Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 has continued the downward move. The share was resisted at level 6800 as price resumes a downward move. The downward movement will be accelerated if price breaks below level 6600 or the SMAs. The upward move will resume if […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is on a downward move. The downtrend was a result of the rejection at 1.2850 High. The pair fell to level 1.263 and corrected upward. The upward correction also faced another rejection at 1.2750. Nonetheless, the […]
Bitcoin SV Price Analysis – February 17 When the resistance level of $259 holds, the price may change the direction towards the following support levels; $217, $179, and $153. BSV/USD Market Key Levels: Resistance levels: $259, $311, $364 Support levels: $217, $179, $153 BSV/USD Long-term Trend: Bullish The market of BSV/USD opened at $238.63 and […]
S&P 500 Price Analysis – February 17 The S&P 500 started the day sharply lower while pointing losses at the open and struggling to stay beyond the 3900 levels. As of writing, the S&P 500 was down 0.8% on the day at 3,901. Despite upbeat data published by the US Census Bureau on January retail […]
Key Resistance Levels: $0.65, $0.70, $0.85Key Support Levels: $0.30, $0.25,$0.20 XLM/USD Long-term Trend: BullishStellar is in an uptrend as it reached a high of $0.60. The crypto was resisted at the recent high as price retraced and found support above $0.45. The upward move will resume if the current support holds. However, the downtrend will […]
Key HighlightsEthereum is retracing and may find support above $1,700The bulls failed to break above the peak price of $1,874 Ethereum ETH) Current StatisticsThe current price: $1,749.39Market Capitalization: $199,631,257,252Trading Volume: $33,419,610,063Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 17, 2021 Ethereum bulls have failed to attain the […]
Key HighlightsADA reaches a high of $0.982 in an uptrendThe cryptocurrency has a target price of $1.1755 Cardano(ADA) Current StatisticsThe current price: $0.8828Market Capitalization: $39,831,107,862Trading Volume: $7,612,960,474Major supply zones: $0.06, $0.07, $0.08Major demand zones: $0.03, $0.02, $0.01 Cardano (ADA) Price Analysis February 16, 2021The cryptocurrency is trying to make a fresh uptrend after slumping to […]
XAGUSD Price Analysis – February 16 Silver (XAGUSD) price continues to range within the $27.00 to $28.00 region as buyers support the prospect for a move beyond the $28.00 and on the other hand, sellers need to refresh monthly low for entries. Silver is currently trading at $27.05 per ounce, representing a 0.50% loss on […]
EURUSD Price Analysis – February 16 The EURUSD pair continues to trade in multi-day highs and targets the 1.2200 marks during the mid-week. The single currency rises higher and propels the EURUSD in an attempt to run past prior highs. The recently released Eurozone data was upgraded to 0.6% in Q4 while the German ZEW […]
