NZDUSD Analysis – Price Seeks More Consolidation Around 0.66970 as Buyers Plan a Charge Up NZDUSD price seeks more consolidation around the 0.66970 significant level as buyers plan to charge the price level to 0.68790 significant levels. The price natural tendency for NZDUSD is to continue in its accumulation phase between the levels of 0.68790 […]
AUDJPY Analysis – Market Sequence Pursues a Bearish Period Below 81.920 AUDJPY market sequence pursues a bearish period as the price continues to drop below the 81.920 price level. The market juncture is currently in a bearish era, so more prices are anticipated to be sold short. The buyers buying long positions are finally holding […]
The GBP/USD pair started the new week with GBP bulls struggling to hold above 1.3550 as we head into the London open on Monday. That said, the current trading sentiment highlights the renewed dollar strength ahead of some key preliminary PMI data releases for January in both the UK and US. Meanwhile, the uncertainty trailing […]
The US Federal Reserve recently released a discussion paper on the advantages and disadvantages of launching a potential US central bank-issued digital currency (CBDC). Reports show that this is the first time the US Fed is consulting the general public on whether the digital dollar could benefit the financial system or not. While many countries […]
As the market battled a devastating crash on Friday, Solana (SOL) recorded yet another network issue, which prompted panic among traders and DeFi users across the crypto space. Over the past few months, the SOL network has witnessed several attacks and issues. The recent hitch makes it the second recorded in January 2022 alone. However, […]
Bitcoin SV Price Analysis – January 24 On the daily chart, in case the bulls break up $113 level, the key resistance level to watch out for is $148 and a further increase may take the price to $185. A bearish breakout at the support level of $73 may push the price to the support […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BearishEUR/JPY pair is trading in the bearish trend zone but consolidates above Level 129.05. The downtrend has been ongoing since May 2021. The currency pair faced rejection at the high of level 134.00. While the downtrend extended to level 127.93. […]
Monero (XMR) Price Analysis: January 23 When the bears defend the support level of $136, there may be an increase towards the resistance level of $161, $179 and $220. However, the relative strength index period 14 is at 30 levels with the signal line displaying bearish direction. Key Levels: Resistance Levels: $161, $179, $220 Support […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downward move but may decline to level 13644 .The index has broken the previous low of 14356. This is an indication that the market will further decline to the downside. The selling pressure will extend […]
