Technical Analysis

Key Resistance Levels: 150.000, 152.000, 154.000 Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: Bullish The GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought region […]

Key Resistance Levels: 0.8000, 0.8100, 0.8200 Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: Bullish The AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to […]

Verizon Communications Inc. stock (NYSE:VZ) is essentially a bear market, and the bearishness may continue for some time, unless the upper Trendline is breached to the upside. The market is currently choppy and rough, and the probability of price going downwards is higher than its probability of going upwards. The RSI period 14 is slightly […]

PayPal Holdings Inc. shares (NASDAQ:PYPL) are currently engaged in a bearish movement, and buyers’ effort to push up the market has invariably been scuttled. The market was bullish from October 2020, until the middle of February 2021. After that, it began trending downwards, generating a short-term bearish signal. 4 EMAs are used for this analysis, […]

Key Highlights Ethereum faces rejection at the $1,880 high The crypto fell and found support above the 21-day SMA Ethereum ETH) Current Statistics The current price: $1,803.14 Market Capitalization: $207,394,211,073 Trading Volume: $23,213,843,998 Major supply zones: $2,000, $2,200, $2,400 Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 11, 2021...

Bitcoin (BTC) might leap from being a digital asset to a physical one. Noteworthy, a new US-based startup is working on creating the very first bitcoin-backed banknotes to give Bitcoin offline transaction features, which would make it more efficient and appealing for non-tech-savvy users. Noteworthy is a joint project by the former director of the US […]

Ethereum Classic (ETC) traded with a mild bullish momentum in the early trading hours on Monday, as the cryptocurrency market slowly recovers from last week’s crash. The crash caused Bitcoin (BTC) and other cryptocurrencies to fall by double-digits under a few hours. At press time, ETC is trading at $10.80, up by about 3.3% on the day. That […]

Bitcoin SV Price Analysis – March 01 The coin may bounce up from the support level of $171 provided the mentioned level holds and the price may increase towards the resistance levels of $185, $198, and $217. In case, the bears were able to penetrate the $171 downside, the support level of $152 and $134 […]

EBay shares (NASDAQ:EBAY) have been plummeting in this month, thus erasing the recent bullish gains that were made, especially from November 2020 to January 2021. Further short selling is anticipated this year. ADX period 14, is somewhere around the level 30, meaning that momentum remains strong in the market. DM- is almost crossing DM+ to […]

FTSE 100 price (FTSE:UKX) has suffered a sudden plunge, but that is not serious enough to bring about a bearish bias on the market, unless the plunge becomes protracted. Price has already violently broken below the EMA 21, and once it closes below it, enabling another candle to open below the EMA, that would be […]