at level 109.80. The pair will resume an uptrend once the resistance at level 109.80 is breached. On May 3 uptrend; a retraced candle body tested the 50% […]
AUDUSD Price Analysis – May 27 During the first half of the European session, the AUDUSD pair oscillates amid mild gains and modest losses and was last seen trading in the neutral zone, just below the mid-0.7700s. The recent COVID lockdowns in Australia, as well as a milder risk tone, limited the Aussie’s upward potential. […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishSince May 19, Dogecoin fell to $0.215 low as bulls bought the dips. DOGE price corrected upward and resumed consolidation above $0.33. The coin has reached bearish exhaustion and may reverse but not immediately. Meanwhile, on May 10 downtrend, a retraced candle […]
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