The Spanish government has begun enforcing its tough cryptocurrency stance, as the national tax agency has swung into action. Reports show that the Hacienda just issued 14,800 warning letters to citizens who have failed or are yet to declare their crypto holdings. The warning noted that defaulters would incur fines of over 5,000 euros ($5,900). […]
USD/SGD dropped right after the US inflation data was released but it could still come back higher. It’s traded at 1.3419 at the time of writing after retesting the daily pivot of 1.3414. An upside reversal is somehow expected after breaking above the major downtrend line. The pair has developed a triangle on H4 which […]
USDCHF Price Analysis – April 13 After plunging for 5 consecutive days, the USDCHF pair bounces off lows around 0.9200 early on Tuesday’s European/American session. The pair’s rebound is up around 0.9259 intraday high and at the time of this post was hovering around the 0.9213 level. The US dollar is in a cautious mode […]
Key Support: 20.00 Key Resistance: 20.55 – 20.90 -21.60 The USDMXN has been in a very strong bearish move for more than a month since it peaked back in March 8th. That´s a -7.35% move. This level is also the 0.764 pullback of the last long term bullish move. Also, this last 5-week bearish move […]
Key Resistance: 151 Key Support: 149.80 – 148.60 – 147.75 Yesterday we took a long on the GBPJPY when it broke with this week´s highs. Price failed to break with the 150.80 level so we decided to manage our risk by moving stops below the daily lows. This level confluences with the Point Of Control […]
NZD/CAD edged higher today and it seems determined to resume its rebound. Technically, the pair has developed a Double Bottom pattern, so it could jump higher in the short term. New Zealand Dollar is strongly bullish and it could appreciate versus all rivals and not only versus CAD. Still, we need confirmation before deciding to […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF has resumed a downward move after retesting level 1.1100. The pair was earlier fluctuating between levels 1.100 and 1.1150. The price has broken the lower price range. On March 8 downtrend; a retraced candle body tested the 38.2% Fibonacci […]
Key HighlightsLitecoin rallies to $264 high but faces rejection at the recent highThe altcoin fluctuates between levels $244 and $264 Litecoin (LTC) Current StatisticsThe current price: $249.05Market Capitalization: $20,921,225,185Trading Volume: $5,112,701,631Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis April 13, 2021Litecoin bulls have consistently pushed LTC on the […]
ADA Price Analysis – April 13 Should the buyers gain enough momentum and the daily candle closes above $1.31 level, ADA/USD may increase to $1.46 – $1.68. In case the sellers defend the $1.31 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.31, $1.46, $1.68 Support levels: […]
