Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has reached the target price and was rejected. The price retraced to the low at level 104.62. The current support appears to be holding as there is the presence of bullish signals. The market is expected to move […]
Africa-focused e-commerce play Jumia Technologies (JMIA) stock took off after it announced a beat on its 3Q 2020 results back in November, despite an 18% fall in revenues. After a rocky debut as a public company in April 2019, when the price jumped at IPO only to fall back below the IPO price of $14.50 […]
ADA Price Analysis – February 09 The inability to break up the resistance level of $0.73 by the bulls will result in price declination towards the support level at $0.59, $0.50, and $0.43 level. The breakup at the $0.73 price level will push the price to $0.83 and $0.98 level Key Levels: Resistance levels: $0.73, […]
Key HighlightsLitecoin reaches the high of $174 but was resistedThe alt-coin plunges to $164 low Litecoin (LTC) Current StatisticsThe current price: $168.35Market Capitalization: $14,105,166,061Trading Volume: $9,936,084,311Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis February 9, 2021On February 8, Litecoin rebounded above $151 support and rallied above the $160 […]
USDCHF Price Analysis – February 9 The USDCHF pair sustained its heavy selling pressure through the mid-European session into the American session and was last seen at 0.8929 low toward 0.8920 regions. A shift in the US Treasury bond yields weigh on the dollar and was seen exerting pressure on the USDCHF pair. Key LevelsResistance […]
S&P 500 Price Analysis – February 9 The S&P 500 stays past the 3900 levels, currently near 3919 highs, during early Tuesday as it eases amid the lack of a new catalyst. The market bias stays positive following fresh interest in US bonds combined with US stimulus hopes. Key LevelsResistance Levels: 4100, 4000, 3950Support Levels: […]
Wall Street traded on a very upbeat momentum as investors flooded energy stocks and priced in another round of aid spending from Washington. The Nasdaq 100 (NDX) rose by 0.67% yesterday to record a new all-time high around 13696. The Dow Jones (DJIA) and the S&P 500 (SPX) also recorded new ATHs with +0.76% and […]
Key Highlights BCH bulls break the $480 resistance, approaches the $540 highThe altcoin may fall into the range-bound zone if the bulls fail to break above $540 Bitcoin Cash (BCH) Current StatisticsThe current price: $493.95Market Capitalization: $10,372,958,208Trading Volume: $7,177,132,700Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis […]
key Resistance Zones: 15000, 15200, 15600Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is retracing to level 13400. After retracement, the uptrend will resume. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reach level 1.272 Fibonacci extensions or level […]
