Recently, I’ve been asked over and over again what my thoughts on gold are: is it going to rise, or is it going to crash? If so, how high, or how low? Every time, my answer remains the same; look at what the chart is projecting. Many traders today rarely visit the monthly chart. We […]
Funda ngokugqithisileyoKey Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishUS Wall Street 30 index is currently in a downward move. A correction candle body tested the 0.50 Fibonacci retracement level. The candle body indicates that the market will fall and reach a low of 1.618 Fibonacci […]
Funda ngokugqithisileyoResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is currently in an ascending channel. The upward move has been temporarily suspended as the share fluctuates between levels 6100 and 6300. In the meantime, it is falling to a low at level 6100. At the low of 6100, […]
Funda ngokugqithisileyoUhlalutyo lwexabiso le-GBPJPY - Julayi 5 I-sterling inokuqokelela inzuzo kwiseshoni ezolileyo ukuya kwiveki entsha ukususela ngoLwesihlanu. I-GBPJPY yahlala ibekwe emacaleni malunga nenqanaba le-134.00, kunye nemizamo ephantsi evalelwe ngabathengi kwinqanaba le-133.70. Ukongeza koku, ukuchasa umngcipheko omncinci, iimeko ze-coronavirus ezidityaniswa nokungaqiniseki kweBrexit ziyehla […]
Funda ngokugqithisileyoKey Resistance Levels: 0.66000, 0.68000, 0.70000Key Support Levels: 0.62000, 0.60000, 0.58000 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an upward move. In June, the market has been fluctuating between levels 0.64000 and 0.65500. A correction candle body tested the 0.786 entrancement level. It indicates that the market will reach a high of 1.272 extension […]
Funda ngokugqithisileyoDeFi’s leading token, Compound (COMP), is currently supplying Ethereum (ETH) assets worth more than $1 billion. Compound is a blockchain-driven credit pool that allows a lender to offer its cryptocurrencies to other users to mine and make a profit. The lender charges a fee for each transaction. This type of transaction is comparable to conventional […]
Funda ngokugqithisileyoKey Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 is still consolidating above level 22000. A correction candle tested the 0.618 retracement level. It indicates that the index will rise and reach a level 1.618 extension level. Thereafter, the market will continue up trending. Daily Chart […]
Funda ngokugqithisileyoKey Resistance Levels: 2900, 3000, 3100Key Support Levels: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Price Long-term Trend: BullishThe SHCOMP is currently in a horizontal channel. The bulls have broken above the upper price range. The index has risen and it is approaching level 3200. The market is currently in the overbought region where […]
Funda ngokugqithisileyoEURJPY Price Analysis – July 3 At the end of the week, EURJPY loses ground for the third session in a row regarding a broad-based pick-up in the risk-off trend until being turned down in prior sessions from mid-121.00. The JPY is expected to further gain from any rise in China/US tensions toward the U.S. […]
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