Fundamentally speaking we are very bearish on the USD and have been since March-April 2020 when the Coronavirus pandemic pushed global Central Banks to increase their asset purchasing program and their balance sheet to new all time highs. This massive round of Quantitative Easing has weighted heavy on the US Dollar which has devaluated by […]
Key HighlightsIn the last 24 hours, Ether faced another rejection at $480The biggest altcoin in a tight consolidation between $454 and $463 Ethereum (ETH) Current StatisticsThe current price: $456.27Market Capitalization: $51,757,559,091Trading Volume: $10,487,601,167Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 15, 2020Yesterday, Ethereum bulls retested the $480 […]
BNBUSD Price Analysis – November 13 When the daily candle closes above the $29 resistance level, the price may increase to $31, penetrate it, and expose the price to the $33 resistance level. If it breaks down the support level of $26, then $24 and $22 support level may be tested. The relative strength index […]
EURJPY Price Analysis – November 13 The common European currency has declined by 0.54% versus the Japanese Yen from the prior session to sub 124.00 level while exiting the week in a bearish zone. The currency pair breached the moving average of 5 to trade lower. The upside potential against the JPY could be limited […]
USDCHF Price Analysis – November 13 The USDCHF pair is currently trading down at 0.9131, representing a downside shift from gain to 0.9191 level during the week. The pair has pretty much erased from its weekly high. The COVID-19 vaccine news represents a challenge for the Swiss franc strength. Key LevelsResistance Levels: 0.9362, 0.9296, 0.9181Support […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has fallen to the low at 1.0672 and it rebounded. The rally continued to the high of level 1.08100. The pair is facing resistance at the recent high as the price retraced to level 1.0795. The uptrend is […]
Witches, vampires, and ghouls. These Halloween beasties have nothing on every Bitcoiner’s worst nightmare: losing one’s digital gold in a fluke accident or misstep. We can practically hear you screaming at your screen right now. In honour of Halloween season, we’re exploring four spine-tingling tales of brutal Bitcoin losses. We also throw in a little […]
EURUSD Price Analysis – November 2 The selling bias around the EURUSD increased for another session on Monday and drags the pair to fresh 2-month lows in the 1.1625/20 region. Increasing cautiousness ahead of the US presidential elections due on Tuesday gives extra attention to the pair. The decline is driven by strong risk aversion […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BearishThe index is now in a downtrend. The bears have broken the range-bound movement. It is making a downward move after facing rejection at the upper price range. The price is likely to continue falling to level 11669.30. Daily […]
