Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has resumed a downward move after rejection from level 0.7300. The pair fell to level 0.7100 and corrected upward. The downward move has resumed after breaking below level 0.7200. The price has broken below 21-day SMA and a […]
“But you never know! It could turn out to be a great trade.” – Joe Ross Before you open that trade, what are your aims and ambitions as a trader? Although the markets do not offer guarantees, why are you placing this trade?Before you open that trade, note that your trading system is not perfect. […]
The cryptocurrency industry is taking no breaks in its erratic moves. The past few weeks are testimony to this fact. Over the past few hours, Bitcoin (BTC)—and many altcoins—have recorded yet another erratic session, leading to significant liquidation across the board. Reports show that about $400 million worth of both long and short positions have […]
Key HighlightsThe crypto has a target price of $26The bulls have broken the resistance at $17 Chainlink (LINK) Current StatisticsThe current price: $19.75Market Capitalization: $19,637,590,383Trading Volume: $6,365,489,134Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis January 15, 2021Chainlink has made a positive move as it rallied to $21. Today, […]
Range trading continued today in oil markets, with WTI content consolidating price gains near the highs of recent ranges. A neutral day for the US dollar saw buyers come back again, leading to a slight increase in prices overnight. The rebound in WTI oil stopped near Wednesday’s high of $53.93. Bouncing up Thursday from $52.24, […]
BNBUSD Price Analysis – January 15 In case the sellers were able to push the price below the support level of $37 and the daily candlestick close below the level, then, the price may decline further to test the $31 and $27 support level. Inability to break down the support level of $37, the bullish […]
Key Resistance Zones: 27200, 27600, 28000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has been in an upward move. Presently, it is facing rejection at level 29000. The index has retraced to level 28167.70. The upward move is likely to resume as the price action is indicating an upward move […]
Germany stocks traded higher on Thursday, as Transportation and Logistics, Industrials, and Media sectors saw significant gains. At the close of the market yesterday (Frankfurt time), the DE30EUR (DAX) grew by about 0.4%, while the MDAX and TecDAX rallied by 0.87% and 0.08%, respectively. The best performers under the DAX were Volkswagen (DE: VOW3), which […]
Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The index rallied to level 3600 and pulled back. SHCOMP has fallen and it is resuming upward, retesting the resistance level. A break above the resistance will mean an upward movement […]
