Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF is falling after the rejection at level 1.1100. The selling pressure will continue as the pair faces another rejection at level 1.0200. Meanwhile, on May 11 downtrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement […]
Against the US dollar, the euro regains ground. EUR/USD is exchanging at 1.2255 in the American session, up 0.34 percent on the day. The euro has hit a new daily high of 1.2262, the highest since Jan. 4. The euro gained a foothold despite the vacation on Monday, and the rising trend has continued on […]
The recent crypto market crash reportedly sent the Bitcoin (BTC) premium on Grayscale down a -21% slope, a multi-year low. However, the premium appears to have stabilized a bit around -4% over the past few hours. That said, this metric could return to positive levels later next month, as many GBTC investors will cash out. […]
Key HighlightsLitecoin falls to $118 lowBuyers are likely to emerge Litcoin ( LTC) Current StatisticsThe current price: $175.12Market Capitalization: $14,527,707,154Trading Volume: $5,523,308,458Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 25, 2021Today, Litecoin drops to $118 low and resumes upward but the uptrend is facing resistance at the […]
USDCHF Price Analysis – May 25 USDCHF pair is still on track for daily losses. It is currently trading at 0.8955, down 0.17 percent on the day. For the time being, the pair tends to rangebound at the moment. As risk flows dominate the markets, the US Dollar Index continues to fall. If the price […]
South Korea’s central bank has indicated its resolve to implement a central bank digital currency (CBDC) at a slow but sure pace. According to a report by the Korea Herald yesterday, the Bank of Korea (BOK) is working on a virtual environment to allow for the evaluation, control, and testing of various stages of its […]
ADA Price Analysis – May 25 Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.46, $1.31 and $1.11. Increase in the bulls’ momentum will increase the price to the resistance level of $1.64, the bullish momentum may extend to the resistance level of $1.87 and $2.08 level. ADA/USD […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD pair has risen to 1.4250 and price is fluctuating below the resistance level. Since May 18, the pair has been retesting the resistance zone, Similarly, on February 24, the pair was repelled at the same resistance level and the […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishSince February 24, the currency pair has been in a sideways move. AUD/JPY has been facing rejection at the $85 resistance. In February and March, the upward moves were repelled. Meanwhile, on May 10, a retraced candle body tested the […]
