AUDUSD Price Analysis – June 24 The AUDUSD pair has been trending upward for the first 4 days of the week, lingering at the top end of its intraday trading range, around 0.7586, heading into the American session. Following a slight bounce in the prior day, the US Dollar Index struggles for traction while focusing […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishSince June 21, the USD/CAD upward move has been interrupted. The currency pair is facing rejection at the 1.2500 resistance level. The market is declining on the downside. If price breaks below the moving averages, it will accelerate the downward […]
Key Support: 33800 Key Resistance: 34100 – 34500 After falling and closing extremely bearish last Friday, the Dow rejected the 33000 level printing a super bullish daily candle (+2.76%). The last 2 days have been very rangebound for the Dow but price printed a continuation pattern (flat triangle) right at the previous broken base. Buyers […]
CAD/JPY changed little in the short term as the buyers are exhausted. The bias is bullish, so the pair could resume its growth soon. It’s trapped within a minor continuation pattern, a valid breakout from this formation may signal an upside continuation. The pair has slipped lower after worse than expected Canadian retail sales data. […]
Key HighlightsEthereum price faces rejection at $2,034The altcoin has resumed selling pressure Ethereum ETH) Current StatisticsThe current price: $1,936.18Market Capitalization: $225,934,662,449Trading Volume: $26,606,288,953Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis June 23, 2021 Yesterday, Ether plunged to level $1,711 as bulls bought the dips. The crypto’s price corrected […]
With markets back in risk-on mode, the yen fell sharply overnight and continues to be under pressure in the Asian session. The NASDAQ closed at a fresh all-time high, while the Dow and S&P 500 also rose. Hong Kong’s major Asian indexes follow with substantial increases. The dollar’s decline has continued this week, but losses […]
New reports from South Korea reveal that several top cryptocurrency exchanges in the region have carried out mass delisting of many altcoins to stimulate a better relationship with the banks. According to local reports on Tuesday, these exchanges took this step to better their chances of partnering with banks that offer real-name accounts for their […]
STELLAR Price Analysis – June 23 An increase of the bears’ pressure may break down the support level of $0.22, which may leads to further price decrease to the low of $0.16, later it may extend to $0.11 level. In case the bears’ pressure are unable to break down the support level of $0.22, bulls […]
The US Securities and Exchange Commission (SEC) intends to file a motion tomorrow to suppress the deposition subpoena issued by Ripple Labs on a former SEC official. The suppression motion getting pushed by the Commission comes as the SEC argues that the questioning of a former official under oath was unacceptable. That said, the decision […]
