PLUS1
Investing Advice
Bitcoin (BTC) Consolidates As Bears And Bulls Tussle Above $9,400 Support
@ 22:56
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin has failed to break above $10,400 overhead resistance. The bulls made two unsuccessful attempts at the resistance. In the recent one, the bears took the price to a low of $9,290 and then pulled back above $9,400. […]
The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00
@ 22:33
EURJPY Price Analysis – February 21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
Annual Forecast for IBM – 2020
@ 13:34
IBM stock (NYSE:IBM) is a bull market. The general market movement is currently bullish, but there is now a bearish retracement, which is not supposed to last long. Since price broke above the upper Trendline in January 2020, bulls have been able to sustain the current upwards trend, which would be valid as long as […]
Gold Is Trapped In A Narrowing Price Band Lacking In Directional Bias
@ 12:30
XAUUSD Price Analysis – February 14 Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of […]
Bitcoin (BTC) Bounces As Uptrend Gains Ground
@ 20:43
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish In the last 24 hours, the bulls have held on the price above $9,700. The positive upward move was as a result of the rebound on February 4. Previously the coin was range-bound between $9,200 and $9,600. Buyers […]
XAUUSD Bulls Attempt A Run At The 1575 Level Barrier
@ 20:34
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
GBPUSD Retreats Beneath The Level At 1.31 Amid Greenback’s Resilience
@ 23:46
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
Annual Forecast for Royal Bank of Scotland Group – 2020
@ 23:24
Royal Bank of Scotland Group shares (LSE:RBS) are in a bearish trend, which started in December 2019. In that month, price gapped upwards massively and later nosedived as buying pressures disappeared from strong distribution territories. Price has been trending downwards since then, resulting in a “sell” signal as it goes below the EMA 21. The […]
Annual Forecast for Netflix Inc. – 2020
@ 23:13
Netflix Inc. stock (NASDAQ:NFLX) has been trending upwards gradually since September 2019, after the prior bearish movement was ended that month. There is still more room for bulls to push the market higher and higher. The ADX period 14 is around the level 30, which shows a considerable amount of momentum in the market. The […]
Bitcoin: Upcoming Halving And What To Expect
@ 21:16
Bitcoin’s upcoming halving will be one of the most followed crypto-related occasions in the year 2020. Thousands of cryptocurrency enthusiasts will be observing the markets eagerly to witness what effect this year’s halving will have on the cryptocurrency. Many believe that the occasion would have a positive effect on BTC’s price as has been observed […]
