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Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bearish The USD/JPY pair has been in a downward move since November 12 after a rebound above level 103.30. The pair is approaching the previous support at level 103.30. The selling pressure will resume if the current is broken. […]

EURJPY Price Analysis – November 20 The EURJPY pair is attempting to close beneath the 123.37 price zone as speculative interest stays trapped between coronavirus outbreaks and vaccine hopes. The pairs selling momentum remains toward the 123.00 level. Key Levels Resistance Levels: 127.07, 125.00, 123.37 Support Levels: 122.37, 121.61, 119.31 EURJPY Long term Trend: Ranging […]

The creator of the popular stock-to-flow model, PlanB, has affirmed that Bitcoin (BTC) is going according to plan like “clockwork, “ following its third halving event. PlanB, an anonymous developer, has lauded the S2FX model and believes that BTC will be trading between $100,000 and $288,000 by the end of 2021. The stock-to-flow model and […]

Key Highlights Ether fluctuates above $450 support The coin has a target price of $488 high Ethereum (ETH) Current Statistics The current price: $458.89 Market Capitalization: $52,029,363,330 Trading Volume: $14,108,917,588 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 11, 2020 On November 10, the altcoin rebounded but […]

Novacyt s.a. shares (LSE:NCYT) have experienced a massive loss, which happens to be its biggest single day loss in recent times. From June 2020 to October 2020 the market rose commendably, only to nosedive, erasing most the gains it saw in October 2020. Price ripped through the lower Trendline and stays far below it, forcing […]

Key Highlights Litecoin plunges to $51 low and corrected upward LTC risks further downward move as price reaches overbought region Litecoin (LTC) Current Statistics The current price: $52.49 Market Capitalization: $3,453,939,467 Trading Volume: $2,849,880,504 Major supply zones: $70, $80, $90 Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis November 3, 2020 Litecoin has […]

Hello Traders: The 2020 United States presidential election is here and traders are expecting high volatility in the markets.   My Take Nothing unusual and nothing extraordinary will happen in the markets. The markets don’t surprise people when they’re looking out for such; surprises come only when people don’t expect them. An informational traffic sign […]

Key Resistance Levels: 1.0800, 1.0900, 1.1000 Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: Ranging EUR/CHF has been on a downward move since September 25. On October 15 downtrend; a retraced candle body tested 78.6 % Fibonacci retracement level. This indicates that the pair will fall and reach a low of 1.272 and later […]

EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]

Key Highlights Ethereum battles resistance at level $420 high The coin is likely to reach another high of $434 Ethereum (ETH) Current Statistics The current price: $415.57 Market Capitalization: $47,020,287,242 Trading Volume: $12,506,980,622 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 25, 2020 Following the breaking of...