S&P 500 Price Analysis – December 1 S&P 500 opened near 3662 levels, and it’s up at almost 0.50% intraday, during the initial hour of American open on Tuesday. The index has recovered upside traction after the prior day’s range trading and closes at the 3661 levels. The latest rally suggests the stimulus optimism may […]
The Nasdaq 100 (NDX) has rounded off November on a positive note, after the month up by more than 11%. This surge was mainly stimulated by the recently-concluded US Presidential election and the discovery of potential COVID-19 vaccines. These themes were the major dominating fundamental factors through November, as hopes for things to go back […]
NEO Price Analysis – December 01 The NEO price may reach the previous high at $22 provided the $19 price does not hold and further increase in the bulls’ momentum may take the price higher to the $25 level. In case the bears take over the market at a resistance level of $19, the price […]
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While the financial markets have benefited from significant diversification and evolution during the digital age, there remain some universally popular asset classes that continue to attract huge interest. Take the forex market, for example, which continues to grow and sees an estimated $6.6 trillion traded globally every single day. This volatile and highly leveraged market […]
Key HighlightsBCH rebounds, reach the high of $316The coin is likely to reach the target price of $440 Bitcoin Cash (BCH) Current StatisticsThe current price: $313.29 Market Capitalization: $5,839,272,992Trading Volume: $3,886,823,482Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 30, 2020Bitcoin Cash rebounds above $260 after recovering the […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is an upward move but it is facing resistance at level 13200. It must have reached bullish exhaustion as it faces rejection. On November 10, a retraced candle body tested the 88.6% Fibonacci retracement. This indicates that […]
Despite the recent bullish recovery from the Thanksgiving “massacre” by Bitcoin (BTC), analysts from JPMorgan Chase & Co expect a steep decline for the cryptocurrency soon. The strategist highlighted some factors that could play crucial roles soon for the benchmark cryptocurrency. A recent JPM analysis, led by Nikolaos Panigirtzoglou, noted that the Thanksgiving crash has […]
Selling of gold resumes today, breaking the $1,800 mark and reaching $1,764.31 so far. Further decline is now expected as long as the resistance at $1,818.26 is held. The current decline from 2075.18 is seen as a correction of the entire uptrend from $1,160.17. Sterling also strengthened slightly after UK Foreign Secretary Dominic Raab said […]
