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GBP/USD Breaks Level 1.4000 and Resumes up Trending

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishThe pound rebounded above level 1.3800 and broke through the price levels. The bullish momentum has broken above level 1.4000 high. For the past three months, the Pound has been in a downward correction as bulls fail to break the […]

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Ethereum Dip: Opportunity for Smart Buyers or Just Another Market Trap?

CryptoQuant CEO: Institutional Investors Responsible for Ethereum’s Parabolic Bull Rally

Since the start of the year till now, Ethereum has traded in a spectacular manner breaking record highs after record highs while significantly outperforming Bitcoin and grabbing huge chunks of market dominance. Over the past week alone, the second-largest cryptocurrency broke the $3,000 barrier, a significant milestone for the cryptocurrency. However, Ethereum has continued on […]

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AUD/JPY Rebounds above Level 83.00, Resumes Uptrend

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 7, Buyers broke the resistance level at 85.00 which has been holding since February. As price closed above the resistance level, it is assumed that the uptrend has begun. In the previous action, the pair was fluctuating between […]

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Bitcoin Cash (BCH) Slumps After Retesting $1,600 Resistance, an Upward Move Unlikely

Key Highlights ``BCH struggles to break above $1,000 resistanceThe altcoin has a target price of $1,966 high Bitcoin Cash (BCH) Current StatisticsThe current price: $1,427.16Market Capitalization: $30,075,515,477Trading Volume: $30,075,515,477Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis May 10, 2021 BCH price has rallied to retest the […]

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NASDAQ 100 (NAS100) is in a Downward Correction, Faces Rejection at Level 14000

Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNASDAQ 100 has fallen to level 13500 as bears continue to threaten to short. In April, the bulls faced rejection at level 14000 as the index resumed downward. In February, the index faces similar rejection as the market declined […]

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