Key Resistance Levels: 1.42000, 1.44000, 1.46000Key Support Levels: 1.34000, 1.32000, 1.30000 USD/CAD Price Long-term Trend: RangingThe Loonie is in a downtrend. In June the pair fell to level 1.3300 low and resumed a sideways move. It is fluctuating between levels 1.3400 and 1.3700. These range-bound levels have not been broken since June 8. Today, the […]
Bitcoin (BTC) will reach $50,000 over the coming 6 months, as per Nexo’s co-founder and managing partner Antoni Trenchev. Trenchev claims Bitcoin is going on a bullish wave to smash its current high record (ATH) of $20,000, touching $50,000 by year-end. He said this at a recent BlockDown conference in an interview. Trenchev clarified that […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. It is currently in a sideways move between level 19000 and 20400. Presently the upward move has reached the resistance level. The index is likely to take a downward move if repelled at […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an upward move. The upward move is facing resistance at level 0.65000. The Kiwi will make a downward move if it fails to break the current resistance. The New Zealand dollar will reach a high of […]
USDCHF Price Analysis – July 7 The US Dollar versus the Swiss Franc is currently trading in a descending channel pattern. The currency pair has declined by 1.45% since last week’s trading sessions. Sellers may aim at the 0.9300 level on negative bias within the following trading sessions. Key levelsResistance Levels: 1.0027, 0.9766, 0.9500Support Levels: […]
S&P 500 Price Analysis – July 7 S&P 500 declined to 3149 levels, down 0.21% on a day, after markets reached two weeks high at 3194 level trading on Tuesday. The risk barometer surged to the highest since June 19 in the prior session while marking fresh gains on Wall Street. Key LevelsResistance Levels: 3300, […]
Gold (XAU/USD) was seen trading around the $1,775 level after nearing its multi-year high that was set last Wednesday. A combination of favorable conditions failed to help the commodity add to the gains recorded in previous trading sessions, instead, it was set into a range-bound mode on Tuesday. Increasing concerns about the ever-rising Coronavirus cases […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe pair is currently in a sideways move between the levels of 110 and 108.500. Presently, it is in a tight range between levels 106 and 108. The market has been fluctuating within the tight range. The price is consolidating […]
VaultAge Solutions CEO Willie Breedt is on the run from investors following default on payments. The South African crypto company’s CEO declared bankruptcy before leaving the grid to elude its creditors. It’s nearly 2000 customers spent over R227 million (about $16.3 million) in the 2 years that VaultAge has been in operation. Several investors have […]
