Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: RangingUS Wall Street 30 is in a sideways move below level 35200. Since July 26, the index has been fluctuating below the overhead resistance. The overhead resistance has not been broken since May 10. Meanwhile, on July […]
The Indian Ministry of Finance has answered some pressing questions about the status of cryptocurrency activities and regulations in the country on Monday. The ministry responded to a series of questions from the Lok Sabha, the lower house of India’s parliament, on some crypto matters. The minister state for the finance ministry revealed that the […]
NZD/USD is trading in the green at 0.7012 at the moment of writing. It has decreased a little today but the bulls are still strong as the DXY is bearish. The pair could register sharp movements during the week as the US is to release high-impact data. Technically, the price action has signaled that the […]
USDCHF Price Analysis – August 3 Following last week’s decline, the USDCHF is deepening its downward bias on Tuesday. The currency pair is currently trading at 0.9030, down 0.28 percent on the day. The Swiss franc has maintained its safe-haven status despite market volatility. The Consumer Price Index (CPI) in Switzerland grew to 0.7 percent […]
Key HighlightsLTC price in a downward move as it faces rejectionThe altcoin has resumed selling pressure Litcoin ( LTC) Current StatisticsThe current price: $137.97Market Capitalization: $11,589,367,564Trading Volume: $1,370,555,270Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis August 3, 2021Litecoin’s (LTC) price is falling as the crypto faces rejection at […]
UK online fashion retailer Asos (ASC) is facing both ways at the moment. In its 15 July trading statement the company reported sales were up 21% as a result of the “stay at home” shift. Revenues were also higher and beat estimates. In the four months to 30 June it pulled in £1.29 billion pounds […]
Based on on-chain activities, analysts assert that there is massive profit-taking occurring in the market since Bitcoin (BTC) peaked at $42,600 on Sunday. As a result, the benchmark cryptocurrency plunged by over 10% since its recent peak. On-chain analytics platform Glassnode noted that the big question in the mind of the BTC community is if […]
ADA Price Analysis – August 03 Should the buyers gain enough momentum and the daily candle closes above $1.3 level, ADA/USD may increase to $1.4 and $1.6. In case the sellers defend the $1.3 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.3, $1.4, $1.6 Support levels: $1.1, […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingGBP/USD pair has been in a sideways trend below 1.4200 overhead resistances. For the past three months, the pair has been making positive moves below level 1.4200. On July 30, the pair reached the high of 1.3979 and was repelled. […]
