AUDUSD Price Analysis – November 25 AUDUSD – The Australian dollar is losing ground against the US dollar, down 0.17 percent to 0.7179 intraday low at the time of writing. Despite thin liquidity conditions, European indices are up, owing to the Thanksgiving holiday in the United States. The intraday profit-taking plunge in the US dollar […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price is in a downward move. The cryptocurrency plunged to $0.21 low since November 18. For the past week, the altcoin has been consolidating above the $0.21 support. The $0.21 support was the previous low of October 27. Since October […]
The GBP/JPY pair moves sideways between 154.21 and the153.49 weekly pivot point. In the short term, the Yen has started to appreciate versus its rivals as the Japanese Yen Futures tries to rebound. Also, the JP225, the Nikkei seems vulnerable, a potential drop may signal Yen’s growth. Fundamentally, the Yen received a helping hand from […]
While Bitcoin (BTC) remains constricted within a sideways pattern, whales have only doubled down on supply accumulation. On-chain analytics firm Santiment reported that BTC whale addresses have accumulated over 60,000 BTC over the past week. The firm noted that: “If you’ve been waiting for #Bitcoin whales to show signs of accumulation, our data indicates it’s […]
USDJPY Price Analysis – November 25 USDJPY price outflow is being held back as a consequence of bears causing opposition to the market influence. The price structure of the market strives to maintain an uptrend configuration under a bullish influence. However, the sellers are causing some resistance in the market, which is causing a hold […]
USDCAD Analysis – November 25 USDCAD revives and climbs back above the 1.26500 price level. The market has been making a steady movement upward since it dropped to 1.23000. Price has employed a retest and break strategy to move it clear of multiple key levels. The major opposition to the upside movement of the market […]
Uniswap Price Analysis – November 25 In case the bears’ pressure increases, price may be pushed to break down the support level of $19, the price will be exposed to $14 and $12 levels. The breakout at the resistance level of $22 will increase the price to $24 and $27 levels. UNI/USD Market Key Levels: […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is in an uptrend but faces rejection at the recent high. The index declined to level 7198 and resumed an upward move. Presently, the index is above the 50-day SMA and below the 21-day SMA. The uptrend will […]
The dollar continues to rise today, with the greenback holding firm after better-than-expected unemployment claims statistics. On risk-off mood, the yen is the second strongest currency, with major European indices and US futures in the red. The US economic growth rate in the third quarter was revised up to a tenth of 2.1%. Driven by […]
