NZD/USD continues to stay near the downtrend line, at 0.7030 level. An upside breakout could signal an upside reversal. The pair may continue to increase if the US Dollar Index resumes its downside movement after its temporary rebound. The United States inflation data could be decisive tomorrow. The CPI is expected to increase by 0.5%, […]
EURUSD Price Analysis – April 12 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key LevelsResistance Levels: 1.2190, 1.2050, 1.1952Support Levels: 1.1800, 1.1693, […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY was earlier in an uptrend. The pair has been facing rejection at level 85.00. On February 26 and March 18, the pair was resisted and the market declined to level 82.00. Today, the selling pressure has resumed. On March […]
Key Highlights ``BCH rallied to $715 high but faces rejection at the recent highThere is the possibility of further downward movement Bitcoin Cash (BCH) Current StatisticsThe current price: $693.12Market Capitalization: $14,546,905,387Trading Volume: $3,288,253,668Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis April 12, 2021 Bitcoin Cash is […]
In terms of monetary policy, the RBA remains committed to its three-year yield target. It will decide whether to renew this program, targeting November 2024 (currently April 2024) bonds later this year. As Chief Economist Bill Evans noted after the RBA meeting, we expect such an extension to take place, since the RBA believes that […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: April 11 In case the bulls continue to increase their momentum, the bulls may break up the $322 resistance level and Monero – Guide, Tips & Insights | Learn 2 Trade will increase towards $361 and $400 resistance levels. If the bears […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is an upward move. The index has been rising since March 9. The index has risen and it is retesting the previous historical price level at level 13885.85 to break above. On March 17 uptrend; a retraced […]
XAGUSD Price Analysis – April 11 During the previous session, the price of the white metal was under tremendous pressure and fell below the mid $25.00 mark. The selling bias would be reversed if the price rises above the $25.00 breakpoint. The lack of long-term downside is likely since US government bond yields have fallen […]
According to a recent study conducted by IDC Spain, a consulting company, businesses in Spain are adopting and using blockchain technology now more than ever. Across sectors like municipalities and public universities to corporations and industries, business organizations are adopting blockchain technology at unprecedented levels, thereby increasing the diversity and activity in the ecosystem. Based […]
