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XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]

Facebook shares (NASDAQ:FB) are a bull market despite the current short-term weakness. The current bullishness started in October 2019, as price grinds higher and higher, albeit with low momentum. ADX 14 is at the level 20 (low momentum), and DM- is intertwined with DM+ as one is not clearly above the other. The market is […]

Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2, $1 ATOM/USD Price Long-term Trend: Bullish Cosmos is now in a bull market. Currently, the coin is trading below the $4.50 resistance. In retrospect, the bear market was terminated at a low of $2 and the coin rebounded. The upward move was resisted at […]

EURUSD Price Analysis – December 30 The EURUSD pair spiked to the highest level since mid-August at the price level of 1.1211 and entered the consolidation phase. At the time of writing, the pair was ranging near the price level of 1.1200, adding 0.2% per day. Key Levels Resistance Levels: 1.1515, 1.1450, 1.1280 Support Levels: […]

Key Resistance Levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Ranging Stellar has been relatively slow in price movement. On December 17, the coin fell to a low of $0.042. In defense of the current low, the price pulled back to a high of $0.046. The price movement has been insignificant as […]

Europa Oil and Gas shares (LSE:EOG) has started a strong rally in the context of an uptrend and that may result in a Golden Cross, i.e. when price crosses the EMA 200 to the upside. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands […]

Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has depreciated further and it is now trading at $0.18 at the time of writing. The price was previous fluctuating between the levels of $20 and $0.23. It was assumed in the previous analysis that if the bears […]

GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]

In just hours from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament […]