ADA Price Analysis – May 18 Increase in the bulls’ momentum will increase the price to the resistance level of $2.30, the bullish momentum may extend to the resistance level of $2.51 and $2.72 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $2.08, $1.87 and $1.64. 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 is rising upward. However, the upward move is facing resistance on the upside. Recently, the currency pair was resisted on May 11 as the Pound fell to level 1.4050 low. Today, the Pound is rising to retest the resistance […]
Key Support: 109.07 Key Resistance: 109.70 – 110.25 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has been in a bullish momentum for the past 3 weeks with the last 2 weeks being stuck in a range. After the double bottom at the […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishOn May 10, the currency pair reached a high of level 86.00. However, the bulls could not sustain the bullish momentum above level 86.00. For the past week, the pair has been in a downward move. The pair fell to […]
The past few days have been very tough on Ethereum Classic (ETC) and the entire cryptocurrency market. The ongoing market crash was triggered by a tweet from Elon Musk, stating that Tesla would no longer accept Bitcoin payment for its vehicles because of environmental concerns. This announcement struck a negative chord for crypto traders, who […]
US Dollar inflation expectations around the world continue to edge up as the constant build-up of price pressures in factory input costs as well as soaring commodity prices are making investors question the FED’s narrative that the current surge in inflation will be temporary. Commodity currencies are currently trading as the weaker ones, as risk […]
Shiba Inu (SHIB) has become one of the most followed cryptocurrency developments by the crypto community of late. The SHIB is touted by many as a Dogecoin knock-off, considering that it also uses the famous Japanese breed dog Shiba Inu as its mascot. Additionally, both cryptocurrency started as jokes. That said, both projects have some […]
Computacenter (CCC) is an IT infrastructure company focused mostly on European markets, with its home base in the UK, that delivers consistent profits. Capitalised at £3 billion, the company is highly profitable with a return on equity employed of 26% and a track record of strong free cash flow growth over the past few years. […]
EURUSD Price Analysis – May 17 Buyers of the EURUSD are set to return the pair towards the 1.2200 area after Friday’s advance. As it attempts to range the price continues to rally to break higher the 1.2150. The dollar is being weighed down by falling US Treasury yields. Key LevelsResistance Levels: 1.2272, 1.2243, 1.2190Support […]
