The S&P 500 (SPX) and the Nasdaq 100 (NDX) slipped lower on Wednesday, as US bond yields rallied ahead of the FOMC policy statement slated for later today, where traders will be watching if the central bank raises interest rates sooner than expected. The benchmark 10-year yield recorded a new 13-month high around 1.67%, which […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an uptrend. Presently, the uptrend is facing resistance at level 6800. Since January 6, the upward move has been facing rejection from the recent high. Today, the price is falling after testing the resistance zone. The Share […]
The CEO of Visa, Al Kelly, has announced that the financial services giant is nursing plans to enable Bitcoin (BTC) purchases on Visa credentials. The statement is coming only a few weeks after rival financial services provider—MasterCard—announced its cryptocurrency plans. The CEO broke the news during a session on Fortune’s Leadership Next podcast, where he […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie was previously in a sideways move but the bears have broken the current support. For the past week, the pair has been in a downward move. This week the selling pressure has resumed. According to the Fibonacci tool, […]
STELLAR Price Analysis – March 17 The breakup at the resistance level of $0.42 will drive the price towards $0.50, and $0.57. In the same vein, the breakdown of the support level at $0.33 will decrease the price to $0.22 and $0.16 levels. XLM/USD Market Key Levels: Resistance levels: $0.42, $0.50, $0.57 Support levels: $0.33, […]
Key HighlightsEther fluctuates betwee $1,740 and $1,820The biggest altcoin risks further decline to $1,640 Ethereum ETH) Current StatisticsThe current price: $1,786.34Market Capitalization: $204,930,282,284Trading Volume: $21,676,257,238Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 17, 2021 Ether has been in a downward correction for the past three days, The […]
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 […]
