Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash has maintained its bullish run as the resistance at $240 and $260 were broken. Unfortunately, BCH reached a high of $280 but was resisted. The bears pulled back to the low of $260. The market is […]
USDWTI Price Analysis – April 9 WTI is trying to consolidate the rise to a fresh $28.22 level two-day high, as the bulls take a breather back from the latest recovery near the $25.00 mark. At the time of the news, US oil is trading at $27.04, still up to now. News on Thursday that […]
• Bitcoin is primed for a fresh rally but the price remains trapped with an hourly symmetrical triangle • If the bullish flag pattern fails, Bitcoin may roll back to $7100 After a quick bounce from $7072, Bitcoin keeps finding it difficult to push the price above the current weekly high of $7450. Despite that, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since April 6, BTC reached a high of $7,364 and resumed consolidation above $7,300. The market has been fluctuating above that level. The bulls are struggling to sustain the upward move while the bears are providing stiff […]
Bank of America’s chief of global banking throws fresh insight into the firm’s collaboration with Ripple. BofA’s Julie Harris reiterates the banking giant’s collaboration with Ripple in the recent Treasury Insights podcast, the specifics of which were mired in controversy for years. In explaining just what is going to occur in the banking industry in […]
GBPJPY Price Analysis – April 8 The British pound got some momentum and pushed the GBPJPY cross to fresh session highs, above the level of 134.70. The claim that UK Prime Minister Boris Johnson has been reported to be in a stable state, although he continued in ICU, appeared to be the only variable that […]
XAUUSD Price Analysis – April 8 Gold continued its consolidated volatility through the early North American session and is presently positioned around the $1,650 region in the familiar territory. Notwithstanding troubling reports about the coronavirus outbreak, the precious metal continued with momentum on the upside while staying fragile. Key Levels Resistance Levels: $1,703, $1,690, $1,675 […]
Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bearish France 40 index upward move is still facing resistance at 4500. Since March 25, the bulls are yet to break above 4500 resistance. Two unsuccessful attempts have been made to break the resistance at 4500. On the […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Finally, the bulls overwhelmed the bears after a rebound at the low of $40. The rebound took price to the high of $48. The price retraces to a low of $44 and then went up above $45. Before […]
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