• Bitcoin drops to $9300 after seeing a -3% discount overnight. • The bullish sentiment may suspend for a while if Bitcoin breaks $9200 support. Following a -3% losses overnight, Bitcoin has now dropped to around $9300 after testing $9555 as weekly high. This price cut pulled Bitcoin beneath the trend line on the […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 stock is gradually falling after testing the resistance at 7,700. The price has fallen to a low of 7,383. Undoubtedly, the price fall will continue to the low of 7,100. It has been observed that the […]
AUDUSD Price Analysis – January 30 AUDUSD currency pair further declines during the American session on Thursday as the bitter market mood is affecting the sensitive Australian dollar. As of this writing, the pair was trading at its lowest level since late September at 0.6712, as it lost 0.6% daily. Key Levels Resistance Levels: 0.7085, […]
USDWTI Price Analysis – January 30 Recent headlines dip out to support recovery in crude oil prices. At the hour of composing, the West Texas Intermediate barrel was trending at $ 52.22 level, erasing 1.45% daily. WTI crude prices plunged mainly due to concerns about the Coronavirus, and the Energy Information Administration (EIA) said that […]
French authorities have arraigned the ex-administrator of recently-shuttered cryptocurrency exchange BTC-e and Russian citizen Alexander Vinnik. According to a report by Bloomberg on the 28th of January, Vinnik’s attorney confirmed that he will stay in France to face the indictment against him following his extradition from Greece. An unidentified official from the prosecutor’s office disclosed […]
• A bearish correction could play out if BTC volume keeps moving against its price. • Bitcoin paused after gaining $1200 in three days, although bullish setup remains valid. Reaching $9400 yesterday, Bitcoin’s price has seen a lot of gains over the past weeks after rising by a total of 40% since December 2019. The […]
GBPJPY Price Analysis – January 29 After trendless trading activity in the prior session, the pair met some new supply on Wednesday and was suffering from a host of negative sentiments. GBPJPY held onto its weakest defeat, beneath 142.00 level and stays well within close distance of the three-week lows set in the prior session. […]
XAUUSD Price Analysis – January 29 Gold Buyers looking for stability and while returning towards $ 1,580 level. On Wednesday, risk appetite failed to provide a guiding path for safe-haven gold as investors take a break from coronavirus epidemic toplines. Key levels Resistance Levels: $ 1625, $ 1595, $ 1580 Support Levels: $ 1567, $ […]
The city of Zermatt, Switzerland, the dwelling place of the renowned Matterhorn, has become the second region in Switzerland to begin accepting tax payment in Bitcoin. The administration of the Swiss city has entered an agreement with prominent Swiss-based cryptocurrency financial services enterprise Bitcoin Suisse for this undertaking to be possible. Reason for the Alliance […]
