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 […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging On February 4, Bitcoin survived the downward move as the coin rebounds after falling to the low of $9,100. For some time, the bulls and bears tussle with the price between the low of $9,200 and the […]
ConsenSys, a prominent blockchain-based company founded by the co-founder of Ethereum Joseph Lubin, has successfully acquired a US-based broker-dealer company, Heritage Financial Systems. Heritage, a broker-dealer listed with the US SEC was acquired by ConsenSys’ broker-dealer subsidiary, ConsenSys Digital Securities. The information was publicized by ConsenSys’ financial subsidiary Codefi on the 4th of February. New […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish Since February 1, the bulls have continued to bombard the resistance at $72. Unfortunately, the bulls have made two unsuccessful attempts but are unrelenting. A third attempt is also made at the resistance. A successful break at the […]
• Bitcoin remains under short-term bearish control but the bulls won’t give up • The sideways trend may resume if Bitcoin climbs well above $9200. After touching $9628 this week, Bitcoin saw a substantial price reduction with a slight break to around $9100 yesterday. This price area has provided a small rebound as Bitcoin climbs […]
USDCHF Price Analysis – February 4 The Forex pair exited the previous session with small gains and continued to rise towards the 0.9700 level on Tuesday, supported by optimistic market sentiment. At the time of writing, the pair is trading at 0.9692 level, adding 0.32% daily. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9766 Support Levels: […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Originally, the market was range-bound between $9,200 and $9,600. BTC has been on a downward move since February 2. The bears have broken the lower price range of $9,200 and continued the downward move. Before this time, […]
S&P 500 Price Analysis – February 4 The S & P 500 rose strongly in a temporary pullback to a higher zone on Tuesday as the risk-on mood is dominating the market. Buyers have gathered significant momentum, and a breakout past 3300 could retest an all-time high near 3338.50 level. Key Levels Resistance Levels: 3400, […]
