Global News

EURUSD Indecisive Market Lacks Follow-Through Buying

Jun 06 2021 @ 04:41
EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]
 

USD/JPY Breaks Resistance at Level 109.80, Targets Level 111.78

Jun 06 2021 @ 04:21
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Today, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 Fibonacci […]
 

Annual forecast for Zoom Videos Communications (2021)

May 29 2021 @ 10:51
Zoom Video Communications stock (NASDAQ:ZM) is essentially a bearish market. This market has been a disappointment to investors, and they may lose more money because of the weakness in the market, which will hold out long enough this year. Since December 2020, until date (May 2021), the general movement in the market has been bearish. […]
 

Ripple vs. SEC: SEC Requests for the Deposition of Five Witnesses

May 27 2021 @ 06:20
In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and “the sheer scale […]
 

Is Dogecoin (DOGE) a good long-term investment?

May 27 2021 @ 06:10
You can still make money on Dogecoin in 2021! As this article is being written, DOGE has gained close to 80,000% since its creation, despite the recent large pullback in the market. Price is bound to recover from here as the market moves higher. You can make money from Dogecoin this year. Many investors have […]
 

Litecoin (LTC) Is in a Downward Move as the Altcoin May Find Support Above $340

May 13 2021 @ 10:34
Key Highlights Litecoin is in a downward move, approaching the $350 low It has a target price of $320 low Litcoin ( LTC) Current Statistics The current price: $359.37 Market Capitalization: $30,202,613,550 Trading Volume: $11,037,650,926 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 13, 2021 Litecoin has […]
 

Cardano Price May Retest $1.87 Resistance Level

May 13 2021 @ 10:22
ADA Price Analysis – May 13 When the bulls increase their momentum, the resistance level of $1.87 will be penetrated and the price may increase to the resistance level of $2.08 which may extend to $2.45 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.64, $1.46 and […]
 

USDCHF Buyers Smash Through Daily Resistance of 0.9150 on Wide Range Strengthening of US Dollar

May 06 2021 @ 08:16
USDCHF Price Analysis – May 5 During the European session, the USDCHF brings the buyers’ interest to the test, with the possibility of a recovery from the downside pressure to crack the sellers’ grasp. As technicals reveal a dominant selling side, buyers smashed through the barrier at 0.9150. The dollar is being boosted by expectations […]
 

USD/JPY Resumes Uptrend as Bulls Targets Level 111.00

May 06 2021 @ 08:05
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Since April 26, the USD/JPY pair has resumed an upward move after falling to the low of level 108.00. Firstly, the Yen has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level […]
 

Annual forecast for HSBC Holdings (2021)

Apr 25 2021 @ 04:56
HSBC Holdings Plc. shares (LSE:HSBA) are not gaining nor losing. Price has been going largely sideways since February 2021. That is expected to end this year. The market is currently below the EMA 21, and the William’s % Range period 10 is already in the oversold region. A closer look at the market shows that […]
 
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