Currency

Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting.Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of […]

Despite the general crypto market down-trend in May, Solana has tried to remain above the support level of $44 since May 12. The Support Levels: $44, $75 The Resistance: $58, $78 On the daily chart, SOL/USD showed resilience as it tries to recover after falling below the May 8 support level of $75. Sellers are eager to sell, preventing any further Bullish movement of the market. At the present...

TerraUSD experienced a sudden price crash which started on the 9th till 13th May. However, between the 14th and 15th of May, signs of recovery have been seen. TerraUSD, being a stable coin is not meant to be this volatile. It is expected to be pegged at $1, but at the present, it is trading […]

There has been some interesting rank movement of some altcoins on the Ethereum network as whales, very rich wallet holders, are acquiring a large amount of some of these altcoins. According to information got from WhaleStat, an online whale-monitoring organization, ApeCoin (Ape), Loopring, MATIC, Serum, SAND, and even ETH among others are being acquired by […]

DeFi Coin (DEFC) surged by over 175% last Wednesday alone, as the price rallied to $0.23 on Bitmart. On that day, the DeFi token jumped from a daily low of $0.08 to tap a high of $0.25, a jaw-dropping 300% single-day move. That said, DEFC did not stop there. Instead, the cryptocurrency surged by another 124% […]

GBP/USD price analysis, April 27, 2022 As at the time of writing this analysis, the price action is on a downtrend of 1.28321. It is quite a struggle between GBP/USD and the bear is having the upper hand over the bull. From the look of things, the price action is beginning to perform slightly below […]

Updated: 25 April 2022 Bitcoin SV Price Analysis – April 25 Further increase in the bears’ pressure will decrease the price to break down the support level of $73 which may expose the price to $50 and $41 price level. In case the support level of $73 holds, the price may increase towards the resistance level […]

AUDUSD Price Analysis – March 30 The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUD/USD Market Key levels: Resistance […]

Key Resistance Levels: 132.00, 133.00, 134.00 Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair has broken the previous overhead resistance and may further rise to level 136.16. The first uptrend retraced to the low of level 133.72 and commenced an upward move. Further upward move is unlikely as the market reaches the […]

If you want to get started trading forex, the first step is to understand the different currency pairs. The value of a currency is adjusted relative to others. Learning to read the price quote is the basic skill of forex trading. Read more about forex pairs here. The very first step when learning to trade […]