Key resistance zone: 1826 Key support zone: 1818 Mid term trend in Gold is bearish Gold keeps holding a key support level inside of a mid-term bearish structure which gives us opportunities to go short in this metal. Daily Chart Reading The short side in Gold should be in play whilst the daily highs and […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAU200AUD is trading below level 6800. The index has been consolidating above level 6800 since January 20. Australia 200 has been trading marginally. The market has been characterized by indecisive small body candlesticks. Buyers and sellers have reached a […]
The GU failed to break lower after an attempt last week. We took that short for 100 pips but right after the Monetary Policy Report by the BoE price surge and now is retesting back the 1.3750 level. This level is super important because price has traded below it since it broke with it for […]
Key HighlightsLINK has broken above the $24 and $26 resistance levelsThe coin may face rejection at $26 Chainlink (LINK) Current StatisticsThe current price: $26.51Market Capitalization: $26,712,093,316Trading Volume: $3,933,708,723Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis February 5, 2021Chainlink has continued its upward move on the upside. The bulls […]
The silver rally is accelerating after the gap and so far reaches $30. A strong break of resistance at 27.91 confirms the resumption of short-term gains from 21.88. The next target is a 100% forecast of $21.88 to $27.91 from $24.12 at $30.50, close to the high of $30.15. Spot Silver (XAG/USD) continued its recent […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi is intact as the pair rebounds above level 0.7100. Since January 27, the price has been falling after rejection from level 0.7250. The downtrend is likely to end if level 0.7150 support holds. The long candlestick tail indicates […]
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 is now in an upward move. Since January 8, the pair has not been able to break the resistance at 81.00. The Yen has been trading below the resistance level. With each attempt at the resistance, the price would […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFrance’s 40 index is in a downward move. FR40EUR has fallen since January 11. Today, the market has fallen from level 5689 to level 5411.50. A further downward movement is expected. Daily Chart Indicators Reading:The index is currently at […]
ADA Price Analysis – January 19 In case the bulls increase their momentum and push the price above the resistance level of $0.38, then, $0.42 and $0.50 may be tested. If the price is rejected at the $0.38 level, price consolidation may commence. The support level can be found at $0.34, $0.27, and $0.24 levels. […]
