Before making any decision regarding investment, knowingly or unknowingly, you should ask yourself three questions. One is if your money would be safe. Second is if you would get your money back when you need it, and the last one is what return you would earn from it. These questions are about three important part […]
S&P 500 Price Analysis – June 2 S&P 500 looks for direction as the market remains around the 4,200 regions after two days of positive bias. Fears of high inflation in the United States are prompting the Federal Reserve to begin tapering weighed on market mood before now. However, recent prospects for more stimulus seemed […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is in an upward move. The uptrend is facing resistance at level 34500. Since May 28, the upward move has been resisted. The index is now trading below the recent high. Meanwhile, on May 17 uptrend; […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair is falling after the rejection at level 1.1100. The price corrected upward to retest level 1.1100 before signaling the downward move. Meanwhile, on March 16 downtrend, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement […]
Key HighlightsLitecoin is in a downward correctionLitecoin has a target price of $239 Litcoin ( LTC) Current StatisticsThe current price: $184.07Market Capitalization: $15,489,921,660Trading Volume: $3,075,108,252Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis June 1, 2021Following the bearish impulse on May 23, the altcoin fell to $118 low as […]
USDCHF Price Analysis – June 1 Throughout the mid-European session, the USDCHF pair oscillated between mild gains and slight losses, remaining near the crucial psychological level of 0.9000. The safe-haven Swiss franc was weakened by the pervasive risk-on mood, as seen by a continuous advance in global equity markets. Key LevelsResistance Levels: 0.9129, 0.9080, 0.9045Support […]
ADA Price Analysis – June 01 Increase in the bulls’ momentum will increase the price to the resistance level of $1.87, the bullish momentum may extend to the resistance level of $2.08 and $2.30 levels. If the bears break down the support level at $1.64, the price may decrease to $1.46 and $1.31 levels. ADA/USD […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY currency pair has been trading below the resistance at level 85.20. Since February 24, the currency pair has been in a sideways move. All the price movements above the resistance pull back each time the market faces resistance. Today, […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD pair is in an uptrend. The current uptrend has broken the resistance at level 1.4241. The Pound will reach level 1.4400 if the bullish momentum is sustained. Meanwhile, in the uptrend of May 10, a retraced candle body tested […]
