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Ethereum (ETH) Price Analysis: Ether Slumps To $2,200 Support, Upward Move Likely

Key HighlightsEthereum rallies to a high of $2,544Ethereum retraces but may find support above $2,200 Ethereum ETH) Current StatisticsThe current price: $2,309.57Market Capitalization: $267,818,777,415Trading Volume: $33,860,619,735Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 18, 2021 Ethereum bulls pushed the biggest altcoin to a high of $2,544 but […]

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Dollar Declines in Calm Markets As Gold Continues Its Rally

The dollar is declining today, but there are no further selling in calm markets. However, the dollar will end the week with the worst performers, followed by the Canadian and Swiss francs. Sterling fell noticeably today but recovered quickly. The Aussie and New Zealand dollar are underperforming, consolidating this week’s gains as both are their […]

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EURJPY Continues Rangebound Action, Extends Recovery Ahead of 129.97 Level

EURJPY Price Analysis – April 16 Since the day’s start, the EURJPY has been in a rangebound action above the 129.97 level, despite alternating risk aversion patterns and declining yields in the US bond market. The currency pair tested the 130.54 high during Friday’s trading session. Key LevelsResistance Levels: 131.98, 131.00, 130.66Support Levels: 129.56, 128.29, […]

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Russel 2000 Determined To Resume Its Uptrend!

Russel 2000 index trades at 2257.85 at the time of writing and it seems ready to jump higher after invalidating a larger correction. The rate moves in a narrow range in the short term flirting also with a dynamic resistance. Technically, the index could validate a further upwards movement soon if it takes out the […]

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GBPUSD bounces from post Brexit lows

Key Support: 1.3654 Key Resistance: 1.40 – 1.420 The GBPUSD has been rallying since it bottomed at around 1.15 back in January 2020. The 1.3500 zone was a struggle for buyers since this level was the retest of the post Brexit lows break. Historically a KEY level. In the shorter time frame price is trading […]

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