Key Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bearish Japan 225 index is now in a bearish trend. The downward movement is caused by a bearish triple top pattern. This is a reversal pattern that reverses a previous uptrend. The bearish momentum was very powerful as […]
Key Resistance Zones: 3100, 3200, 3300 Key Support Zones: 2700, 2600, 2500 Shanghai SE Composite Index (SHCOMP) Long-term Trend: Ranging The SHCOMP index is confined between the range of 2800 and 3100. Today, price is making an upward move from the lower price level to the upper range. In late February and early March, the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin has dropped considerably and it is trading above $5,000 support level. Before the actual downward movement,the market was consolidating at the $8,000 resistance. The breakdown was very powerful as it broke the support levels of $7,000, […]
EURJPY Price Analysis – March 13 Increased selling pressures in Japanese currency at the end of the week lift EURJPY near the 119.00 marks. The BOJ liquidity injection and recovery at the early day’s risk have recently been of help to pair. Key Levels Resistance Levels: 123.37, 121.74, 199.66 Support Levels: 118.37, 117.08, 115.83 EURJPY […]
As the saying goes, Knowledge is the key. In an ever-growing world where new technological advances are happening every minute, it is necessary to stay abreast of the facts. Top crypto asset by market cap, Bitcoin had a wild run in December 2017; it hit its ATH of $20,000 which put it in the spotlight, […]
XAUUSD Price Analysis – March 13 Gold promptly returned the fall at the beginning of the Asian session to more than a month low and jumped to new session highs, as buyers return with the goal of significant growth, closer to the $1,600 mark. The latest stimulus from the Fed and market opinion about the […]
• Bitcoin recovers $1400 back in the market following a daily drop to $4000 benchmark • A break below the weekly triangle might cause serious drops for Bitcoin on a long-term After dropping sharply to $5600 yesterday, Bitcoin further dropped $1700 to reach $4000 (Bitfinex) mark earlier today. BTC market losses over 40% under 24-hour, […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bearish Australia 200 is currently in a downtrend after a sharp fall. The downward movement is continuing. It is unclear when the selling pressure will subside. The first bearish impulse reached the low of 6200 and the price […]
Kraken a U.S. crypto-currency exchange includes conventional forex trading, and this takes place to live as from today, 12 March with nine new currency pairs. Users around the world will be able to make direct trade between euro, U.S. dollars, Canadian dollars, Japanese yen, pound sterling, and Swiss francs on the Kraken platform, especially except […]
