Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish Since on March 12, the bulls have been consistent in its upward move as it broke the resistance line of the descending channel. BCH has reached a high of $230 and it is approaching the resistance at $240. […]
AUDUSD Price Analysis – April 2 The AUDUSD has struggled to stay slightly beyond the level of 0.6000 as a positive tone of pausing US equities and dollar bulls, inflating risk-sensitive Aussie, overriding rebound by increasing strength. Right now, on selling bias, the 0.6000 level may still buffer and yet the risk-reward may support a […]
USDWTI Price Analysis – April 2 WTI oil price recovers nearly 10 percent on Thursday amid improved global optimism with widespread gains and bullish bias beyond the $22.00 level. Fresh optimism amongst traders stems from attempts by President Trump to encourage Russia and Saudi Arabia to strike a bargain and close the price dispute. Key Levels […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Yesterday, April 1, Bitcoin was hovering above $6,300 as the market moved up above the breakout level to reach $6,800. Above the breakout level of $6,400, the bulls were able to push the price upward. The bulls […]
Blockstale BTM, the firm that has launched the ATM in the Lagos state’s Dazey Lounge and Restaurant, plans to introduce more than 30 terminals throughout Nigeria. “Considering most of the regulatory concerns regarding digital currencies in Nigeria, Nigerians are the top cryptocurrencies merchants in Africa,” CEO and owner of Blockstale, Daniel Adekunle, informed the local […]
• The price dropped below $6300 level after losing 3.49% today • Bitcoin resumes selling pressure after facing strong rejection at $6600 resistance • The next price target for Bitcoin is located at $6000. After opening short for the new month, Bitcoin lost 3.49% today to reach a current daily low of $6170 mark. As […]
Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bearish France 40 index is in a downtrend as the market reaches a low of 3750. The index is currently in an upward move because 3750 support is holding. The upward move is currently hampered by the resistance […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin is in a tight range and trading below $40 resistance. The bulls have broken the resistance line of the descending channel. LTC is still facing selling pressure despite breaking the resistance line. The breaking of the resistance […]
GBPJPY Price Analysis – April 1 The FX cross is presently stalled close to 134.00 sub-levels, for the 4th consecutive day in a row, having attempted to take out the price at 134.72 level. The Pound was under tension because Fitch reduced its UK long-term issuer default ratings to AA- from AA, noting the deterioration […]
