Fundamentally speaking I like the upside in Gold A LOT. With this Blue Wave coming in the US (Big Democratic Control) we are going to see a lot more social based bills passed and more liquidity injection, a.k.a QE. This will kick the US Dollar down and metals, all safe heavens like the Yen actually, […]
Key HighlightsEthereum fluctuates between $1,100 and $1,300Ethereum slumps to $1,020 low and pulled back Ethereum ETH) Current StatisticsThe current price: $1,124.16Market Capitalization: $127,550,407,568Trading Volume: $43,661,698,649Major supply zones: $1,100, $!,200, $1,300Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 11, 2020Today, Ethereum has plunged to $1,020 low and pulled back. It appears the selling […]
Our short trade idea form last week is running great but at today’s open price started to trade down to a massive key level in the short term. The 141.60 is the end of wave 1 AND wave 4 in the former bullish structure that we traded the reversal on. This means that there will […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 is in an upward move. The index has reached level 31145.30. On November 6 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the index is likely to […]
According to CryptoQuant, the number of Bitcoins (BTC) left on cryptocurrency exchanges has been depleting continuously for about a year. The on-chain analytics firm noted that BTC held in exchange wallets reached an all-time high around three million during the liquidity crisis in March 2020, which saw Bitcoin fall below $4,000. As the cryptocurrency began […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an uptrend but it is reaching the overbought region. On December 10 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates The share will rise to level 1.618 Fibonacci extension. That is […]
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. The pair is facing rejection at level 0.7300. On December 17 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The NZD/USD pair will rise to level 1.272 Fibonacci extension and […]
GBPUSD Price Analysis – January 10 GBPUSD continues to grapple with upside momentum in a bid to recover the 1.3600 level while the pair underperformed in the prior week as England returned to a March 2020 style lockdown. The UK entered a harsh lockdown to prevent hospitals from collapsing due to the new virus strain. […]
XRP/USD Market January 10 Further increase in the bulls’ pressure may penetrate the resistance level of $0.36 level; the price may increase to $0.39 and $0.46. In case the resistance level of $0.36 holds, the price may reverse and the support levels of $0.29, $0.20, and $0.16 may be tested. Key Levels: Resistance levels: $0.36, […]
