EURUSD Price Analysis – May 1 The Euro holds upbeat tone and consolidates to 1.0984 level in early Friday’s session towards the key level at 1.0990 under the fresh two-week top. For the third straight session this week so far, EURUSD is making headway, gaining momentum due to an increased dollar loss as a result of month-end trades. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish On April 30, BTC reached a high of $9,500 but began to retrace after the coin was overbought. Price retraced to $8,500 and continued fluctuation between $8,500 and $9,500. On April 29, the bulls were attempting to […]
Going ahead for a year after the first publication of the Libra Whitepaper, this month the Facebook digital currency project made big revisions to introduce forward Libra 2.0 in the goal of pacifying regulators and pushing the project going. Libra started as an innovative project that aimed to benefit more than two billion people globally […]
Libra 2.0: Better than a pivot, claims a member of the Libra Association Going ahead for a year after the first publication of the Libra Whitepaper, this month the Facebook digital currency project made big revisions to introduce forward Libra 2.0 in the goal of pacifying regulators and pushing the project going. Libra started as […]
AUDUSD Price Analysis – April 30 The AUDUSD pair tumbled beneath the main 0.6500 psychological level to new daily lows, however, it quickly regained a few pips later. This combined with a lighter tone across the equity markets largely fuelled the relative safe-haven status of the greenback against the supposed potentially risky currency – the Australian dollar – […]
Key Resistance Levels: 74.000, 76.000, 78.000 Key Support Levels: 58.000, 60.000, 62.000 AUD/JPY Price Long-term Trend: Bullish In April, the AUD/JPY pair was in a bull market. In March, the market fell to level 61.679. The pair resumed upward move. In its first upward move, price was resisted by the 21-day SMA at level 66.642. […]
USDCHF Price Analysis – April 30 USDCHF exchanges as at press time near 0.9735 level, reflecting a daily increase of 0.15 percent. Although the pair is turning green, they’re still stuck within the recent 0.9700-0.9800 level trading range. As a consequence, prices in a lackluster session skipped pushing significantly beyond the trading range of the prior day. […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Yesterday, BCH rebounded and broke the $250 resistance but failed to break $280 resistance. The market reached a high of $275 and became overbought. Sellers have emerged and attempting to push price downward. The bulls are contesting the […]
Bitcoin prices have been going through the roof recently, increasing further nearly 15 percent in approximately 24 hours and putting the world’s most popular digital currency towards the $9,000-level. At this level, as seen on Coinmarketcap, the digital asset had hit its highest level since early March and increased more than 15 percent over around […]
