Investing Advice

GBPJPY Price Analysis – April 8 The British pound got some momentum and pushed the GBPJPY cross to fresh session highs, above the level of 134.70. The claim that UK Prime Minister Boris Johnson has been reported to be in a stable state, although he continued in ICU, appeared to be the only variable that […]

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish On March 2, there was a price spike as Bitcoin reached a high of $7,283.50. The bulls could not sustain the upward move as Bitcoin fell to $6,828. The bears are defending intensively the $7,000 overhead resistance. BTC is […]

EURJPY Price Analysis – April 3 The FX cross extends its lower fall into the European session early underneath the price level at 117.08 as the pair resumed lower. EURJPY acceleration downside remains intact, as sellers tend to force down prices. The pair’s potential target will be on the 116.00 marks. Key Levels Resistance Levels: […]

FTSE 250 stock (FTSE MCX) has had one of its hardest fall in recent times. The market is trying to go upwards but it is too early to go long right now. From November 2019 to February 2020, price trudged upwards. However, there was a massive collapse in March, following a bearish run that started […]

Tesla Inc. shares (NASDAQ:TSLA) have been going downwards in what would rather be called a jumpy and erratic manner. The signal for the market remains bearish. The ADX period 14 is round the level 30, which means that the momentum in the market is great. The DM+ is below the DM-, which means bears are […]

Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple is presently fluctuating between $0.12 and $0.17. The market appears to have reached bearish exhaustion as the coin reached the oversold region of the market. At a low of $0.12, XRP was oversold. Consequently, the bulls emerge to push XRP […]

EURJPY Price Analysis – March 27 EURJPY fell under market pressure and tumbled to sub-118.87 levels at the time of writing. Japan’s anti-risk yen attained significant ground in the US session, driving the cross to session lows near 118.87 level amid the wide-spread vulnerability of the US dollar and the fall in US stock futures. […]

Twitter shares (NYSE:TWTR) are largely directionless at the moment. This is a situation that is bound to change very soon. The market is quite choppy right now and the 4 EMAs (EMAs 10, 20, 50 and 200) do not agree with what the market is doing. The color that stands for each EMA is shown […]

PayPal stock (NASDAQ:PYPL) has become essentially bearish, though bulls are making attempt to push price upwards. That currently seems like an exercise in futility. Price dropped below the lower Trendline, and bulls are unable to move it back above the lower Trendline. At the same time, the RSI period 14 is below the level 50, […]

Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum’s recent fall was caused by the bulls’ inability to sustain above $240 price level. Since on February 25, the market has been fluctuating above $220 before its upward move to the high of $246. As the price breaks […]