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USD/CAD Is in a Sideways Move, May Resume Downtrend

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD is presently rising on the upside. Since May 10, the pair has been fluctuating between levels 1.2050 and 1.2200. Today the upward move is facing resistance at the 21-day SMA. On the upside, if price breaks above the moving […]

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Ethereum (ETH) Price Analysis: Ether Recovers, Battles Resistance at $3,000

Key HighlightsEthereum breaks above the moving averagesThe biggest altcoin approaches the high of $3,000 Ethereum ETH) Current StatisticsThe current price: $2,821.03Market Capitalization: $331,092,790,021Trading Volume: $48,413,395,855Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis May 26, 2021 On May 23, Ethereum plunged to $1,755 low as bulls bought the dips. […]

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US Wall Street 30 (US30USD) Is in a Sideways Move, Struggles below Level 34500 Resistance

Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is making an upward move to retest or break the resistance at level 35000. Presently, the upward move is facing resistance at level 34500 for the second time. Meanwhile, on May 10 uptrend, a retraced candle […]

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EUR/CHF Retests Level 1.0200 Resistance Zone, ResumesDownward

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF is falling after the rejection at level 1.1100. The selling pressure will continue as the pair faces another rejection at level 1.0200. Meanwhile, on May 11 downtrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement […]

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Litecoin (LTC) Reaches Bearish Exhaustion, Fluctuates above $150 Support

Key HighlightsLitecoin falls to $118 lowBuyers are likely to emerge Litcoin ( LTC) Current StatisticsThe current price: $175.12Market Capitalization: $14,527,707,154Trading Volume: $5,523,308,458Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 25, 2021Today, Litecoin drops to $118 low and resumes upward but the uptrend is facing resistance at the […]

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