S&P 500 Price Analysis – February 2 The S&P 500 Index strikes out its 2020 highs on heightened concern that the spread of the coronavirus will slam global economic growth with the S&P 500 dropping more than 3% from its all-time high on January 22. Key Levels Resistance Levels: 3400, 3350, 3300 Support Levels: 3200, […]
The United Arab Emirates’ Ministry of Health and Prevention (MoHAP) in conjunction with the Presidential Affairs, Dubai Healthcare City, and other related authorities, has initiated a blockchain-based data holding/storage platform. Based on a news release by The Emirates News Agency on the 2nd of February, the blockchain platform is geared towards enhancing the efficacy of […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Undoubtedly, BTC has continued to range above the $9,200 support level. The bulls have successfully defended the supported level. Buyers are eagerly pushing price forward and testing to break the $9,500 resistance level. Bitcoin is fluctuating in […]
EURJPY Price Analysis – January 31 The best tone surrounding the European currency is to keep the rebound in EURJPY to the 120.40 regions, not far from where the initial supply barrier is at the 120.17 level. Key Levels Resistance Levels: 124.31, 123.37, 122.87 Support Levels: 120.17, 119.99, 115.83 EURJPY Long term Trend: Ranging In […]
S&P 500 Price Analysis – January 31 The number of S&P 500 stocks that traded above their 5 and 13 moving average on Friday fell to the lowest level since October. Markets collapse on Friday as the coronavirus spreads, for the moment, easing bullish sentiment and fuels uncertainty in a period of high valuations. Key […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging Yesterday, the market fell to a low of 7,833 and the stock continues its downward move to the low of 7,280. This has been the scenario since January 17. The bottom line is that the price will continue […]
Some opportunistic cybercriminals have begun illegally exploiting the death of world-renowned basketball legend Kobe Bryant, who passed away on the 26th of January, by embedding bugs on the internet for those looking for mementos of the superstar. Microsoft Security Intelligence alerted through a tweet on the 31st of January that hackers were embedding malicious HTML […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish The bulls have held on the price above the $9,000 support for the past four days. Nonetheless, the coin has been fluctuating below the $9,600 resistance. The coin has fluctuated and fallen to a low of $9,200.It […]
• 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 […]
