01 Jan 2020 @ 06:30
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 […]
01 Jan 2020 @ 06:16
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: […]
25 Dec 2019 @ 09:52
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 […]
25 Dec 2019 @ 09:44
USDCHF Price Analysis – December 24 The USDCHF pair recorded a small daily gain on Monday and entered the consolidation phase on Tuesday, as the markets seem to be already in a festive mood. At the time of writing, the pair remained unchanged at 0.9817 level. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9876 Support Levels: […]
19 Dec 2019 @ 02:49
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 […]
19 Dec 2019 @ 00:47
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 […]
19 Dec 2019 @ 00:36
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 […]
11 Dec 2019 @ 11:40
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 […]
11 Dec 2019 @ 10:41
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Ranging Bitcoin Cash had been trading in the large price range between the levels of $200 and $240. Presently, the coin is now fluctuating at the bottom of the chart. In retrospect, the bulls break the $240 resistance line and […]
04 Dec 2019 @ 15:23
Canadian Overseas Petroleum Limited shares (
LSE:COPL) are currently consolidating, in apparent weakness. A breakout is imminent. Looking at price more closely, it can be seen that the market is making weak attempts to rally, but that effort pales into insignificance when compared to the ongoing sideways movement. Bulls are intent on pushing price upwards but […]