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

06 Jun 2021 @ 18:21
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)

30 May 2021 @ 00:51
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

27 May 2021 @ 20:20
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?

27 May 2021 @ 20:10
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 […]
 

XAGUSD Boosts Gains From Weekly Lows, Further Advances Likely

20 May 2021 @ 20:18
At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, […]
 

Gold (XAUUSD) Rebounds above $1,780 Support, Resumes Uptrending

20 May 2021 @ 20:02
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle body […]
 

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

14 May 2021 @ 00:34
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

14 May 2021 @ 00:22
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

06 May 2021 @ 22:16
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

06 May 2021 @ 22:05
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 […]
 
 
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