The Nasdaq crashed yesterday 5.30% to a massive key level in confluence with the retest of the mid term bullish structure, the 61.8 of the last rally and the 1.618 of the last leg up of the rally. Hidden bullish divergence detected. Should price break the current high (2 hour candle high) we should be […]
The EUR/AUD traded on a very bullish momentum in the early European session on Thursday, as the prevailing market risk mood has sent the Aussie on a bearish spiral against other major currencies. Germany reported yesterday that the country’s Business Confidence has dropped from 92.2 in December to 90.1 in January. This decline has placed […]
AUDUSD Price Analysis – January 28 AUDUSD added to its intraday losses and fell to a weekly low below 0.7600 for the 2nd day in a row at the start of the European session. Heavy selling pressure around the AUDUSD pair intensified and knocked rates down to their lowest level in two weeks around 0.7591. […]
XRP/USD Market January 28 The increase in the bears’ pressure may push the price to penetrate the support level of $0.21 level; this may decrease the price to $0.17 and $0.10. In case the support level of $0.21 does not give way, the price may increase to the resistance levels of $0.28, $0.39, and $0.49. […]
EURUSD Price Analysis – January 28 EURUSD came under downside pressure in the prior session but despite the recent price action the selling bias fades at 1.2100 in the present session. A row over vaccines is set to delay the eurozone’s recovery, however, there is more room for risk aversion. Key LevelsResistance Levels: 1.2300, 1.2240, […]
Gold is retesting a big key level where buyers have jumped in the past (Jan. 19,20,22,27 ,28) in confluence with the 61.8% of the Jan 17-20 move but also the 161.8% of the first move of the immediate down move (pink structure) Bullish divergence detected at today´s lows and hidden bullish divergence detected from the […]
Key Highlights BCH drops to the low of $370 and reboundedBitcoin Cash is likely to resume upside momentum if the current support holds Bitcoin Cash (BCH) Current StatisticsThe current price: $389.41Market Capitalization: $8,178,060,983Trading Volume: $6,672,163,220Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 28, 2021 Today, […]
Key Highlights The biggest altcoin is facing rejection at $1400 highEthereum fluctuates between $1,000 and $1,400 Ethereum ETH) Current StatisticsThe current price: $1,253.22Market Capitalization: $143,539,379,138Trading Volume: $39,489,613,323Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 28, 2020 Ethereum upward move is threatened as it faces rejection at the […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFrance’s 40 index is in a downward move. FR40EUR has fallen since January 11. Today, the market has fallen from level 5689 to level 5411.50. A further downward movement is expected. Daily Chart Indicators Reading:The index is currently at […]
