EUR/JPY Significant LevelsResistance Levels: 0.7400, 0.7600, and 0.7800Support Levels: 0.7100, 0.6900 and 0.6700 EUR/JPY Price Long-term Trend: BearishEUR/JPY is in a downtrend and it may retest level 127.50. The downtrend resumed after the formation of a Doji candlestick. Before the resumption of the downtrend, buyers pushed the currency pair to the previous highs. The Yen […]
EURUSD Price Analysis – December 6 The EURUSD pair continued selling on rallies, taking advantage of the circumstances, and reached a low of 1.1266. The pair has been trading with a selling bias and has just swung back to the south of the daily chart, where it is currently trading 0.21 percent down on the […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD is in a downward move as price breaks below level 34429. The price corrected upward but faces rejection at the 50-day line SMA. The index is consolidating above level 34400 for a possible upward move. If […]
HighlightsSolana retraces to $236 lowSOL/USD rallies to $260 high Solana (SOL) Current StatisticsThe current price: $236.86Market Capitalization: $121,293,789,737Trading Volume: $2,391,079,319Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis November 15, 2021 Solana’s (SOL) price has been trading above the moving averages. The market is retracing to the support above […]
During a quiet period for Canadian data releases, all eyes will be on US inflation estimates this week. As consumer prices continue to be influenced by relatively low year-ago prices, US CPI growth is predicted to remain elevated—up about 6% from October 2020. A small number of components such as used vehicles and energy, both […]
FBS – the popular online trading platform with over 17 million users, has just announced its newly launched crypto account. This account type stands out in the market, not least because it allows you to get started with a minimum deposit of just $1. Plus, the FBS crypto account not only permits leverage trading, but […]
At a time not so long ago, crypto traders were confined to conventional exchanges to buy and sell digital currencies. This meant risking capital with a platform without any form of regulatory standing. Fast forward to 2021 and it is now possible to trade crypto with a fully-regulated platform – with the likes of FBS […]
The dollar is attempting a broad recovery in the early US session, partly due to robust inflation statistics and partly due to month-end traffic. The greenback, on the other hand, has had a mixed week. The strongest currencies this week are the Australian dollar and the Swiss Franc, with the latter boosted by robust buying […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: Bullish Polkadot’s (DOT) price is trading above the moving averages. The altcoin is making positive moves in the bullish trend zone. On October 2, buyers pushed the altcoin to the $33 high. The altcoin was resisted as it fell to the […]
