Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingThe index was fluctuating between levels 25000 and 27000 since June 10. The market is likely to face a downward move. The price is currently facing rejection at level 28000. Daily Chart Indicators Reading:The 21-day and the […]
Bitcoin SV Price Analysis – August 11 The breakdown of the support level of $217 will open the way for the sellers to push down the price to $179 and $153 price level. Inability to breakdown the level by the sellers will give room for the buyers to increase the price to $259, $311and $364 […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5750 and 6250 since May. The market is fluctuating in the middle of the price range. The price has retested the resistance and support lines twice but yet to break the key levels. Daily […]
Key Highlights Litecoin next target is to retest the $65 high if the current resistances are breached The coin faces initial resistance at the high of $60 high as it drops to $58 Litecoin (LTC) Current StatisticsThe current price: $58.24Market Capitalization: $3,795,603,315Trading Volume: $2,218,738,506Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin […]
XAGUSD Price Analysis – July 8 Silverspot cracked psychological $18.50 barrier on Wednesday, after taking out high at $18.37 level. The shining metal is trading at $18.72 level as of the time of this post. Demand for safe-haven metals remains strong and is expected to persist as the situation regarding global economic recovery after lockdown […]
Key Resistance Levels: 1.42000, 1.44000, 1.46000Key Support Levels: 1.34000, 1.32000, 1.30000 USD/CAD Price Long-term Trend: BearishThe Loonie has been on a downward move as it reaches the low of 1.35400. The price action is indicating a bullish signal. A correction candlestick tested the 0.618 Fibonacci extension level. This indicates that the market will rise and […]
Key Resistance Levels: 2900, 3000, 3100Key Support Levels: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Price Long-term Trend: BullishThe SHCOMP is currently in a horizontal channel. The index has been rising and approaching the upper price range. Presently, it is approaching the overbought region. In a couple of days to come, the index will […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BearishAustralia 200 is likely to continue the downward move. The uptrend was resisted at level 6200. The index fell to level 5758 and made an upward correction. A correction candle body is tested at 0.50 Fibonacci retracement level. This […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 is an uptrend. Recently, the index reached level 23000 and was resisted. The index made a retracement as it found support above the 21-day SMA. As the 21-support holds, Japan 225 resumes upward movement. The index is […]
