EURJPY Price Analysis – February 28 In addition to the hysteria surrounding COVID-19, EURJPY is distressed from additional JPY-buying amid increasing global demand for a safe-haven. Against this context, the near-term horizon should not rule out a push to the region of 2020 lows close to the 118.46 level. Key Levels Resistance Levels: 122.87, 121.47, […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Surprisingly, the downward move has reached an advanced stage as Bitcoin approaches the next support at $8,400. In its downward move, the price fell to $8,500 low and made a pulled to retest $9,000 price level. After […]
S&P 500 Price Analysis – February 28 The S & P 500 has a deep pullback beneath Simple Moving Averages (SMAs) while selling pressure hit past 3100 levels downwards at new lows in 2020. The spread of Coronavirus makes investors fear global growth. Continuous stays beneath the stated level may increase further selling expanding down […]
• Bitcoin recently saw a mild recovery but failed to surpass $9000 • The short-term bearish correction remains valid while Bitcoin consolidates Over the past 24-hours, the entire crypto market saw a small recovery but now back on a bearish mode. Though Bitcoin has been quite stable at around $8800; following a sharp bounce from […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish Since February 15, BCH has been on a downward move. The coin has fallen to a low of $301 which is below the breakout level of $360. At this current support, BCH has fallen to the oversold region […]
For Illegally promoting an initial coin offering (ICO) carried out in February 2018 by BitCoiin2Gen(B2G). Seagal was unable to report $250 million in cash, and an additional $750,000 worth of B2G tokens in exchanges for the promotion of the ICO, according to a declaration issued by SEC. His promotion included the “miss out” of Bitcoinn2Gen’s […]
AUDUSD Price Analysis – February 27 The AUDUSD pair capitalized on a large USD weakness, after reaching its lowest price level on Wednesday in over 10 years at 0.6540 level while holding on to recent gains on Thursday, the FX pair rebounded, going up by 0.55% daily and presently at 0.6585 level. Key Levels Resistance […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin is still on a downward move. On February 25, the bears broke the support at $9,200. After the support at $9,200, the selling pressure continues, as the bears approach the next support at $8,400. Nevertheless, the […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bullish The index is in an uptrend. It has been making a series of higher highs and higher lows. On July 29, 2019, the market reached its high of 6800. It was said to be in the overbought […]
