USDCHF Price Analysis – August 30 In early European trading hours on Tuesday, the US dollar fell against the Swiss franc. The pair retraced back beneath the 0.9150 regions and recorded a low of 0.9130 at the time of this post. The US Dollar Index (DXY) rises in perfect sync with the benchmark 10-year rates, […]
ADA Price Analysis – August 31 Bullish trend may be halted at the resistance level of $3.0 and it may face the support levels at $2.6, if it is penetrated, $2.3 and $1.8 levels may be the target. In case the bulls defend the $2.6 level, price may continue its bullish movement towards $3.0, $3.3 […]
Solana (SOL) continues to clear new record highs despite the mild market-wide bearish sentiment. Analysts suggest that several fundamental factors are behind the recent boom in SOL. One of such factors is the unveiling of the ‘Ignition’ event scheduled to take place later today till October 8. Given the buzz around it, this event could […]
While Bitcoin (BTC) continues to struggle below the $50,000 mark, reports show that the network has recorded significant transaction volume. On-chain analytics provider Glassnode recently revealed that the weekly transaction volume on the BTC network has surged to a record high, while the number of token holders steadily recovers. According to the report, the average […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD has been in a sideways move since July. Today, the Pound is rising upward after falling to level 1.3620. In July, the market retested the low of 1.3620 and resumed upward to level 1.4000. Today, buyers are pushing the […]
AUDJPY Market Analysis – August 30 AUDJPY will bounce off some key levels in a bid to keep moving downwards. For some time now, price has been on a descent. Price has been sliding downwards and bypassing the key levels. After a retest activity at the 81.600 key level, AUDJPY continued moving downward. AUDJPY dived […]
Today, the USDCHF improves slightly but remains in the 0.9108/9201 range. For the time being, intraday bias stays up. A break of 0.9108 on the downside will first target 0.9017 support. If there is another break there, the decline from 0.9471 to the low of 0.8925 will most likely resume. Breaking above 0.9200 resistance on […]
EURUSD Price Analysis – August 30 The EURUSD pair reached a high of 1.1809 and is now holding gains around the 1.1800 mark. Although following the release of the latest Eurozone sentiment figures, the euro remained positive posting modest intraday gains. Key LevelsResistance Levels: 1.1975, 1.1908, 1.1850Support Levels: 1.1750, 1.1704, 1.1663EURUSD Long term Trend: BearishAny […]
The Cardano Foundation appears to be toeing the line towards better regulatory compliance practices following a recent announcement to integrate Anti-Money Laundering analytics firm Coinfirm into the Cardano ecosystem. Coinfirm confirmed the development last Tuesday with an announcement to deploy its top-notch AML/CFT analytics system to ensure best regulatory-compliance practices by Cardano with the FATF’s […]
