Technical Analysis

EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]

Exxon Mobil stock (NYSE:XOM) might resume its bullish trend after the current equilibrium movement in the market. Price went strongly upwards from December 2020, to March 2021, and then began to move sideways (equilibrium movement). That is supposed to end soon. The market is now below the EMA 21, but it would soon go above […]

Zoom Video Communications stock (NASDAQ:ZM) is essentially a bearish market. This market has been a disappointment to investors, and they may lose more money because of the weakness in the market, which will hold out long enough this year. Since December 2020, until date (May 2021), the general movement in the market has been bearish. […]

Amazon shares (NASDAQ:AMZN) are a bullish market in the near term. The market is also rising upwards after a serious bearish run that started early this month. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top […]

Microsoft Corporation stock (NASDAQ:MSFT) has resumed its uptrend, following the recent bearish movement that got rejected around the support level at 240.00. Price is expected to go further upwards. The RSI period 14 is now above the level 50, and will rise until it reaches the overbought region around the level 70 (and the market […]

In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and “the sheer scale […]

You can still make money on Dogecoin in 2021! As this article is being written, DOGE has gained close to 80,000% since its creation, despite the recent large pullback in the market. Price is bound to recover from here as the market moves higher. You can make money from Dogecoin this year. Many investors have […]

At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle body […]

Key Highlights Litecoin is in a downward move, approaching the $350 low It has a target price of $320 low Litcoin ( LTC) Current Statistics The current price: $359.37 Market Capitalization: $30,202,613,550 Trading Volume: $11,037,650,926 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 13, 2021 Litecoin has […]