Technical Analysis

Silver (XAG) Price Analysis – November 7 The price of spot Silver (XAG) has risen significantly in recent trade having breached the $24.00 handle for now. The precious metal buyers look to conquer further barriers and pave the way for an upward move towards the $24.50 level. A continued decline in global and US yields would be […]

The Shiba Inu (SHIB) ownership concentration came under scrutiny as the meme coin continued to slide from its recent highs. According to reports, of the 872,382 wallets that hold SHIB, only ten control 72% of the total supply. Experts have expressed their concerns with this situation and that despite the abundance of transparency in the crypto industry, […]

Key Resistance Levels: $0.45, $0.46, $0.47 Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: Bullish Since October 29, Dogecoin’s (DOGE) price has been in a downward move. On October 28, the cryptocurrency was in a vertical rally as it reached the high of $0.34. DOGE price was resisted as the altcoin tested the previous resistance zone at […]

Vast Resources stock (LSE:VAST) has gone seriously south. The market has been going downwards since June 2021, gradually. However, the southwards movement gained momentum in October. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the tope left […]

Quantum Blockchain Technologies Plc shares (LSE:QBT) are currently experiencing some buying pressure. Since June 2021 till recently, the market formed a strong base, with no directional movement. Nonetheless, there has been a breakout to the upside, accompanied by slow and gradual movement to the upside. The upper Trendlines has already been broken to the upside, […]

USDJPY Analysis – Price Is Looking Forward to a Bullish Ride at the 113.400 Significant Level USDJPY is looking forward to a bullish ride after several accumulations at a significant price level of 113.400. Market accumulation proceeded due to price action seeking to give both the buyers and sellers their positions in the market. Furthermore, […]

AUDUSD Price Analysis – October 30 The AUDUSD trades higher at 0.7554 at the time of writing, up 0.50 percent during the American session. In the near term, the pair could drop lower but it remains a buy on dips. The US Dollar Index, which gauges the performance of the greenback, falls 0.6 percent to […]

Plexus Holdings Plc stock (LSE:POS) has really disappointed investors as price continues to go further and further downwards for most of this year. There is no sign of reversal in sight. The ADX period 14 is at level 80, showing there is a huge volatility in the market. The DM- is far below the DM+, […]

Angus Energy Plc shares (LSE:ANGS) are essentially bullish, against all odds. Price has been making serious effort to stay above the EMA 21 for the most part of this year, although that effort did not yield any positive results in August 2021. The market has managed to go above the EMA 21, and there is […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging On October 13, the Gold (XAUUSD) price broke above the moving averages and retested the 50-day SMA. This is an indication that the market is likely to rise on the upside. The uptrend is likely to resume on the upside after […]