Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishGBP/JPY is in a downward move after its rejection at level 153.00. The pair has fallen and broken below the 21-day SMA and it is approaching the 50-day SMA. The selling pressure will resume if price breaks and closes below […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingFor the past week, DOT price has been in a sideways move after its rejection at the $46 high. Today, the Polkadot is in a downward correction as price fluctuates between levels $38 and $44. In the previous week, buyers pushed […]
BNBUSD Price Analysis – April 16 In case the sellers were able to push the Binance Coin below the support level of $503 and the daily candlestick close below it, then, the price may decrease further to test the $420 and $364 support level. Inability to break down the support level of $503, the bullish […]
AXA, a globally renowned insurance firm, has announced that its Switzerland clients can now pay for services through Bitcoin (BTC). The company noted that the newly-added payment support is in line with its “digital future” plan and emanated from high demand from customers. In 2019, AXA carried out a cryptocurrency-focused survey, where it quizzed people […]
The dollar remained under selling pressure, with most of its major competitors making modest weekly gains against the US dollar. The Australian dollar did the best and the Canadian dollar the worst, with the latter closing the day in the red against the US dollar. The upbeat US data made Wall Street lose even more […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold has been fluctuating between levels $1,680 and $1,740 for the past month. Today, XAUUSD has broken above the upper price range. If the current bullish momentum is sustained, the uptrend will continue. Daily Chart Indicators Reading:The gold price has […]
AUDUSD Price Analysis – April 15 During the trading on Thursday, the AUDUSD regained a positive bias for the 2nd day in a row, with investors now looking for a steady advance toward the 0.7800 levels. Several factors aided the trend, including upbeat market bias and a drop in US yields with a softer mood […]
Computer-vision chip designer Ambarella (AMBA) may be a niche player in the chip sector, with a market cap of $3.6 billion, but it imminently threatens to become a much more significant player. Growth companies promising jam tomorrow are a tiresome facet of stock research, but in the case of Ambarella there is evidence of future […]
Gold remains very attractive for traders and investors as the risk-off sentiment dominates the markets. The yellow metal has decreased a little in the short term but the bias remains bullish. It’s traded at 1,747.01 at the time of writing and it could resume its growth after making a new higher high. The US is […]
