AUDUSD Price Analysis – August 12 After a minor recovery within its relatively close territory in the prior day, the AUDUSD is currently trading around lows near the sub 0.7400 level. On Thursday, the pair falls as it fails to maintain the previous session’s upward momentum. Traders are currently waiting on the US Initial Jobless […]
Key Resistance: 1.3888 Key Support: 1.3800 The GBPUSD has been trading inside a short-mid term bearish structure since it retested the 1.40 level back in July 29th and yesterday we saw a bullish move towards last week’s lows. Looking at the USD and how it has been rallying a retest of last week’s lows on […]
Uniswap Price Analysis – August 12 An increase in the bulls’ momentum will break up the resistance level of $30 and this may increase the price to $37 and $43 resistance levels. In case the resistance level of $30 holds, Uniswap price may decrease to $26, $21 and $14 price levels. UNI/USD Market Key Levels: […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingSince July 19, the index has been in a downward move as it fell to level 6845. On July 20, the bulls bought the dips as the index resumed upward. Today, the upward move has reached level 7220. Further upside is […]
USDCAD Price Analysis – August 12 Bears cancel out bulls on USDCAD to leave the market hanging in the balance. The bulls forged the market into a cup and handle formation, which was a reversal technique to push price up. This activity spanned 60 trading days from the 21st of April to the 14th of […]
Bitmex announced, on Tuesday, that it had come to an understanding with both the United States Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) regarding the recent investigations into the company’s conduct by both agencies. The cryptocurrency company noted that it is ready to pay as much as $100 million to settle […]
Key HighlightsEthereum will further rise to $3358.64Ether is likely to reverse at the recent high Ethereum ETH) Current StatisticsThe current price: $3,246.34Market Capitalization:$380,024,389,343Trading Volume: $27,492,967,167Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 11, 2021 Ethereum’s (ETH) price has been in a smooth uptrend. The price action has […]
Following this news, the dollar dropped somewhat against its peers. The US Dollar Index was down 0.1 percent on the day at 92.97 at the time of writing. Inflation in the United States, as measured by the Consumer Price Index (CPI), remained constant at 5.4 percent yearly in July, according to statistics released on Wednesday […]
Ripple (XRP) continues to trade on a bullish sentiment amid an upbeat momentum across the broader market. At press time, XRP trades up at $0.8950 with an intraday gain of 3.5%. After a prolonged bearish period, the cryptocurrency market appears to have snapped out of the bearish trance, as investors troop back into the market […]
