Vice Minister of Strategy and Finance is calling on the blockchain industry to take advantage of the “perfect” prospects. The government of South Korea has said the blockchain market portrays a “rare prospect” for the nation. They also are relying on South Korean private-sector businesses to harness the advantage. As shown in a study released […]
Key Resistance Zones: 23200, 23600, 24000 Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: Bearish Japan 225 index is trading below 20000. In today’s candlestick illustration, there is a candlestick with an upper long shadow. This indicates that buyers were able to push price to the 20000 resistance but were overwhelmed. The […]
Key Resistance Zones: 3100, 3200, 3300 Key Support Zones: 2700, 2600, 2500 Shanghai SE Composite Index (SHCOMP) Long-term Trend: Ranging SHCOMP index is still fluctuating between the levels of 2800 and 3100. On March 5, the bulls reached a high of 3074 and were resisted. The market continued its downward move. The price breaks the […]
EURJPY Price Analysis – April 17 EURJPY stays underneath strong downside tension this week so far in reaction to the soft European currency numbers and safe-haven capital flows lifting the Japanese yen to the lows around the sub-117.00 level of 2020. Key Levels Resistance Levels: 122.87, 121.00, 119.24 Support Levels: 116.12, 115.83, 114.84 EURJPY Long term […]
USDCHF Price Analysis – April 17 During the European session on Friday, USDCHF stays soft at around 0.9660 level into the American session and, in doing so, the pair stays neutral while retaining market action for sellers as well. The early optimism concerning COVID-19 virus treatment proved out to be short-lived after Gilead Sciences issued a […]
• After breaking above $7000, Bitcoin remained indecisive due to low buying volume • Bitcoin is looking bullish but a drop below $6900 could introduced sellers back in the market Yesterday, Bitcoin finally decided on where next it’s heading following a quick pump from $6500 (which now holds as weekly support) to $7200, which suppressed […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since April 7, Bitcoin has been fluctuating between $7,400 and $6,600. Yesterday, the market reached a high of $6, 985 and was repelled. Immediately, BTC dropped to a low of $6,500. At the moment, the bulls have […]
The Libra Association is withdrawing from its initial plan of a single digital currency backed by a pool of national currencies, in an attempt to satisfy international regulators. The group that Facebook organized last year is now preparing to create a range of Stablecoins each representing a different national currency. One libra token, for instance, […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bearish The index is still in an upward move. Yesterday the bulls were resisted at the price of 5500. Today, the market is showing some bearish signals as the market continues its downward move. On the downside, if […]
