Gold (XAU/USD) remained in a rangebound mode for the second consecutive session, despite its underlying bullish bias. The precious metal traded within the tight range between $1,740 and $1,720, following a decent rebound from the $1,700 psychological support. The US government bond yields also traded in a sideways momentum, while the Dollar Index (DXY) remained […]
Key HighlightsBitcoin retraced to $54,000 support levelThe king coin is fluctuating between $55,000 and $60,000 Bitcoin (BTC) Current StatisticsThe current price: $55,403.68Market Capitalization: $1,162,515,939,065Trading Volume: $58,477,329,032Major supply zones: $60,000, $62,000, $64,000Major demand zones: $50,000, $48,000, $46,000 Bitcoin (BTC) Price Analysis March 16, 2021 Bitcoin price is retracing after rejection from the $62,000 resistance zone. Today, […]
Key Resistance Levels: 0.9400, 0.9500, 0.9600Key Support Levels: 0.9100, 0.9000, 0.8900 USD/CHF Price Long-term Trend: BullishThe pair is presently in an upward move. The pair is falling after rejection from the recent high. On March 9, a retraced candle body tested the 78.6% Fibonacci level. This retracement indicates that the market will rise to level […]
Key Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 is in an uptrend. The bulls have broken the resistance at level 32000 as the uptrend resumes. On February 25 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. With this […]
Just two weeks after FD7 Ventures—a cryptocurrency-based investment fund led by Prakash Chand—announced that it was launching a $250 million fund in India geared towards investing in Cardano (ADA) and Polkadot, a recent report by Businesswire revealed that Chand was undertaking another Cardano project in Africa. In a joint effort with FD7, Ask The Doctor—a […]
Bitcoin SV Price Analysis – March 16 A further increase in price is envisaged provided the bulls gain more momentum, the price will increase towards the previous high at $217 – $259 provided $198 do not hold. The breakdown of the support level of $185 will decrease the price towards $171 and $152. BSV/USD Market […]
Key Support: 1.1910 Key Resistance: 1.1940 – 1.1970 – 1.1990 Mid Term View The EURUSD has been falling for the past 3 weeks, about 3.36% (410 pips), but last week we saw a bottom at the test of the 1.1820 level. Now that price is trading above the 1.1910 (which confluences with the weekly pivot), […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishEUR/CHF is in an uptrend but the bulls are struggling to break level 1.1100. Since March 4, the pair has been in a sideways trend. On March 4 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The […]
Key HighlightsLitecoin has fallen $191 low and pulled backLitecoin tests historical price level of March 10 Litecoin (LTC) Current StatisticsThe current price: $198.16Market Capitalization: $16,637,070,354Trading Volume: $6,583,608,342Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis March 16, 2021Litecoin has been in a downward move soon after its rejection from […]
