The euro has begun the week on a high note. EUR/USD is currently trading at 1.2213, up 0.32 percent in the North American session. There are no economic releases from the eurozone on Monday since it is a national holiday in most of Europe. Nonetheless, the euro is gaining strength and has entered the 1.22-zone. […]
Ethereum Classic (ETC) has traded erratically over the past few weeks but appears to be witnessing a turn of events. Despite the recent announcement by China to ban crypto mining, which triggered a massive FUD-induced sell-off over the weekend, the ETC and the rest of the market have regained bullish momentum. Ethereum Classic slid lower […]
EURUSD Price Analysis – May 24 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD […]
Reports show that over $400 billion left the cryptocurrency space over the weekend, in what has been one of the worst sell-offs in the crypto industry history. Total market capitalization trades around a multi-month low of $1.47 trillion in the early Asian session on Monday. The market correction sent the industry’s cap down by about […]
Key Highlights Bitcoin Cash is fluctuating above $500BCH is reaching bearish exhaustion Bitcoin Cash (BCH) Current StatisticsThe current price: $620.71Market Capitalization: $13,050,296,132Trading Volume: $13,050,296,132Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis May 24, 2021 Bitcoin Cash fell and hovered above the $500 support. This recent fall […]
NZD/JPY changed little today, so it stands at 78.07 level at the momentum of writing. It has registered a strong sell-off on Friday and now it hovers above 77.93 level. The Japanese Yen could take full control again if the Nikkei drops again. Technically, the price action has signaled that the pair could develop a […]
Bitcoin SV Price Analysis – May 24 Further increase in the bears’ pressure may push down the price below the $152 level, then, there will be a price decrease towards the support level of $134 and $115. In case the bears’ momentum fails at $152, the price may increase towards the resistance levels at $171, […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingSince February, NAS100 has been in a sideways move. The upward move is facing rejection at level 14000. On April 16 and 26, the bulls tested the resistance at level 14000 and were repelled. A bearish double top pattern […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingThe Kiwi upward move is facing resistance at level 0.7300. Since April 29, the currency pair has been fluctuating between 0.7140 and 0.7300. The uptrend will resume if price breaks above level 0.7300. The Kiwi will resume an upward move […]
