Gold is trading in the red at the time of writing after failing to close above 1,749.00 yesterday’s high. The price has decreased to test and retest the immediate downside obstacles. It remains to see if the buyers will be strong enough to keep the price in the bullish territory. The current decline could be […]
Ripple (XRP) has spiked to a new three-year high to almost $2 as Europe’s largest cryptocurrency investment firm, CoinShare, launches an XRP-focused ETP. After releasing exchange-traded products (ETP) for Bitcoin, Ethereum, and Litecoin, CoinShares has trained its focus on an XRP ETP. The Europe-based crypto investment firm revealed that the XRP ETP would get listed […]
JP225 trades at 29,627 level at the time of writing being located within a minor range. The index moves sideways trying to find a new direction. The price is trading in the red but the outlook remains bullish. Nikkei has developed a major triangle that could bring great opportunities to the pairs that have the […]
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 downtrend. The pair made a brief uptrend to level 1.2600 on March 30. For the past week, the upward move has been interrupted at the recent high. On the upside, if buyers fail to break […]
Key HighlightsEthereum bulls break resistances at $2,150 and $2,200The biggest altcoin has broken resistance at level $2,300 Ethereum ETH) Current StatisticsThe current price: $2,349.68Market Capitalization: $270,957,376,500Trading Volume: $30,816,542,480Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 14, 2021 Buyers have broken the $2,150 and $2,200 resistance as Ether […]
The US dollar remained fairly weak yesterday, even though the yield on 10-year US bonds rose slightly, and the market’s attention turned to the CPI for March. Note that US CPI growth is expected to accelerate in March, and if that happens, it could heighten expectations of further inflationary pressures in the US economy, which […]
With Coinbase getting set to launch its public listing on the Nasdaq tomorrow, investors are on the edge of their seats for what they hope could be a massive milestone for the adoption of Bitcoin (BTC) and cryptocurrencies in general. This event would be the first time in history a cryptocurrency exchange as big as […]
Key Resistance Zones: 33000, 33500, 34000Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is retracing after the index tested level 34000 resistance zone. Besides, the index is trading in the overbought region of the market. The Fibonacci tool has indicated a possible reversal at this level. Meanwhile March 18 […]
Croda International (CRDA), the UK chemicals company, sounds like a dusty industrial stock – not very exciting but a steady earner and payer of dividends. Well Croda certainly pays a dividend, although with a lowly yield of 1.7% and its earnings are consistent and predictable, and have been on an upward growth curve for the […]
