Currency

Gold (XAUUSD) Breaks the $1,750 Resistance, Resumes Uptrend

Apr 09 2021 @ 09:18
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold is making positive moves as price breaks the resistance at $1,750. XAUUSD will be out of the range-bound zone if the bullish momentum is sustained. The upward move may face resistance at $1,800 and $1,840. In the previous price […]
 

Binance Coin (BNBUSD) Price Breaks $254 Price Level Downside, Further Price Decrease Is Possible

Mar 26 2021 @ 10:08
BNBUSD Price Analysis – March 26 Further price decrease envisage provided the bears increase their pressure and the support level of $196 is penetrated, then, the support level at $142 and $117 may be tested. The breaking up of the $254 price level will expose the coin to $311 and $364 price level. BNB/USD Market […]
 

GBP/JPY Sustains Recent Rallies, Continues To Push on the Upside

Mar 19 2021 @ 07:44
Key Resistance Levels: 150.000, 152.000, 154.000 Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: Bullish The GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought region […]
 

AUD/USD Retraces To Level 0.7760, Resumes Upside Momentum

Mar 19 2021 @ 07:29
Key Resistance Levels: 0.8000, 0.8100, 0.8200 Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: Bullish The AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to […]
 

Ethereum (ETH) Price Analysis: Ether Resumes Uptrend After a Minor Retracement

Mar 11 2021 @ 17:53
Key Highlights Ethereum faces rejection at the $1,880 high The crypto fell and found support above the 21-day SMA Ethereum ETH) Current Statistics The current price: $1,803.14 Market Capitalization: $207,394,211,073 Trading Volume: $23,213,843,998 Major supply zones: $2,000, $2,200, $2,400 Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 11, 2021...
 

Noteworthy: Bitcoin Could Take On Physical Note Form

Mar 11 2021 @ 17:21
Bitcoin (BTC) might leap from being a digital asset to a physical one. Noteworthy, a new US-based startup is working on creating the very first bitcoin-backed banknotes to give Bitcoin offline transaction features, which would make it more efficient and appealing for non-tech-savvy users. Noteworthy is a joint project by the former director of the US […]
 

How to find a currency pair that matches your strategy

Mar 09 2021 @ 09:32
There are several key elements to a successful forex strategy, from identifying your appetite for risk to ensuring that you apply determinism to ensure that you don’t execute rash or emotive trades. One of the more understated elements is the currency pair or pairings that you choose to trade, as it’s imperative that you identify […]
 

GBP/USD Sustains Upside Momentum, Reaches the High of 1.4025

Feb 22 2021 @ 21:34
Key Resistance Levels:1.4200,1.4400,1.4600 Key Support Levels: 1.3200, 1.3000, 1.2800 GBP/USD Price Long-term Trend: Bullish GBP/USD had been in an uptrend since September 2020. The price has been making a series of higher highs and higher lows. Today, the pair is trading at level 1.4025 at the time of writing. The RSI has indicated that price […]
 

USD/CAD Retests Level 1.2740, Resumes Downward

Feb 18 2021 @ 04:35
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is on a downward move. The downtrend was a result of the rejection at 1.2850 High. The pair fell to level 1.263 and corrected upward. The upward correction also faced another rejection at 1.2750. Nonetheless, the selling […]
 

Silver Price: XAGUSD Stays Optimistic Under $28.00 As Bulls Gather Traction

Feb 18 2021 @ 04:18
XAGUSD Price Analysis – February 18 Silver (XAGUSD) price continues to range within the $27.00 to $28.00 region as buyers support the prospect for a move beyond the $28.00 and on the other hand, sellers need to refresh monthly low for entries. Silver is currently trading at $27.05 per ounce, representing a 0.50% loss on […]
 
 
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