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Investment Companies
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 […]
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 […]
Ethereum (ETH) Price Analysis: Ether Retraces But Stuck Below $2.360 Resistance
23 Apr 2021 @ 16:44
Key Highlights Ethereum is stuck below $2,360 resistance The biggest altcoin fluctuates between $2,275 and $2,350 Ethereum ETH) Current Statistics The current price: $2,327.71 Market Capitalization: $269,505,078,336 Trading Volume: $38,035,086,526 Major supply zones: $2,000, $2,200, $2,400 Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 23, 2021 Ethereum is in a...
Ripple Surges as CoinShare Launches Ripple-Based ETP
23 Apr 2021 @ 16:21
Ripple (XRP) has spiked to a new three-year high to almost $2 as Europe’s largest cryptocurrency investment firm, CoinShare, launches an XRP-focused ETP. After releasing exchange-traded products (ETP) for Bitcoin, Ethereum, and Litecoin, CoinShares has trained its focus on an XRP ETP. The Europe-based crypto investment firm revealed that the XRP ETP would get listed on […]
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 […]
