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Bitcoin Cash (BCH) Reaches Bearish Exhaustion, Resumes up Trending

Key Highlights BCH retested $560 low and resumed upward moveThe altcoin is in a downward correction Bitcoin Cash (BCH) Current StatisticsThe current price: $629.02Market Capitalization: $13,210,849,033Trading Volume: $1,500,840,541Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 14, 2021 Bitcoin Cash (BCH) is in a downward move. […]

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Bitcoin Mining Clampdown in China Reaches Yunnan Province

Another province in China has taken a stand against Bitcoin mining operations in the region as the Chinese government intensifies efforts to wean the nation of cryptocurrency activities. Over the weekend, Yunnan provincial authorities disbursed a memo ordering an investigation into the illegal use of electricity by individuals and companies in Bitcoin mining. The China […]

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NZD/USD Rebounds above Level 0.7120, Pushes on the Upside

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD is in a sideways move below level 0.7300 Since April. The Kiwi is rising after falling to the low of level 0.7115. The currency pair has an uphill task to break above the moving averages to resume up trending. […]

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GBP/JPY Resumes an Uptrend after a Retracement to Level 154.20

Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishGBP/JPY pair is in an uptrend. The currency pair has broken above the previous resistance and moved on the upside. The market is declining because of the resistance at level 156.00. If price breaks below the moving averages, the downtrend […]

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