For the time being, the dollar is volatile as selling shifts to the Swiss Franc, Euro, and Yen. Also with the rest of the day’s economic calendar being quiet, forex markets are poised to closely track risk markets. Forex markets fluctuated violently last week, with a lot of noise but little substance. On Friday, US […]
Key Highlights BCH revisits previous low at $600BCH/USD reaches an oversold region Bitcoin Cash (BCH) Current StatisticsThe current price: $611.15Market Capitalization: $12,885,114,310Trading Volume: $6,135,845,664Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis September 13, 2021 Bitcoin Cash’s (BCH) price rebounds above $600 as it rallies to $660 […]
NZDUSD Price Analysis – September 12 NZDUSD will continue to fall as the price keeps making a downward movement. The price retested the 0.71620 resistance zone before bouncing back to the 0.70740 support zone. There appears to be a bullish rejection as the price continues to respond to the 0.71620 key level. Sellers have now […]
EURUSD Price Analysis – September 13 In early Monday trading, the EURUSD opens the week in the red and continues its decline below the 1.18 level. At the time of writing, the pair has dropped even further, reaching new 3-week lows in the 1.1770 level. The resurgence of weakness is in response to the dollar’s […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index has been rising consistently. Presently, the upward move is facing resistance at the recent high. The NASDAQ 100 rose to level 15700 and it was repelled. Meanwhile; on September 1 uptrend a retraced candle body tested the […]
USD/CAD has decreased a little today after reaching 1.2695 level. It has dropped as much as 1.2660 where it has found demand again. Technically, the price has escaped from a reversal pattern, so an upside movement is natural and expected. Also, the Dollar Index is still very strong. A valid breakout through 92.80 level could […]
To incentivize foreign cryptocurrency investment into the country, the government of El Salvador has announced that foreign investors will receive immunity on Bitcoin (BTC) profits taxation. The announcement came from a government adviser last Friday. In an interview with Agence France-Presse (AFP), the legal advisor to President Nayib Bukele, Javier Argueta, noted that: “If a […]
Solana (SOL) recorded a meteoric rise this year, mainly because of the NFT boom recorded in recent months. However, new developments show that an increase in USDC (USD Coin) circulating the network also plays a role in the price boom. Recent data from the Solana explorer showed that the current account of circulating supply of […]
Key HighlightsEthereum is in a downward correction, consolidates above $3,130Ether faces rejection at level $3,400 Ethereum ETH) Current StatisticsThe current price: $3,298.56Market Capitalization: $388,536,402,743Trading Volume: $16,793,042,916Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis September 13, 2021 After the last bearish impulse, Ethereum’s (ETH) price resumed a downward correction. […]
