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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 […]
Gold (XAUUSD) Faces Rejection at Level $1,760, May Resume Downward
29 Apr 2021 @ 15:19
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold is presently in a downward move. The current downward move was a rejection from $1,950. On March 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Gold is expected to fall to […]
Silver Price: XAGUSD Reverses From Daily Highs, As Further Weakness Stays in Focus
29 Apr 2021 @ 15:02
XAGUSD Price Analysis – April 29 After failing to consolidate the prior week’s high at $26.30, Silver (XAG) has dropped back towards the $26.00 level with Friday’s close of $25.85 level. A sharp rise in US Treasury bond yields appears to be putting pressure on the white metal. From the last session, the benchmark 10-year […]
Annual forecast for HSBC Holdings (2021)
25 Apr 2021 @ 18:56
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 […]
Annual forecast for FTSE 250 (2021)
14 Apr 2021 @ 11:59
FTSE 250 market (FTSE:MCX) is really pulling its weight; in that it has been going upwards in the last several month, and the market bias remains bullish. From November 2020 until now, price has been making a series of high highs and higher lows. The market has currently broken outside the upper Trendline, going further […]
EURUSD Upside Run Recedes Under 1.1900 Level, Dollar Begins the Week on a Strong Note
14 Apr 2021 @ 00:07
EURUSD Price Analysis – April 13 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key Levels Resistance Levels: 1.2190, 1.2050, 1.1952 Support Levels: […]
Silver Price: XAGUSD Sustains Upside Bias Past $25 as US Dollar Remains Pressured
09 Apr 2021 @ 23:34
XAGUSD Price Analysis – April 9 The white metal managed to continue its rebound from lows of $23.78. Silver (XAGUSD) is building on Friday’s rebound above $25.00 as the US dollar remains pressured after Jobless Claims. Key Levels Resistance Levels: $27.50, $26.77, $26.00 Support Levels: $24.50, 23.50, $21.89 XAGUSD Long term Trend: Ranging The technical […]
Gold (XAUUSD) Breaks the $1,750 Resistance, Resumes Uptrend
09 Apr 2021 @ 23:18
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 […]
Annual forecast for Twitter (2021)
28 Mar 2021 @ 17:47
Twitter stock (NYSE:TWTR) has started coming down, especially this month. The new downtrend has followed a protracted bullish movement that the market has witnessed in the last several months. From October 2020 to February 2021, bulls held sway. However, from the beginning of March, a new bearish trend has ensued. Price has crossed the EMA […]
Uniswap (UNIUSD) Price Is Ranging Within $34 and $29 Price Levels, Ready for a Breakout!
27 Mar 2021 @ 01:26
Uniswap Price Analysis – March 26 In case the support level of $29 do not hold, the support level of $24 and $21 may be tested. If the support level of $29 hold, the price will continue its bullish trend towards the resistance level at $34, $39 and $42. UNI/USD Market Key Levels: Resistance levels: […]
