Key Resistance: 1.2570 Key Support: 1.2520 There`s no need for long term view on this trade other that we are trend following here on a massive bearish market. 15M Chart Analysis Pretty simple and slam dunk day trade on the USDCAD here if price breaks with the immediate structure (bull flag) Price has rallied to […]
Key Support: 69.00 Key Resistance: 69.90 – 70.90 Long Term View We´ve been looking at Brent for the past couple of weeks and looking for the opportunity to go long to ride this very bullish move. From the highs Brent retraced back 6.8% and bounced from the weekly pivot. 15M Chart Analysis During the Asian […]
BNBUSD Price Analysis – March 12 There is the possibility for the price increase if the bulls increase their pressure and the $311 level do not hold, then, the resistance level at $364 and $450 is likely to be tested. The breaking down of the $254 price level will expose the coin to $196 and […]
Key Resistance Levels: $40, $42, $44Key Support Levels: $30,$28,$26 Polkadot (DOT) Price Long-term Trend: RangingDOT price is presently stuck below $38 for the past two days. The coin is now fluctuating between $36 and $38. Buyers were able to push the crypto to the high of $40 but could not sustain the uptrend. The price […]
Leaving monetary policy unchanged, the ECB indicated that it will increase asset purchases in the coming months. The move is in response to rising bond yields, which could tighten financial conditions. In terms of economic development, the central bank attributed the likely decline in 1Q21 to high levels of coronavirus infections, mutations, and restrictions. However, […]
According to Prime News, the Bank of Russia has announced that it is working on launching a prototype of its central bank digital currency (CBDC) and start piloting as early as the end of 2021. The new information got disseminated by Alexey Zabotkin, the Deputy Chairman of the Bank of Russia, in an online event […]
Key Support:0.9242 Key Resistance: 0.9190 Long Term View The USDCHF broke with the mid to long term bullish structure this week and has been sitting at the next key level which confluences with the weekly pivot for the past couple of days. Sells are in play given that the DXY (US Dollar Index) has broken […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold is presently in a downward move. Today, the price is correcting upward and retesting the resistance at level 1740. In the previous downtrend on January 18; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates […]
Uniswap Price Analysis – March 11 In case the bears were able to push down the price below the $29 price level, and the daily candle closes below the support level, then, the support level at $24 and $21 may be reached. Failure to break down the support level at $29, the price may continue […]
