Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. Since May 7, buyers are yet to break above the level 7200 resistance. Meanwhile, on July 7 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that UKX is […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD has resumed an upward move after reaching the low of 1.2300. The currency pair has broken the previous resistance at level 1.2450 as the pair approaches the target price of 1.2750. Meanwhile, on June 18 uptrend; a retraced candle […]
The legal case between Ripple (XRP) and the United States Securities and Exchange Commission (SEC) has lost its novelty to many members of the crypto community. There has been little to no new development from the ongoing case in the past few weeks. Yesterday, crypto analyst Martin Valk tweeted that the case had become “a […]
As traders await the FOMC minutes, the dollar and the rest of the currency markets are often range-bound. Discussions on the date of tapering, which was not explicitly mentioned in the announcement, as well as economic estimates, will be the central objective. As worldwide mood has improved, the dollar’s surge seems to be shedding strength. […]
Key HighlightsEthereum bulls face rejection at recent highThe biggest altcoin has reached an overbought region of the market Ethereum ETH) Current StatisticsThe current price: $2,345.74Market Capitalization: $273,406,230,919Trading Volume: $23,554,898,278Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 7, 2021 Since July 2, Ethereum has been making positive moves. […]
Key Resistance: 153.15 Key Support: 151.40 The GBPJPY had a very bearish day yesterday moving -172 pips from high to low breaking also with last week’s lows. In yesterday’s live session I talked about looking for shorts on a retest of the previous broken level (153.00) During the Asian and the European session we saw […]
Key Support: 110.40 Key Resistance: 111.10 – 111.60 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is in a very structured bullish move from the lows in April 23rd (+3.90%). After hitting the high around the 111.70 level last week price has dropped […]
AUDUSD Price Analysis – July 7 Despite a lack of strong follow-through, the AUDUSD pair maintained its bid tone and held solidly above the 0.7500 psychological thresholds during the first half of the European session. Indications that the Fed may maintain its ultra-loose monetary stance for a prolonged period continued to operate as a barrier […]
In November last year, Sygnum Bank AG noted that it had partnered with Taurus Group, a firm in relation with SEBA bank and other prominent Swiss fintech services, to offer customers crypto stalking accounts. At the time, the staking accounts would leverage on the Tezos network, a proof-of-stake platform. However, with the ETH 2.0 upgrade […]
