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 a sideways trend below the resistance at $67. Today, WTI crude oil is rising from the low of $62. On May 18, the USOIL price retested the $67 resistance zone and it fell to $62 support. This has been […]
“…Trading looks like work. It requires a certain level of persistence just to even dip their toe in the water and some shiver and run away before they give themselves a chance to ‘get it’. This is exactly why the wealth of the population is pyramid shaped, with only a few people rising to the […]
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 has resumed an upward move after breaking the resistance at $152.00. In the previous price action, the currency pair has been in a sideways trend since March 11. Today, the uptrend has reached level 154.80. The uptrend is retesting […]
BNBUSD Price Analysis – May 21 An increase in the sellers’ momentum will push down the Binance Coin to break the support level of $364 which may decrease further to $311 and $254 levels. Inability to break down the support level of $364 by the bears, BNBUSD will break up the $420 and bullish trend […]
EURJPY Price Analysis – May 21 Following Wednesday’s record highs in the 133.50 regions, EURJPY continues to fall. Meanwhile, the risk complex is in a generally better mood, with investors expecting revived demand for the Japanese Safe-haven and falling US yields. A combination of factors, such as ECB fiscal policy, could reduce the upside potential […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishToday, DOT price is falling after rejection from the $32 high. In the previous price action, Polkadot plunged to $16 low and pulled back as bulls bought the dips. However, the uptrend was short-lived as DOT price faced resistance at $32.50. […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold has continued its upward move. The gold price has broken above the resistance at $1,800 to reach the high of $1,876.On May 18 uptrend; the retraced candle body tested the 61.8% Fibonacci retracement level. The retracement has indicated that […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishSince May 3, the USD/JPY upward move has been stalled at level 109.80 high. The bulls have not been able to break above the recent high. Consequently, the Yen has fallen twice to level 108.50. Today, the pair is retracing […]
Uniswap Price Analysis – May 20 Further increase in the bears’ pressure to break down the support level of $21 may lead to price decrease to the support level at $15 and $12 levels. In case the bulls defend the support level of $21, Uniswap price may increase to $26, $30 and $37 price levels. […]
