Technical Analysis

XAGUSD Price Analysis – April 9 The white metal managed to continue its rebound from lows of $23.78. Silver (XAGUSD) is building on Friday’s rebound above $25.00 as the US dollar remains pressured after Jobless Claims. Key Levels Resistance Levels: $27.50, $26.77, $26.00 Support Levels: $24.50, 23.50, $21.89 XAGUSD Long term Trend: Ranging The technical […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold is making positive moves as price breaks the resistance at $1,750. XAUUSD will be out of the range-bound zone if the bullish momentum is sustained. The upward move may face resistance at $1,800 and $1,840. In the previous price […]

The FTSE 100 broke above the January high at 6903, this means the rally from last year low is still in progress and we now have five waves up. Yet a new high does not mean the start of a new bull market, here the new high is the fifth wave (wave E) of the […]

Twitter stock (NYSE:TWTR) has started coming down, especially this month. The new downtrend has followed a protracted bullish movement that the market has witnessed in the last several months. From October 2020 to February 2021, bulls held sway. However, from the beginning of March, a new bearish trend has ensued. Price has crossed the EMA […]

Tesla shares (NASDAQ:TSLA) are already bearish and this is a trend that is expected to continue. The bearish movement began at the beginning of this year, as the nice bullish run that was seen in the year 2020, got terminated. The market consolidated in October and November 2020, and then began to rise northwards in […]

Uniswap Price Analysis – March 26 In case the support level of $29 do not hold, the support level of $24 and $21 may be tested. If the support level of $29 hold, the price will continue its bullish trend towards the resistance level at $34, $39 and $42. UNI/USD Market Key Levels: Resistance levels: […]

Key Resistance Levels: 150.000, 152.000, 154.000 Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: Bullish The GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought region […]

Key Resistance Levels: 0.8000, 0.8100, 0.8200 Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: Bullish The AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to […]

Verizon Communications Inc. stock (NYSE:VZ) is essentially a bear market, and the bearishness may continue for some time, unless the upper Trendline is breached to the upside. The market is currently choppy and rough, and the probability of price going downwards is higher than its probability of going upwards. The RSI period 14 is slightly […]

PayPal Holdings Inc. shares (NASDAQ:PYPL) are currently engaged in a bearish movement, and buyers’ effort to push up the market has invariably been scuttled. The market was bullish from October 2020, until the middle of February 2021. After that, it began trending downwards, generating a short-term bearish signal. 4 EMAs are used for this analysis, […]