The GBP/CHF traded on a sideways momentum in the mid-European session on Monday and was last spotted trading at 1.2128, as the pound came under renewed pressure. One of the major factors weighing the pound down is the UK’s delay in distributing the second jab of the COVID-19 vaccine. The world’s leading nation in mass […]
EURUSD Price Analysis – January 25 Earlier on Monday fresh optimism propelled the EURUSD to the 1.2183 level with some retreats to the 1.2140 mark for further positive traction as the pair acts to preserve its intraday gains. The pair met fresh supply on downbeat German IFO data, heading past the prior day’s low at […]
Gold (XAU/USD) traded on a slightly bearish tone in the early European session on Monday and was last spotted trading around the $1850 area. The yellow metal failed to capitalize on the previous session’s rebound from the $1832 level but instead resumed a bearish decline in the new week. The drop got sponsored by an […]
XAGUSD Price Analysis – January 25 The precious metal market is mixed as Silver (XAGUSD) bulls and bears tussle into a phase of consolidation at the mid $25.00 level, having rebounded from prior sessions plunge to the $25 mark. Markets are on the rise as the Biden administration pushes for stimulus ahead of the Fed […]
Last week the USDCAD rejected the 1.2600 level and wee are looking for opportunities to go long. We are looking at a bounce of the weekly lows and a break above the POC of the volume of the entire move to the downside. We are targeting next key level to the upside. Clean and simple […]
The GN rejected the 1.92 level and quickly dropped 250 pips and now is trading inside of a continuation pattern (triangle). Structurally speaking price is still trading inside of a bullish structure but the breakout of the continuation pattern (break of the lows) will bring sellers in and the immediate bullish structure will also break. […]
The EU is still trading in a very structured market and now is testing a big inflection point. We have retraced back 76.4% of the last wave down and we have hit the 127.2% retracement of the first wave up of the pullback. This fibonacci cluster confluences with a historic key level and the top […]
Key HighlightsEthereum has risen to $1,365 high to retest the recent highEther attempts the next target price at level $1,675 Ethereum ETH) Current StatisticsThe current price: $1,373.71Market Capitalization: $157,085,182,317Trading Volume: $34,871,573,652Major supply zones: $1,500, $1,600, $1,300Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 24, 2020 Ether has risen and at the point […]
The cryptocurrency community is optimistic that this year is the year US regulators finally approve a Bitcoin (BTC)-based exchange-traded fund (ETF), which would be hosted on a major stock exchange. In December 2020, VanEck reapplied for a BTC-based ETF with the US SEC. Just this week, VanEck has filed for yet another ETF dubbed the […]
