BNBUSD Price Analysis – July 30 Binance Coin experienced a bullish breakout at resistance level of $311, the price is increasing towards the resistance levels of $364 and $420. The support levels below current price can be found at $311, $254 and $196. The relative strength index period 14 is above 450 levels exhibiting a […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishOn June 29, XAUUSD fell to the low of $1,755 as bulls bought the dips. XAUUSD rebounded above the current support as buyers pushed the Gold price to the high of $1,834. Gold was rejected at the recent high on […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishUSD/JPY has continued to fall on the downside. The Yen has fallen to the low of level 109.46 and further downward move is expected. Meanwhile, on July 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingUKX index has been in a sideways trend since May 7. Each time, the resistance at 7200 is tested the index will fall to the support above the 21-day SMA or 50-day SMA. Today, the market is rising to retest the […]
After dismal economic statistics, the dollar slide continues and accelerates slightly during the US session. Even while the Fed admitted that economic progress has already been made, the dollar fell sharply overnight and has remained weak. In a statement, the FOMC acknowledges that “the economy has moved forward towards” maximum employment and price stability targets.” […]
PayPal is expanding its foray into the cryptocurrency industry as the payments giant announced the launch of its “super app wallet” for its American customers. The company noted that it would launch the upgraded version in the upcoming months. PayPal CEO Dan Schulman revealed in the PayPal Q2 2021 Earnings Call that the company plans […]
AUDUSD Price Analysis – July 29 AUDUSD drew some dip-buying on Thursday and aims to build on the prior day’s rally from the 0.7316 zones. Amid the dominant US dollar selling tendency after the FOMC, the pair was last spotted slightly beneath the 0.7400 marks, towards the upper end of its daily trading range. Key […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) upward move has been stalled below the $0.21 high since July 27. The crypto’s price now consolidates between $0.19 and $0.21 in a tight range. Dogecoin price action is characterized by small body candlesticks called Doji and Spinning tops. These […]
According to new reports, Bitcoin (BTC) has entered neutral levels on the Fear and Greed Index for the first time since May 12. Before now, it remained in a drawn-out phase of either fear or extreme fear. The previous prolonged fear state emanated from the plummeting prices, overall stagnation, and investor indecisiveness seem recently. As […]
