Virgin Galactic’s (SPCE) share price took a hammering after the failure of its SpaceShipTwo Unity spacecraft test flight in December, but encouraging news yesterday has seen the stock’s ascent resume. The aborted test flight on Saturday 12 December led to the share price falling its most since March 2020, dropping from $32 to %26, a […]
Wall Street saw a significant bull rally on Thursday, causing the top indexes to record new all-time highs. The rally came on the back of the recent Georgia Senate runoff, which saw Democrats win both seats. The ‘Blue Wave’ outcome means that the Biden administration will control both the White House and Congress, which will […]
USDCHF Price Analysis – January 8 USDCHF eases from 0.8884 high, also the intraday top, to 0.8847 during early Friday. Even so, the quote prints 0.06% gains on a day while maintaining mild gains at the upside. USDCHF is trading around 0.8858 as rising US yields boost the dollar. Tension mounts toward US Nonfarm Payrolls […]
The Pound-Yen is retesting for the third time a key level at the end of a bullish structure. This structure has hit short term bullish targets at the top of the range printing an important bearish divergence. This level is very important because it was the level that held price for 90 days (Nov 2019 […]
Price Analysis – January 08 Should the bears have enough momentum to break down the support level of $3.0, then, the price may test the $2.7 and $2.4 support levels. In case the bulls maintain their momentum, the resistance level of $3.7 and $4.4 may be reached. Key Levels: Resistance levels: $3.3, $3.7, $4.4 Support […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAU200AUD is in a sideways move below level 6800. The index has been fluctuating between levels 6600 and 6800 since November 24. Australia 200 is likely to fall as it reaches the overbought region of the market. It is […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe pound has been in a sideways move since December. Today, the Pound is falling but in lower lows and lower highs pattern. The pound has made lower highs and it is falling. Perhaps it will fall and break below […]
Key HighlightsBCH has risen to a high of $480 but was repelledThe coin is fluctuating above the $440 price level Bitcoin Cash (BCH) Current StatisticsThe current price: $440.37Market Capitalization: $9,170,086,500Trading Volume: $8,131,869,629Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 8, 2021Bitcoin Cash has broken above […]
The dollar continues to recover, but it looks like there are no further purchases yet. It remains one of the weakest of the week along with Sterling. The Aussie and New Zealand dollar are also losing some of their gains this week. The US Senate and House of Representatives have confirmed the victory of President-elect […]
