Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD has fallen below the moving averages. The implication is that further downsides are possible. Today, US Wall Street 30 has declined to the low of level 33600 as bulls bought the dips. Presently, the index price […]
EURCHF Price Analysis – September 21 EURCHF is reacting to the 1.08700 significant level. Since bouncing off the 1.07400 support level, price has been in a strong bullish move. This can be seen with 8 consecutive bullish candles which lifted the market above the 1.08700 key level. However, since climbing around this level, EURCHF has […]
Key HighlightsLitecoin in a downward move, breaks level $1.00Litecoin breaks sideways move, drops to level $0.92 Litcoin ( LTC) Current StatisticsThe current price: $159.06Market Capitalization: $13,288,565,694Trading Volume: $2,637,102,581Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis September 21, 2021Litecoin’s (LTC) price broke below the moving as price fell to […]
Amid the bearish charge witnessed in Bitcoin (BTC) on Monday, El Salvador President Nayib Bukele revealed that the country bought the dip. El Salvador’s Bitcoin Law went into effect on September 7, making it the first sovereign nation to adopt the flagship cryptocurrency as legal tender. President Bukele announced via Twitter that his government acquired […]
At first glance, the headlines from this week’s Bank of England (BoE) meeting appear to provide mixed signals to the GBP. As the market adjusts to the fact that the MPC’s ability to present a more confident tone is dwindling. GBP eases from 1.3692 intraday high maintaining the corrective drop of the monthly low ahead […]
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In July, South Korea notified cryptocurrency exchanges and wallet operators to register with the FIU and comply with the new stipulated regulatory requirement before September 24 or risk getting shut down. Reports show that only one crypto exchange has complied and received licensing to continue operations. That said, 59 cryptocurrency exchanges could go out of […]
USDCHF Price Analysis – September 21 In the early European trading hours on Tuesday, the USDCHF pair is trading down. The pair dropped on a corrective pullback after touching monthly highs above 0.9300. It is currently trading at 0.9248, down 0.32 percent on the day. On the other note, despite a drop in risk appetite, […]
The objective to become rich might be challenging. However, whatever approach is used to achieve it, it is essential to delve into the whole process to gain particular knowledge and skills and create a specific strategy to turn every try into a lucrative income. One of those ways is forex trading. What Is Forex Trading?Forex, […]
