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Stock Tipsters
Gold Suffers Mild Decline Following Growing US-China Tensions
May 27 2020 @ 06:16
Gold (XAU/USD) dipped in the early Asia trading session on Monday as growing US-China tensions continue to influence demand on the safe-haven asset. Gold futures shed about 0.47% reaching a low of $1,724 just a few hours ago. The precious metal failed to hold on to its gains from last week’s session. Stocks, which are […]
USD/JPY Consolidates Below Level 108, Breakout Likely
May 27 2020 @ 06:01
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging The pair is currently in a sideways move between the levels of 110 and 108. The Yen was in an uptrend but it is facing resistance at level 108. The pair is on a downward move as a result of […]
Exxon Mobil Price Analysis: XOM to Break Upwards Anytime
May 24 2020 @ 03:16
Exxon Mobil shares (NYSE:XOM) are about to break upwards as price action in the chart reveals. The market has been consolidating since April 2020, following a massive drop of January to March 2020. The market has been moving sideways. ADX period 14 is at the level 20 (low momentum), and DM+ is slightly above DM- […]
Bitcoin Witnesses Mild Selloff Following a Decade-Old Address’ Transaction
May 21 2020 @ 23:16
The cryptocurrency community was thrown into a frenzy yesterday after an unusual 50 BTC transaction was carried out by a Satoshi-era wallet which was assumed to be dormant for over a decade. Initially, many believed that this transaction was from the elusive Satoshi Nakamoto, however, subsequent data proved otherwise. The data suggests that it was […]
Bitcoin Cash (BCH) Is Consolidating, but Faces Rejection at $250 Resistance
May 21 2020 @ 22:57
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Today, Bitcoin Cash is consolidating above $230 but characterized by small body candlesticks. On May 8, the bulls attempted to retest the $280 resistance but were resisted. BCH dropped to $230 low and resumed consolidation. Further upward move has […]
Ethereum (ETH) Loses $200 Critical Support, May Encounter another Selling Pressure
May 15 2020 @ 23:35
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH is likely […]
USDCHF Trades Inside Triangle Range Gaining Traction for a Breakout Towards 0.9800 Level
May 15 2020 @ 23:27
USDCHF Price Analysis – May 16 Through the early European session, the USDCHF pair exchanged with a slight positive bias, though missing any significant follow-through buying and staying constrained beneath weekly highs. Though the level of 0.9800 remains in reach as USDCHF trades inside the triangle gaining momentum for a probable breakout. Key Levels Resistance […]
Zoom Dips and Rallies Again
May 09 2020 @ 06:22
Zoom Video Communications Inc. shares (NASDAQ:ZM) have begun to rally after a recent dip. The market is generally bullish and the bullishness has been on for a very long time: only that it is more pronounced right now. From December 2019 to April 2020, price went upwards. It pulled back in April and reached new […]
Bitcoin (BTC) Rallies to $10,000, Attempts to Breach the Resistance at $10,000
May 08 2020 @ 08:57
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin has finally broken the $9,200 and $9,400 resistances as the market approaches the $10,000 resistance. Yesterday, price was hovering between $9,000 and $9,300 before penetrating the resistance zone. From the daily chart, Bitcoin has reclaimed the $9,500 […]
EURJPY Emerges Upward After a Rebound From the Low Level at 114.39
May 08 2020 @ 08:40
EURJPY Price Analysis – May 8 Since the prior trading session, the common European currency has risen 77 basis points or 0.67 percent against the Japanese Yen. The currency pair on Friday surpassed the upward moving average of 5. While emerging upwards after a low-level rebound at 114.39, the selling bias in EURJPY stays far […]
