Ethereum (ETH) has had a relatively impressive run this year, as it retains traction towards its previous all-time high. At press time, ETH trades around the $3,200 level and is up by 6.5% over the past 24 hours. That said, Ethereum founder Vitalik Buterin recently expressed his ultra-bullish expectation for the cryptocurrency, especially following the […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold price is in an upward move. The upward move is facing an initial obstacle at the $1,800 resistance zone. On the upside, if price breaks above the resistance zone, the Gold price will be above the moving averages. In […]
Blockchain analytics company Chainalysis has recently posted some positive data for the cryptocurrency industry in its 2021 Cryptocurrency Adoption Index, which ranks for the adoption rate of crypto in 154 countries. The company published a preview of its 2021 Geography of Cryptocurrency report yesterday, which should get released in September. The report comprises the “2021 […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishDOGE/USD rallied to $0.35 high on August 15 but faced resistance at the recent high. The altcoin retraced to $0.285 low and resumed an upward move. Meanwhile, on August 15 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The […]
On Thursday, renewed pressure in the GBP/USD was triggered by strong follow-through dollar buying. The US dollar inched up against the euro as the FOMC Minutes revealed that tapering will most likely begin around the close of the year. This comes after several Fed officials, including erstwhile doves, have made remarks in the last two […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 19 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has formed an inverted head and shoulder reversal pattern to shoot price […]
AUDUSD Price Analysis – August 19 The AUDUSD fell below the 0.7200 regions and maintains a highly offered bias trading barely above mid-0.7100s, its lowest level since early November. The pair’s weakness continues as the US dollar strengthened and Australia’s coronavirus issues prompted another round of GDP projection downgrades. Key LevelsResistance Levels: 0.7389, 0.7289, 0.7189Support […]
Bitcoin (BTC) and the rest of the cryptocurrency market traded lower in early Thursday, as the bearish sentiment that started at the beginning of the week grows. Bears took a cue from the failed attempt by the industry to change a tax reporting requirement in the US Infrastructure Bill. Despite the renewed bearish pressure, CEO […]
EUR/GBP increases at the moment of writing signaling strong buyers and a potential upside continuation. In the short term, it has decreased a little trying to attract more buyers before jumping higher. The Euro has received a helping hand from the Euro-zone Current Account. The economic indicator was reported at 21.3B versus 12.3B expected and […]
