Ethereum is grinding higher and showing positive signs above the $155 level. The bulls are likely to face a strong selling interest near $160 and $162. BOOST 12H INDICATOR SHOWING INTRADAY SUPPORT LEVELS FOR FURTHER BUYING.
The GBP/USD pair is trading near its daily low, bullish in the short-term, after spending most of the day above a critical Fibonacci level at 1.2515. In the 4-hour chart, the 20 SMA advances above the larger ones, all fo the below the current level, while the RSI keeps advancing, despite being in overbought levels. The bullish case should remain firm in place as...
Oil prices fell on Monday as oversupply concerns continue to pressure prices, even as OPEC and its allies agreeing to cut production by 9.7 million barrels per day. The deal, which was finalized on Sunday after marathon discussions that spanned four days, is the single largest output cut in history. U.S. West Texas Intermediate crude fell 1.54% to settle at...
In regard to the price of Brent crude oil, the commodity has seen some dramatic peaks and troughs throughout its history. At the start of 1999, it stood as low as $10 a barrel. During the following years, it had climbed steadily until it reached its all-time high of over $147 a barrel in mid-2008. However, in the second half of the same year, the price suddenly...
Discover US Natural Gas price in real-time with our live chart Natural gas is a vital fuel, it currently supplies 22 per cent of the world's energy. Widely used for both commercial and industrial purposes, it is often chosen as an investment option by international investors seeking true asset class diversification in their portfolio. According to the historical...
Silver technical analysis over the medium-term shows that a large bullish pattern is still valid, despite the recent breakout down move towards the $16.40 level. The daily time frame clearly shows a large, and crucially valid, inverted head and shoulders pattern with over $5.00 of upside potential. As long as the $14.00 level is defended the bullish structure of...
This was the initial reason for gold to move back to its flight to safety status. Over the last 3 days, spot market gold is from a low of 1455.4 to a high of 1627.7, an increase of 11.8% from low to high. Yesterday, we posted this chart and noted resistance at 1547.75, 1632 and the year highs near 1702 as resistance. Price has held 1632, for now. Support is at...
The EUR/USD pair has retreated from the mentioned high and is currently trading below the 23.6% retracement of its latest daily slump at 1.0840. The 4-hour chart shows that the price remains above a mild-bearish 20 SMA, although well below the 100 and 200 SMA. Technical indicators, in the meantime, remain within positive levels but losing bullish strength. Given...
In general, a rising Euro Currency Index reflects the tendency of falling prices in agricultural commodity markets. On the other hand a falling Euro Currency Index reflects rising prices in agricultural commodity markets.The Euro exchange rates which are forming that index are calculated based on Euro weighted averages against 20 major Eurozone trading partners....
After bottoming out in the 96.60 area on Monday, DXY has embarked in a corrective upside to the current vicinity of 97.00. This area of resistance is also reinforced by the resistance line off the 2019 low just above the 95.00 marks. If buyers manage to extend the current momentum, then the next key level to consider will be the 200-day SMA at 97.79. In the...
Bitcoin has bounced strongly this week after the massive selloff but there is plenty of supply to flood the market with, waiting for a rebound, which is due to move BTC to the $7K level. But the 30-and 90-day forecast is far from bullish, as, currently, BTC moves in a descending channel. Expecting price to do a slight buy then go lower until 4838.42. 1 Month:...
IOTA USD is today's traded at a price 0.15 USD - in the Europe/London timezone. IOTA USD price forecast for the next period. Price change over the last 24 hours is (-13.81%), which is exactly -0.02 $. Today's trading day the IOTA USD price starts on the level 0.17 $, with the highest price today 0.18 $ and the lowest price reached 0.14 $ level. If we look at the...
EUR/USD remains in a downtrend off peaks from earlier this month. Losses are being maintained by falling resistance & continued dollar strength. DAILY PIVOT INDICATOR HOLDING THE TREND SHORT
Collapsing oil prices due to travel bans fueled by the coronavirus slashed the global outlook for energy demand. Natural gas futures plunged 7% to their lowest since 1995. PIVOT INDICATOR HOLDING THE TREND SHORT
WTI is retracing after the 3rd worst day on record. Looking for resistance to hold below $25 for continued selling. PIVOT INDICATOR HOLDING THE TREND SHORT
Ethereum has entered retracement of the brutal bear trend. A push toward the next psychological level 80 can be expected on the next leg down. DEVIATIONS INDICATOR HOLDING SHORT DURING THE RETRACEMENT
Expecting high volatility before more selling during the EU Finance Ministers Meeting. EURO Bullish potential to remain capped by economic imbalances. DAY TRADING INDICATOR HOLDING THE SIGNAL SHORT.
Possible retrace forming during London & New York Session after a break of 0.61. DREAM HEIKIN ASHI INDICATOR SHOWING FORMING RETRACE