EURUSD Price Analysis – August 23 During the American session at the start of the week, the EURUSD pair traded near a daily high of 1.1743, extending Friday’s rally off lows near the 1.1660 level. In August, however, data in Euroland showed that German and EMU PMIs fell short of forecasts. Key LevelsResistance Levels: 1.1908, […]
NZDUSD Price Analysis – August 23 NZDUSD is likely to continue a downtrend as it appears to be trading above the 0.6800 significant level. The downtrend is perceived to be strong due to a range of consolidations. This consolidation is between the 0.70300 resistance key level and the 0.6900 support level. Because of this accumulation, […]
Investor euphoria is back in the market again, and this time it is driving Cardano (ADA) higher. While Bitcoin has reclaimed the $50k line after a 3% rally which has sparked excitement in the market, Cardano stole the shine with a 12% rise over the past 24 hours and trades at $2.8200. The recent rally […]
Bitcoin SV Price Analysis – August 23 When the bulls increase their momentum, the price may break up the barrier at $185 level and the key resistance level at $217 may be tested, further increase may push it to $233. In case the bears oppose the bulls at $185 level, price may reduce to the […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is still in a sideways move below level 15200 since July. In August, buyers retested the resistance zone twice but were repelled. On August 17 retest, NAS100 fell to level 14800. Today, buyers are pushing the price to […]
Dollar: Concerns about the rapid rise of Delta variant and the return of lockdowns, as well as the Fed’s tapering and China’s downturn, weighed heavily on market mood last week. A Fed hawk’s softening tone on tapering offered optimism a late boost, but it was unclear whether it would last. The top currency was the […]
XAGUSD Price Analysis – August 22 In the prior week, the XAGUSD pair swung to the downside, hitting a daily low of $22.87. The dollar was the strongest currency across the board, but by the end of the week, it had lost some momentum. However, Silver is down for the fourth session in a row, […]
According to local reports, the temporary ban on cryptocurrency mining instilled in the industry earlier this year by the Iranian Ministry of Industries, Mining and Trade might get lifted soon. The announcement came from the Iran Power Generation, Distribution, and Transmission Company, Tavanir. In an interview with ISNA News, Mostafa Rajabi Mashhadi—the spokesman for the […]
Key HighlightsEthereum consolidates below $3,320 resistanceThe biggest altcoin targets level $3,863.67 high Ethereum ETH) Current StatisticsThe current price: $3,175.21Market Capitalization: $372,168,348,684Trading Volume: $15,651,734,389Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis August 22, 2021 Ethereum’s (ETH) price has been consolidating below $3,320 resistance for the past three days. On […]
