The US stock markets traded on a mixed sentiment yesterday as the Nasdaq 100 (NDX) continued to scale higher hurdles while the Dow Industrials (DJIA) dragged behind. Many sectors in the S&P 500 index (SPX) traded lower, with the energy sector leading in losses while healthcare rose with the trend. However, the SPX has rounded […]
Key HighlightsLitecoin recovers and breaks above $60 highLitecoin has a target price of $85 when the resistances are cleared Litecoin (LTC) Current StatisticsThe current price: $62.07Market Capitalization: $4,056,414,692Trading Volume: $2,551,618,695Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 1, 2020Litecoin has recovered from its previous low of $54. […]
ADA Price Analysis – September 01 The price is reversing after testing the demand level of $0.10 and the bullish trend may continue to $0.15 and $0.17 price level provided the $0.13 does not hold. In case the $0.13 level repels the price, then bearish movement may continue and the price may found support level […]
The Yen is trading in the shadows today despite mixed risk markets. Treasury yields are again weighing on the Yen, with US 10-year yields remaining stable at handle 0.73. German 10-year bonds also bounced back above -0.4%. US stocks opened slightly lower after a slight fall in Europe, but this is only a slight decline. […]
Bitcoin (BTC) continued on its ‘rocky’ momentum through the Monday session. However, despite the shaky trajectory, Bitcoin bulls have been able to defend their stance against any major downside move. Towards the end of last week, the cryptocurrency gained some positive momentum, which sent it to the $11,600 level but was immediately met with a […]
Bitcoin SV Price Analysis – August 31 The coin may commence ranging movement in case the resistance level at $198 and support level at $185 hold. Major resistance level above $198 level can be found at $217 and $237 price level. At the lower side of the market, major support levels can be found at […]
Gold (XAU/USD) has climbed higher on Monday despite the insufficient volatility in the market as a result of the U.K. bank holiday. Some bearish comments came from the Fed today after Bostic said that economic recovery is happening but at a slow pace. Also, Fed’s Clarida shed more light on the Fed’s stance noting that […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12400 and 13200. All price movements get terminated at level 13200. The index has been fluctuating since June. The index is falling and making a downward move. Daily Chart Indicators Reading:Presently, the SMAs […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is still fluctuating between levels 1.0740 and 1.0840. The price is rising at the lower levels of the market but it is facing initial resistance at the recent high. The current upward move is facing resistance at level 1.0780. […]
