An idea that has been getting thrown around recently is that Bitcoin (BTC) could hit a fresh year-to-date (YTD) high on the back of the upcoming US Presidential Election. This idea was sponsored by a recent quarterly commodity outlook published by American banking behemoth, Citigroup. The firm based its predictions on gold (XAU/USD) and its […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is fluctuating between levels 22700 and 23500. The price is fluctuating and testing the resistance and the support levels but unable to break it. The market is now consolidating in the middle of price range. Daily Chart […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. In September, the price is trading above the support line to break it. The index will trend if price breaks below it. Otherwise, the price fluctuation […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. In September, the price is trading above the support line to break it. The index will trend if price breaks below it. Otherwise, the price fluctuation […]
USDCHF Price Analysis – September 25 The USDCHF pair gained traction for the 5th day in a row and shot to 2-month highs past the 0.9200 level during the early European session. The improved dollar index is presently boosting the USDCHF bull case with a pullback most likely in the nearest future. Key levelsResistance Levels: […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]
Q3 is not turning out fine for the equity markets as many had expected. After what could be described as one of the sharpest bull runs over the past six months, American equities have come under serious selling pressure in September. While there’s high optimism over a possible vaccine by the end of the year, […]
Key HighlightsLINK may further decline to $3.50 lowThe crypto faces rejection at $10.50 Chainlink (LINK) Current StatisticsThe current price: $9.98Market Capitalization: $3,491,684,205Trading Volume: $2,402,386,922Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September 25, 2020Yesterday, LINK continues its downward move as it fell to the low of $7.30 and resumed […]
Bitcoin (BTC) traded on a goodish mood today, as price rebounds from its recent visit to the $10,200 demand zone. The cryptocurrency now trades slightly above the $10,650 supply zone and a few points away from its highest level in the past two days ($10,737). Meanwhile, data from Coinmarketcap indicate that the cryptocurrency market fell […]
