USDCHF Price Analysis – August 24 During Tuesday’s European trading hours, the USDCHF maintain its decline and struck a low of 0.9117 after sliding from the prior day’s high of approximately 0.9178. Amid concerns about the coronavirus and a resurgence in the global economy, the Swiss franc gains on its safe-haven status. At the time […]
Key Support: 22.28 Key Resistance: 20.44 The USDMXN has been in a very strong bullish move since the beginning of this trading week (up 3% from low to high) without any deep pullbacks. Yesterday we tried a bullish continuation that stopped us out at a loss but the setup presented itself again and like I […]
The Mayor of Jackson, Tennessee, recently tweeted that the price of Bitcoin (BTC) will only continue to increase as the Fed continues to print money. He noted that: “As the Feds continue to print more USD, this chart will continue to rise. Bitcoin could be the present but is definitely the future monetary system, and […]
At the time, Bitcoin is the most popular Cryptocurrency. Nowadays, learning how to trade Bitcoin is a skill that is good to possess. In this article, we will attempt to discuss seven crucial tips you should know in order to be a successful Bitcoin trader. 1. Research the Market As we all know, before entering […]
ADA Price Analysis – August 24 After the pullback, bullish trend may continue, the resistance level of $3.0 may be broken upside and the price may increase to $3.3 and $3.7 resistance levels. In case the bears defend the $3.0 level, price may reverse towards $2.6, $2.3 and $1.8 support levels ADA/USD Market Key Levels: […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishThe Pound has been in a downward move since June. The downtrend has reached bearish exhaustion. The bears have been repelled at level 1.3620 support. Each bearish move has been facing rejection at the recent low. Meanwhile, on June 21 […]
AUDJPY Price Analysis – August 23 AUDJPY is likely to make a progressive pullback before resuming its current bearish trend. After breaking through the trendline and then a key support zone at 80.200, AUDJPY broke another significant key area at 79.000. There is a change in the market as bulls start to apply pressure, which […]
GBPUSD: UK Flash PMI reports for August were mixed. The manufacturing PMI fell slightly to 60.1 (July: 60.4). Despite a 5-month low, this reading indicates strong expansion, as it is well above the neutral level of 50. Consumer demand remains strong, but producers are unable to keep up due to a lack of raw materials. […]
Key Highlights BCH faces rejection at $715BCH/USD is range bound between $620 and $715 Bitcoin Cash (BCH) Current StatisticsThe current price: $671.51Market Capitalization: $14,101,658,243Trading Volume: $2,949,463,991Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 16, 2021 Binance Coin (BCH) rallied to $715 but resumed sideways move […]
