Investor confidence in the eurozone rose to 29.8 in July from 28.1 but fell short of expectations at 30.2. However, this is the fifth consecutive growth and the highest since February 2018. The Current Situation Index rose from 21.3 to 29.8, the fifth consecutive growth and the highest since October 2018. However, the investor confidence […]
ADA Price Analysis – July 06 When the buyers increase their momentum to break up the $1.46 level, the resistance levels of $1.64 and $1.87 may be tested. Inability to break up the $1.46 by the bulls may lead to a decrease in price to support levels at $1.11, $0.98 and $0.83. ADA/USD Market Key […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair fell to level 82.40 after rejection from the level 85.00 overhead resistance. The market is resuming upward to retest the overhead resistance. Meanwhile, on June 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. […]
Bitcoin SV Price Analysis – July 05 In case buyers increase their pressure the resistance level of $152 may be penetrated and the price may increase further to $185 and $217 levels. An increase in the bears’ pressure will decrease the price to break down the support level of $134 which may decrease the price […]
Key Highlights BCH has fallen to $387 lowBCH battles resistance at level $540 Bitcoin Cash (BCH) Current StatisticsThe current price: $494.93Market Capitalization: $10,394,679,319Trading Volume: $10,394,679,319Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis July 5, 2021 Since June 23, Bitcoin Cash (BCH) has been making upward moves. […]
Aave (AAVE), one of the most prominent DeFi money markets, has announced that it plans on launching a permissioned version of its platform for institutional investors sometime this month. The DeFi provider noted that it has partnered with crypto custodian and service provider, Fireblocks to carry out this task. Twitter user “TraderNoah” posted a screenshot […]
GBP/JPY changed little in the short term after passing above upside obstacles. It has decreased a little to retest the broken downtrend line and it could start increasing again soon. It moves sideways in the short term but I really hope that we’ll have a good trading opportunity after ending its range. The Pound could […]
EURUSD Price Analysis – July 5 After recovering at the critical 1.1807 low level, the EURUSD re-entered the mid 1.1800 area, touching the downward moving average (MA 13) on a daily. The US dollar recovers amid a mixed market attitude, while EURUSD is maintaining the lower ground past 1.1850. In the face of a poor […]
The head of the French central bank, François Villeroy de Galhau, has cautioned that the European monetary sovereignty could come under significant pressure if the European Union fails to regulate cryptocurrencies. He noted that failure to act to thwart the role of the euro in the international scape. The governor of the Banque de France […]
