Financial markets are trading in a mixed-mode today. The sentiment is a bit downward-looking due to coronavirus fears, but the sell-off is relatively small so far. There is also no clear impulse for the yen and dollar to continue the rebound. The Canadian dollar reacted little to the rise in inflation data in March. It […]
WeWork has joined the growing list of large companies to begin accepting cryptocurrency payments. The global office-space provider announced that it partnered with Bitpay and Coinbase for “inbound and outbound” transactions. WeWork is a leading provider of workspace and environments for individuals and businesses, from freelancers to Fortune 500 companies. With more than 800 workspaces […]
DAX 30 stock index drops at the time of writing after reaching a monthly resistance. Actually, a temporary decline could be natural. A retreat could help us to catch a new upside momentum. As you already know, the German index registered a new all-time high of 15,521.6, so it’s risky to buy around this top. […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX is in an uptrend. The index retested level 7050 and fell to level 6857. FTSE 100 is now resuming a fresh uptrend to revisit the previous highs. On the upside, if price breaks the resistance at level 7050, the uptrend […]
S&P 500 Price Analysis – April 21 The S&P 500 Index has nearly reached the 4200 levels, as buyers pushed the price to register a temporary peak at the start of the week. The risk barometer tracks the stock market’s declines in the United States as a result of the coronavirus (COVID-19) concerns, thus ignoring […]
James Filan, the attorney representing Ripple Labs and two of its executives, recently tweeted that a discovery conference has been called between the US Securities and Exchange Commission (SEC) and Ripple (XRP) and could swing in favor of his clients. The conference will address the SEC’s attempts to obtain information from foreign regulators against Ripple […]
STELLAR Price Analysis – April 21 Should the bears push down the price below the support level of $0.50, support level of $0.42 may be tested and the price may further decrease towards $0.33. In case the bears are unable to break down the $0.50 level, there may be a breakup of the resistance level […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD pair is in a bullish moventum for the past three days. The currency pair has been rising on the upside. Buyers have broken above the moving averages. However, the uptrend is facing resistance at level 1.2600. The implication is […]
Key HighlightsEthereum is stuck below $2,360 resistanceThe biggest altcoin fluctuates between $2,275 and $2,350 Ethereum ETH) Current StatisticsThe current price: $2,327.71Market Capitalization: $269,505,078,336Trading Volume: $38,035,086,526Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 21, 2021 Ethereum is in a downward correction as buyers push Ether on the upside. […]
