Technical Analysis

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD pair is in a downtrend but may resume uptrend. The bears have pushed the altcoin to the low of level 1.3216. This is the previous low of December 7. The market will resume upward if the current support […]

ADA Price Analysis – December 18 An increase in the bears’ pressure may push the price to the support level of $0.98, below it is $0.82 level. Inability to break down the $1.11 by the bears may lead to price reversal and it may increase the price to resistance levels at $1.32, $1.46 and $2.64. […]

Omega Diagnostics Plc stock (LSE:ODX) collapsed towards the end of November 2021, following the gradual, protracted bearish movement of this year. Following the collapse (a big dip) there is a short term rally. Is this rally anything to take serious? The ADX period 14 is close to the level 20, meaning that the momentum in […]

Genedrive Plc shares (LSE:GDR) are currently in a massive bullish momentum. There was a serious northwards breakout around the end of November 2021, and the breakout has been sustained till now, resulting in a bullish signal. Price is far above the EMA 21, and the William’s % Ranger period 20 is currently in the overbought […]

Silver (XAGUSD) Price Analysis – December 9 Silver (XAGUSD) remains under pressure, having pared a corrective drop from a multiday low on Friday. After the drop to $22.03 lows, the white metal might reinforce the recent bounce towards the $23.00 level. As risk flows dominate the financial markets, the white metal continues to attract buyers. Key […]

Versarien stock (LSE:VRS) has just gotten a new lease of bullish energy, after a long and protracted bearish movement in the market. The good news is that this could be a beginning of a strong bullish trend. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color […]

Touchstone Exploration Inc. shares (LSE:TXP) has just experienced a pullback amid some bullish effort. The bullishness started in September 2021, ending the trendless period that preceded it. The RSI period 14 is currently below the level 40, which means a “sell” signal. However, price itself remains between the upper and lower Trendlines. If price goes […]

USDJPY Price Analysis – November 27 USDJPY price outflow is being held back as a consequence of bears causing opposition to the market influence. The price structure of the market strives to maintain an uptrend configuration under a bullish influence. However, the sellers are causing some resistance in the market, which is causing a hold […]

EURJPY Price Analysis – November 27 EURJPY pair fell for the third session in a row on Friday, depreciating to the area of recent lows in the 128.00 range. As the new strain of COVID weighs heavily on investors’ sentiment, strong buying interest in the Japanese yen puts EURJPY under added pressure in the sub-129.00 levels. Key […]

EURUSD Price Analysis – November 24 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot is trading […]