USDWTI Price Analysis – January 23 The recent decline in crude oil prices could lead to a drop in prices to $ 55.00 level. Earlier this week, the EIA predicted that Brent crude prices could be slightly lower by mid-year. Key Levels Resistance Levels: $ 63.04, $ 60.34, $ 59.61 Support Levels: $ 55.00, $ […]
• Bitcoin reached key support but awaiting the next wave. • The price could bounce back if the $8500 level holds. Since our previous crypto trading signals, Bitcoin’s price has moved to the downside, touching the $8500 support at the time of writing. This support has jolted price since the last sharp correction. If Bitcoin […]
GBPJPY Price Analysis – January 22 The Fx pair is bullish after the weakening of the Japanese yen and the strengthening of sterling. Although the GBPJPY remains moderately changed, trading around 144.36 level during the Asian session into the European session. The pair struggled between optimistic news and widespread risk aversion of the prior day. […]
XAUUSD Price Analysis – January 22 Gold came up short on a consistent directional inclination and changed between little additions/marginal losses in the European session on Wednesday. Returning to an early plunge in the region of $ 1,550 level, gold is presently near the upper limit of its daily trading range, although it remains beneath […]
Security token offerings (STOs) are one of the most revered investment options in the crypto space at the moment. It has even been termed the “future of fundraising”. But what exactly are STOs and what is the rave all about? This article aims to break down STOs, what it is all about, and how it […]
Key Resistance levels: $0.025, $0.030, $0.035 Key Support Levels: $0.015, $0.010, $0.005 TRX/USD Long-term Trend: Ranging Presently, TRON is in a bullish trend as the coin approaches the high of $0.017. The coin is also facing resistance at the same price level. In retrospect, since the last bearish impulse, TRON fell to the low of […]
• Bitcoin regains momentum back to $8800 resistance. • The leading cryptocurrency continues to rely on the $8500 support After trading around $8600 for a few days, yesterday, Bitcoin’s price increased by 3% to reach $8800 level. This level is currently suppressing the bullish pressure. If a break occurs, we should see a further gain. […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is in a stalemate as the bulls failed to break above $9,200 resistance level on January 19. For the coin to avoid a breakdown, Bitcoin has to stay above $9,200 or $10,000 price level. Previous price […]
USDCHF Price Analysis – January 21 The USDCHF pair fluctuated in a narrow trading range beneath 0.9695 level with the latest optimism about the long-awaited US-China trade deal at the first stage, which supported the recent rally in global financial markets and continued to put pressure on the perceived safe-haven status of the Swiss franc. […]
