EURJPY Price Analysis – November 22 The European common currency traded between the range on the level at 120.40 / 120.03 handle versus the Japanese yen during yesterday’s trading session. However, an increased momentum may likely impact the FX pair in the next session. In this scenario, the exchange rate may display a level of […]
In the last few weeks, the trade talks between the US and China had been major headlines of the news report. The trade talks between the two giant economies have been mystique with a lot of speculations. Investors have held hopes in previous times about it being resolved quickly when both countries came out to […]
Key Resistance levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Expectedly, XRP has traded to the bottom of the chart. In the previous analysis, we have indicated that the price will reach a low of $0.24. At that support, the bearish pressure may continue to the low of $0.22. […]
It appeared that Bitcoin is not done yet with selling now as the bears continue to knock down by the market, although support is holding at the $7500 since yesterday’s steep decline. Bitcoin may cause a lot of pain and panic in the market if the price slips below $7500. However, there’s a hope for […]
The Store of Value thesis purports that an item that is presently valuable will continue to be valuable in the future. SoV represents the ability of an item that isn’t a commodity of currency to sustain and even increase in value over a given period. Is Bitcoin a good SoV? Listed below are a few […]
The latest surge has caused a lot of bearish pressure in the market, making Bitcoin’s price to plummet straight to $7500. As a result of this, Bitcoin saw a cut of about $680 its daily opening price, now trading at around $7660. We can expect the scenario to get uglier as $7300 is on sight. […]
AUDUSD Price Analysis – November 21 Over the past 24 hours, the Australian dollar has depreciated by approximately 44 basis points versus the US dollar. The currency pair crossed the lower horizontal zone on the level at 0.6810 during yesterday’s trading session. Key Levels Resistance Levels: 0.7205, 0.7085, 0.6929 Support Levels: 0.6769, 0.6710, 0.6670 AUDUSD […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bearish Bitcoin SV was in a bearish trend until the market fell to a low of $80. The price consolidated above the support at $80 for a month before the price corrected upward. The upward movement was interrupted as the bulls […]
There have been so many speculations about the ongoing trade talks between the United States and China. The worries heightened when the US passed a bill to support human rights in Hong Kong while also passing a second bill to stop the export of certain ammunitions to the Hong Kong police. This move didn’t go […]
