Technical Analysis

Alphabet Inc. market (NASDAQ:GOOG) has been experiencing a bearish correction since December 2021, until now. It is expected that the downward trend will continue, especially in case the condition mentioned below is fulfilled. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each […]

Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]

Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]

Gulf Keystone shares (LSE:GKP) are currently going upwards, following the bearish movement that happened in November and December 2021. There is a new bullish signal in the market. Price is now above the EMA 21, and the William’s % Range period 20 is sloping upwards, and it is currently in the overbought region. This is […]

Meta Platforms stock (NASDAQ:FB) is a choppy market. Recent price action shows trendlessness, but it may go out of balance soon, resulting in a prolonged directional movement. The ADX period 14 is below the level 20, which means there is less momentum in the market right now. The DM- is below the DM+, which means […]

EURJPY Annual Forecast – Price Is Set to Scale New Heights With a Bullish Flag Formation The annual forecast for EURJPY is for it to scale new heights, having conformed to a bullish flag formation. The bullish flag formation, an offshoot of the triangle pattern, began towards the tail end of 2020 as bulls began […]

GBPJPY Annual Forecast – Bulls Have the Bias in a Ranging Market The annual forecast for GBPJPY points to a bias in the bulls’ favor. The market has been in a ranging pattern as bulls and bears tussle for preeminence. Despite the bears’ being more aggressive, bulls are favored to gain preeminence. This is chiefly […]

Key Highlights LTC price resumes downward correction Litecoin fluctuates between $144 and $155 Litecoin (LTC) Current Statistics The current price: $148.18 Market Capitalization: $12,451,441,024 Trading Volume: $12,451,441,024 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 5, 2022 Litecoin’s (LTC) price is still in a downward...

BNBUSD Price Analysis – January 09 Further increase in the sellers’ momentum will push down the Binance Coin to break the support level of $430 and if the daily candlestick close below it, then, the price may decrease further to test the $364 support levels. BNBUSD Market Key levels: Resistance levels: $503, $540, $599 Support […]