Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD is presently rising on the upside. Since May 10, the pair has been fluctuating between levels 1.2050 and 1.2200. Today the upward move is facing resistance at the 21-day SMA. On the upside, if price breaks above the moving […]
The governor of the central bank of Nigeria (CBN), Godwin Emefiele, has asserted that digital currency “will come to life even in Nigeria.” This statement comes just a few months after the apex bank ordered commercial banks in the country to stop facilitating cryptocurrency transactions. While acknowledging that the country is a leading force in […]
As markets prepare to conclude the US session, the dollar is fighting back. On the other side, the Canadian Dollar is currently being sold. The euro and the Swiss franc are also falling in value. Overall, though, markets remain mixed, with European indices trading sideways while US futures are rising. While financial markets chill and […]
GBP/JPY seems undecided in the short term after reaching the 154.82 high. The pair moves sideways showing some overbought signs. Still, the bias is bullish, so it is premature to talk about a strong corrective phase. It remains to see what will really happen in the short term. JP225 (Nikkei) stays higher and a potential […]
S&P 500 Price Analysis – May 26 Following a gloomy result of Wall Street benchmarks, the S&P 500 recovers 0.20 percent intraday. At the time of this post, the index was trading around the 4200 regions after a stop of the prior day’s pullback from a weekly high of 4216 levels. The recent rise implies […]
Key HighlightsEthereum breaks above the moving averagesThe biggest altcoin approaches the high of $3,000 Ethereum ETH) Current StatisticsThe current price: $2,821.03Market Capitalization: $331,092,790,021Trading Volume: $48,413,395,855Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis May 26, 2021 On May 23, Ethereum plunged to $1,755 low as bulls bought the dips. […]
STELLAR Price Analysis – May 26 In case the bulls maintain their momentum, the price will break up the resistance level of $0.50, and the price will reach the high of $0.57, which may extend to $0.67 level. In case the bulls are unable to break up the resistance level of $0.50, bearish movement may […]
In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is making an upward move to retest or break the resistance at level 35000. Presently, the upward move is facing resistance at level 34500 for the second time. Meanwhile, on May 10 uptrend, a retraced candle […]
