Tag: zone

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Gold Bounces-off $1,820 Support Zone – Quick Daily Outlook

Gold Bounces-off $1,820 Support Zone – Quick Daily Outlook

The gold price fluctuated within a range of $1,821.88-1,835.00. Investors anticipate a decisive move in the precious metal as they await US Durable Go [...]
Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before Monday.BTC/USD 1-hour candle cha [...]
USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone

USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone

Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from the start of the week even as Canada’s Consumer Price Index (CPI) [...]
NZD/USD Rebound Materializes as RSI Reverses Ahead of Oversold Zone

NZD/USD Rebound Materializes as RSI Reverses Ahead of Oversold Zone

NZD/USD appeared to be on track to test the June 2020 low (0.6185) as it traded to a fresh yearly low (0.6196) earlier this week, but recent price ac [...]
Ethereum price enters ‘oversold’ zone for the first time since November 2018

Ethereum price enters ‘oversold’ zone for the first time since November 2018

Ethereum's native token Ether (ETH) entered its "oversold" territory this June 12, for the first time since November 2018, according to its weekly rel [...]
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K

Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K

The recent downtrend in price has stabilized above the May 12 low at $25,338, which contributed to rising momentum on the daily chart. For example, th [...]
AUD/USD Forex Technical Analysis – Bullish Traders Targeting .7245 – .7343 Retracement Zone

AUD/USD Forex Technical Analysis – Bullish Traders Targeting .7245 – .7343 Retracement Zone

The Australian Dollar finished higher on Friday, powered by a combination of strong domestic retail sales data and U.S. data that eased fears over a p [...]
Euro Maintains Bid on Mixed Euro Zone PMI

Euro Maintains Bid on Mixed Euro Zone PMI

EUR/USD, EUR/GBP Analysis and Talking PointsMixed Euro Zone PMI Amid Robust Services SectorECB Rate Hike Chatter Underpins the EuroEUR/GBP Eying YTD [...]
Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks

Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks

Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost "overbought."Monero pric [...]
GBP/USD Enters Overbought Zone – Why 1.2500 Could Drive Sell-off

GBP/USD Enters Overbought Zone – Why 1.2500 Could Drive Sell-off

GBP/USD has gained bullish momentum, rising above 1.2450 for the first time in more than ten days. If the pair can hold above 1.2430, sellers are like [...]
Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K

Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K

Further, the recent underperformance of alternative cryptos (altcoins) relative to bitcoin suggests a lower appetite for risk among crypto traders. Ty [...]
Bitcoin Struggles Near $27K-$30K Support Zone

Bitcoin Struggles Near $27K-$30K Support Zone

Bitcoin (BTC) is deeply oversold on the daily chart, but upside appears limited as long-term momentum deteriorates. Initial support is between $27K-$3 [...]
Bitcoin retests key $30K support zone as data highlights BTC whale accumulation

Bitcoin retests key $30K support zone as data highlights BTC whale accumulation

Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified with bears pushing Bitcoi [...]
EUR/USD Breaks Out of Narrow Range to Pull RSI Out of Oversold Zone

EUR/USD Breaks Out of Narrow Range to Pull RSI Out of Oversold Zone

EUR/USD Rate Talking PointsEUR/USD initiates a series of higher highs and lows as the Federal Reserve endorses a preset course for monetary policy, a [...]
AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision

AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision

Australian Dollar Talking PointsAUD/USD appears to be reversing course ahead of the yearly low (0.6968) amid the larger-than-expected the Reserve Ban [...]
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