Sterling finished the week with the best result. But the late sell-off and rejection of resistance to the dollar and yen suggest that the latter two are leaders. The weakness was visible in the euro, the New Zealand dollar, and, to a lesser extent, the Australian dollar. The dollar could be an additional argument in […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFR40EUR index is presently consolidating above level 5600. The index faces rejection at level 5700 and it is falling. The market will fall and find support at level 5300. The price is falling because the RSI has reached the overbought […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is in an uptrend. From the price action, the Kiwi reached a high of level 0.7315 and reversed. The Fibonacci tool analysis has confirmed the reversal. The Fibonacci tool indicated that the market will reverse at level 1.272 […]
Major Supply Zones: $18.00, $20.00, $22.00Major Demand Zones: $8.00, $6.00, $4.00 In 2020, Chainlink has been in an upward move. In January, the crypto has an opening balance of $1.76 and it rose to a high of $4.88 in February. Buyers could not continue with the upward move, as they face resistance in March. After […]
The exceptional volatility of the pound sterling continued as traders became more optimistic about the Brexit trade deal. But upside potential remains limited as nothing gets done until everything is done. Markets are also mixed, as the positive impact of the US fiscal stimulus is offset by concerns over a new strain of coronavirus. Today, […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. A retraced candle body tested the 78.6% Fibonacci retracement level. The index has already risen to level 1.272 Fibonacci extension but yet to reverse,. Daily Chart Indicators Reading:The 21-day SMA and the […]
Falling under the top ten, Tron is boosting high when it comes to crypto, with one of the higher utility rates among existing cryptocurrencies. Now that the new year is approaching, it is crucial to know all you can before investing in Tron. Where it came from and its technical performance. Market and price predictions […]
Cryptocurrencies have changed many areas of the economy. This unfortunately includes the criminal circle. Thieves have a new field of activity – hacking Bitcoin wallets. The amount of stolen Bitcoin is already measured in hundreds of millions of dollars, and large crypto exchanges, miners and ordinary users have become victims of attackers. In order to […]
The EURUSD has rejected the 1.1900-1.1920 zone at least 4 times in the past 2 months giving us the opportunity to sell at the top of the range whilst the DXY is bottoming around the 92.20 mark. We are not forecasting a strong US Dollar in the immediate future, but technically speaking we’re seeing an […]
