AUDJPY Annual Forecast – Price Is Set to Pick Up a Downtrend Format The annual forecast for AUDJPY shows that prices are set to pick a downtrend format as the seller’s involvement in the market starts to incite. The sellers are currently set to take control as the bulls in the market failed to establish […]
NZDUSD Annual Forecast – Price Still Equipped to Enter Bearish Trend The annual forecast for NZDUSD shows that the price is still well equipped to enter a bearish trend in the year 2022. Price movement has long been characterized by ups and downs patterns in the market structure. We saw bulls fastening up and the […]
A new report from crypto analytics platform Chainalysis revealed that North Korean hackers (cybercriminals) have stolen Bitcoin and Ethereum worth about $400 million but had millions of these stolen funds unlaundered. Chainalysis reported on January 13 that the funds stolen by these cybercriminals can be traced to attacks on a minimum of seven crypto exchanges. […]
EURUSD Annual Forecast – The Market Is Expected to Rebound to 1.1650 The annual forecast for EURUSD is towards the 1.1650 resistance zone. The year 2020 was bullish on the EURUSD market. The euro currency gained strength against the dollar. The contrary was the case in the year 2021. The previous year was bearish for […]
AUD/USD penetrates an in-day low around 0.7195, down 0.25% on a day, following the release of China’s major economics during early Monday. Adding to the mixed data, risk-off state and strong USD also sinks the market’s value. Factors Affecting the Market China’s last quarter GDP increased above 0.2% before and 1.1% estimates to 1.6% QoQ […]
Ethereum fluctuates below $3,020 and $3,400ETH/USD targets level $3,848 Ethereum ETH) Current StatisticsThe current price: $3,255.15Market Capitalization: $387,988,544,870Trading Volume: $10,598,043,447Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis January 16, 2021 Ethereum’s (ETH) price is in a downward correction as it shows no strength below $3,400.The altcoin fluctuates between […]
Bank of America (BofA) analyst Alkesh Shah recently published a study on cryptocurrency, which raised the argument that Solana (SOL) could usurp more market share from Ethereum as time goes on. In his study, Shah noted that Solana “produces a blockchain optimized for consumer use cases by prioritizing scalability, low transaction fees, and ease of […]
Annual Forecast for Monero Coin (2022) In case the support level of $179 holds, bulls may take over the market and the price will increase towards the resistance levels of $220, $249 and $281. When the bears break down the support level of $179, there may be a decrease towards the support level of $161 […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
