AUDUSD Price Analysis – February 7 The Australian dollar versus the US dollar continues to lose and attack the support area of 0.6700 level in the European session, as the optimistic data report failed to salvage the bulls on the Australian dollar. The tone of market risk also failed to ignore the challenges facing the […]
• Bitcoin is stuck under $9800 but a continuation is likely if buyers push stronger. • The next mid-term targets for Bitcoin is $10400 resistance, $9200 may come as support. Bitcoin continued to show strength after claiming $9800 (Bitfinex) yesterday, though the market has since remained stable around this mentioned price. Bitcoin is gathering momentum […]
Thousands of start-ups and ventures are desperately looking for capital to finance and scale their ambitious growth plans yet can’t seem to get the funds from classical avenues like venture capital funds, incubators and family offices. Meanwhile, millions of interested investors are looking for promising investment opportunities outside of the classical stock and financial markets. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Following a week of range-bound movement between $9,200 and $9,600; the bulls finally broke the resistance at $9,600. Bitcoin is now trading above $9.700 at the time of writing. As the bulls break the upper price range; […]
A member of the US Fed’s board of governors has indicated that the establishment has adopted a more accommodating stance towards central bank digital currencies unlike in the past. Lael Brainard, who is the chair for numerous Fed committees, made this statement at a symposium hosted at the Stanford Graduate School of Business on the […]
Key Resistance Levels: $275, $300, $5 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash is still in an uptrend as the coin reaches a high of $450. BCH is retracing from the recent high after resistance. The $450 resistance level was the historical price level of May 2019. The bulls […]
• Bitcoin is set to print a new monthly high after breaking out of a week consolidation cycle. • Following the recent break, Bitcoin now relies on $9600 for the next major rally. In our previous crypto trading signals, we mentioned the next potential move for Bitcoin after locating support around $9100 yesterday. Now, this […]
GBPJPY Price Analysis – February 5 Buying sentiment around the British Pound increased slightly during the early European session on Wednesday, while the British Pound rose versus the Japanese Yen beyond the 143.00 level, or near the two-week highs in response to the upbeat UK macroeconomic data. Key Levels Resistance Levels: 148.66, 147.95, 144.60 Support […]
XAUUSD Price Analysis – February 5 Gains in stock markets put the gold price under control. Precious metals are declining for the second day in a row. Notwithstanding financial specialist anxieties about the effect of the Coronavirus, stocks clutched gains. The fall additionally came in the midst of the trading of the US dollar on […]
