Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in a smooth uptrend. The crude oil has risen a high of $64 and was resisted. The price retraced to $60 and resumed the upward move. The resistance at $64 was broken as the market continues its upside momentum. USOIL […]
Key Support: 25.00 – 24.75 Key Resistance: 26.00 – 26.70 Long Term View When it comes to metals Silver has the best potential. Gold has already made all time highs but Silver´s all time highs are at the 50 level (April 2011) when it´s trading at around $25 right now. The $25 level in Silver […]
Bridge Oracle has announced that it will be launching services on its mainnet that will enable users to use real-world connected decentralized applications (dApps) on the TRON network. The release of a mainnet is always an exciting moment for blockchain projects, as it means that the blockchain is officially open to the general public, which […]
EURJPY Price Analysis – March 5 The continuation of the selling sentiment in the Japanese yen lends extra legs to the EURJPY beyond 129.00 level at the weekend. In the meantime, the pair sustains its upside sentiments price towards the round number at 130.00. As equities and U.S. yields continue to show a strong united […]
Key support: 0.8593 Key Resistance: 0.8720 – 0.8535 Long Term View Since the highs in December the Pound has rallied 7.5% against the Euro (-7.50% move in the EUR/GBP) and last week it rejected the 0.8550 level which is a massive area of resistance turned support from May 2020. 1H Chart Analysis Price is trading […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. In the previous price action, the pair was resisted at level 150.44 and the market slumps to $148 low. Today, the price is retesting the resistance level to break it. The market will […]
Key Resistance Levels: $35, $37.50, $40Key Support Levels: $25,$22.50,$20 Polkadot (DOT) Price Long-term Trend: BearishPresently, Polkadot is in an uptrend. In the first uptrend, the coin was resisted at $40 and it retraced to $30 low. Buyers pushed the coin upward for the second time and were repelled at the resistance zone. The crypto is […]
BNBUSD Price Analysis – March 05 Further decrease in price is envisaged and the support level at $196 is likely to be tested. The breaking down of the just mentioned level will expose the coin to $142 and $117 price level. In case the decrease in price is interrupted by the bulls, the price may […]
Today the focus is on selling Swiss francs and yen. But the forex markets are heterogeneous. The commodity currencies are slightly more resilient than the Australian, but the major pairs are simply limited in a very narrow range at the time of writing. Euro, pound, and the dollar are currently mixed. But the picture may […]
