USDCAD Analysis – October 12 USDCAD buyers remain dominant as the market rallies upward. The overall trend became bullish after the two-year low was reached at 1.20129. Before that, the market had been gyrating within a descending channel. This descending channel began its course in December 2020. USDCAD Major Zones Demand Zones: 1.3500, 1.3220Supply Zones: […]
Technical indicators: Major Resistance Levels – $10, $12, $14Major Support Levels – $8, $6, $4 DOT/USD Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend as it rebounds above $5.98 support. DOT price has declined to the low of $6.25. Polkadot will resume upward once it declines above the $6.00 support. In other words, the […]
Technical IndicatorResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 has resumed selling pressure as sellers attempt to short. The index has reached the current support above level 6800. The downtrend will resume if price breaks below the current support. On September 28 price slump, UKX made an […]
Buyers’ pressure failed at $0.97 level in EURUSD market EURUSD Price Analysis – October 10 When the bears’ pressure break down the support level of $0.96, price may reduce to support levels of $0.95 and $0.94. In case the buyers push up the price above the resistance level of $0.97, EURUSD may increase to test […]
Buyers are dominating Polygon market Polygon (MATICUSD) Price Analysis – October 10 In case the resistance level of $0.90 is penetrated upside by the pressure of the bulls, the resistance level at $1.01 price level may be reached and may extend to the $1.18 level. An interruption of the bullish movement at $0.90 level may […]
Weak bearish and bullish momentum in Monero market Monero (XMR) Price Analysis: October 09 When the buyer increase their momentum, the resistance level of $152 may be broken upside, which may extend bullish trend to the high of $165 and $185 levels. In case there is an increase in the bears’ pressure, $144 support level […]
Key Resistance Zones: 31500, 32000, 32500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishUS Wall Street 30 has resumed selling pressure as it faces rejection at level 30300. On October 4, the index rallied to the upsides but was resisted at the 21-day line SMA. US30USD will resume a downtrend […]
Key HighlightsLitecoin struggles below $55LTC/USD may further decline Litecoin (LTC) Current StatisticsThe current price: $53.33Market Capitalization: $4,479,424,526Trading Volume: $250,221,962Major supply zones: $200, $220, $240Major demand zones: $80, $60, $40 Litecoin (LTC) Price Analysis October 8, 2022Litecoin’s (LTC) price is stuck below $55 as risks further decline.The altcoin is in a downtrend as buyers battle the […]
Technical indicators: Major Resistance Levels – 1.2800, 1.2900, 1.3000Major Support Levels – 1.1900, 1.1800, 1.1700 GBP/USD Long-Term Analysis: BearishGBP/USD has continued its downward move as sellers attempt to reach level 1.0947. The Pound corrected upward and broke above the 21-day line SMA but failed to break above the 50-day line SMA. Sellers have resumed selling […]
