Some renewed fears over the global spread of the coronavirus appear to be halting the rise in risk. In Japan, the governor of Tokyo is pushing the government to declare an emergency to contain the spread of infections ahead of the Olympic Games in just three months. The situation in some countries, such as India, […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishPresently, US30USD is in a downward move. The index is falling after reaching a high of 34270.40. Today, the market has declined to the low of level 33737.0. There is the possibility of a further downward move […]
With the ever-increasing adoption of Bitcoin (BTC) around the world, an inside source claims that the United States government is in the early stages of developing regulatory guidelines for the benchmark cryptocurrency and the cryptocurrency industry at large. One source told Charlie Gasparino, the host of FOX Business, that the impending regulation, led by treasury […]
EUR/NZD is traded at 1.6746 after failing to close below an immediate downside target. The pair stands right above a strong support area. Only a valid breakdown through this zone could change the sentiment and could bring a short opportunity. The pair moves sideways in the short term, that’s why we have to wait for […]
Sitting in the basic materials sector, Swiss-based Ferrexpo, as its name suggests, is in the iron ore business. It makes iron pellets for the metallurgical industry – the pellets are consumed by blast furnaces. With resources stocks continuing to outperform on hopes of the recovery in industrial production spreading out from China to the rest […]
ADA Price Analysis – April 20 An increase in the bears’ pressure can decrease the price to $0.98 and $0.83 support level provided $1.11 level does not hold. Should the buyers gain enough momentum and the daily candle closes above $1.23 level, ADA/USD may increase to $1.31 and $1.46. ADA/USD Market Key Levels: Resistance levels: […]
USDCHF Price Analysis – April 20 During the first half of the European session on Wednesday, the USDCHF pair continued its downward trend, falling to seven-week lows near 0.9135 level. In the wake of USD weakness, the pair appears to be having trouble staging a meaningful rebound. As of this writing, the pair is trading […]
The Ukrainian parliament, the Verkhovna Rada, has assumed a stiff stance against citizens who do not disclose their cryptocurrency holdings on their tax fillings. The bill, which passed with 283 votes out of 450 members, seeks to criminalize the evasive act and aims at fining or jailing offenders. According to the bill, domestic cryptocurrency investors […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingSince March 4, the EUR/CHF has been in a sideways move. Buyers have not been able to push the pair above level 1.1100. Each time, the market rises to level 1.1100, the currency pair will fall to level 1.1000. This […]
