Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY advance has ended as it hits a level 158.00 since June 27. The bulls retested the resistance level on July 21 but were repulsed. The currency pair has completed a retracement between the moving average lines. As […]
Hedging is a powerful trading technique that can help mitigate risks and protect investments in volatile markets. It involves taking offsetting positions in different assets to minimize potential losses. The primary goal of hedging is to reduce the impact of adverse price movements and provide a level of security for traders and investors. Examples of […]
Buyers’ pressure increase in USDCHF market USDCHF Price Analysis – 21 July USDCHF may advance past the $0.86 resistance level and toward the $0.87 and $0.88 resistance levels if buyers s’ momentum is successful in holding the $0.85 support level. The $0.85 barrier level might be broken if sellers exert enough pressure, continuing the move […]
Technical indicatorsMajor Resistance Levels – $0.12 and $0.14Major Support Levels – $0.06 and $0.04 Dogecoin (DOGE) Price Long-term Prediction: BullishDogecoin (DOGE) price is trading above the moving average lines as it attempts its bullish trajectory. Since July 23, the resistance at $0.074 has been restraining the upward movement of prices. The altcoin will constantly swing […]
GBPUSD Analysis – Price Could Fall Back to the 1.30120 Market Zone GBPUSD kicks off with a momentum drop this week following its prolonged bullish purge. The price has been on a bullish streak since the start of June, with buyers pushing the market higher and higher. The buyers’ momentum has been strong, breaking through […]
Market Analysis – July 18 AUDJPY has established a new selling trend, as evidenced by five consecutive days of down-close candles. This bearish swing emerged following the test of the resistance level at 97.570 in June, indicating a significant turning point for the market. The Relative Strength Index (RSI) further confirmed the overbought condition present […]
Bitcoin ETFs Can Enhance the Reputation of Cryptocurrencies co-founder, and CTO of Brighty App. Citing Blackrock CEO Larry Fink’s influence, Denisenko expressed optimism about Bitcoin ETF approval by the SEC. He believes that major players’ endorsement of Bitcoin ETFs could bring credibility and attract more investors to the crypto market. Denisenko also discussed the benefits […]
With new trading platforms and exchanges appearing daily, the cryptocurrency industry is fast growing and evolving. Coincall, a brand-new options and derivatives exchange, has been making waves for its cutting-edge and user-friendly platform. It is one such platform that has lately made a significant splash in the cryptocurrency market. Coincall wants to make options trading […]
Market Analysis – July 16 US Oil experiences losses after taking a fresh breath. In recent times, there has been a drop in the US oil market. The buyers, who were actively involved in the market, attempted to challenge the key zone of 75.850 and managed to breach it. However, their breakout has been impeded […]
