GBP/USD rallied after reaching 1.3733 today’s low. In the short term, it’s still bullish despite the temporary decline. The Dollar Index is bearish, so it could drop anytime again. Technically, we can still search for long opportunities in GBP/USD. The USD has taken a hit from the US Pending Home Sales indicator which has registered […]
NZDUSD Price Analysis – August 29 NZDUSD bears are making a significant pullback as the market is rallying upward. Before breaking out, the price initially broke through the 0.70200 resistance key level. However, the market entered a bearish trend after breaking through the major key levels of 0.69500 and 0.69000. Following that, the price reversed […]
Key Highlights BCH targets the high of $804BCH/USD faces strong rejection at level $700 Bitcoin Cash (BCH) Current StatisticsThe current price: $648.50Market Capitalization: $13,457,887,724Trading Volume: $2,976,721,816Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 30, 2021 Bitcoin Cash (BCH) has fallen to $648.67 low. Since August […]
Citizens of El Salvador took to the streets in protest last Friday over the legal adoption of Bitcoin in the country. This action comes just a few days before El Salvador legalizes the Bitcoin Law, which would allow the country to make BTC an official legal currency along with the USD. While El Salvador President […]
Bitcoin SV Price Analysis – August 30 The price may break up the barrier at $185 level and the key resistance level at $217 may be tested when the bulls increase their momentum, further increase may push it to $233. Price may reduce to the support level of $148 and it may continue to the […]
Key Resistance: 20.25 Key Support: 20.17 – 20.15 The USDMXN rejected last week’s highs on Friday printing a lower high before crashing to last week’s lows on Powell’s very Dovish speech at the end of the Jackson Hole symposium. This created a big double top with the neck line right at last week’s lows. This […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 price has broken above the resistance at level 15200. The index is trading and approaching the overbought region. Further upside is unlikely. Meanwhile; on August 25 uptrend a retraced candle body tested the 78.6% Fibonacci retracement level. The […]
Key HighlightsEthereum fluctuates between levels $3,140 and $3,285Ether targets levels $3,509.66 Ethereum ETH) Current StatisticsThe current price: $3,245.41Market Capitalization: $380,841,599,323Trading Volume: $13,152,593,752Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis August 29, 2021 Ethereum (ETH) bulls are presently battling to break the resistance at $3,285. The resistance level has […]
Cuba has announced that it plans on recognizing and regulating cryptos like Bitcoin (BTC) for payments. The government of the Caribbean nation revealed its intentions via Resolution 215 published on Thursday. The resolution stated that the Central Bank of Cuba would draft rules and regulations for the industry. The resolution also noted that financial institutions […]
