EURUSD now tests lower trend line at 1.1125.
The low reached 1.1124 The EURUSD has retraced the move higher from the 5 PM ET close from yesterday. That low was at 1.11246. The low just reached 1.11238. Lap… Read more »
Tag: line
Not much going on in the NZDUSD today, but trend line is about to be tested
100 hour moving average and 200 day moving average is also just lower There is not much going on in the NZDUSD today. The low to high trading range is only a… Read more »
Walking the Line: What Lies Ahead for Russia’s Role in Crypto?
In May of last year, an article from Quartz posed the question: why are there so many Russians in crypto? “Even if there’s no central hub for crypto development, Russian programmers… Read more »
Bitcoin Weekly Forecast: BTC Eyeing Last Line Of Defense
After a decent recovery, bitcoin price faced resistance near the $7,880 level against the US Dollar. The price is currently correcting gains and it is trading near the $7,300 support… Read more »
AUD/USD Stays Below A Downside Resistance Line
traded somewhat lower on Monday, after it hit resistance near the crossroads of the 0.6800 barrier and the downside resistance line drawn from the high of November 7th. Although the… Read more »
Bitcoin Price Plunges To $7000: Will The Historic Support Line Save Bitcoin?
Just yesterday, we had celebrated the goodbye party from the $8000 price level, which held Bitcoin for the past couple of days. Yesterday’s bloody action reached down to the significant… Read more »
Ethereum (ETH) Trading Near Last Line of Defense
Ethereum price is struggling to climb higher above the $188 resistance against the US Dollar. The price is currently trading near the $182 support area, which holds the key. There… Read more »
Bitcoin Price Analysis: BTC At Short-Term Risk, Facing The Critical 200-days MA Line
For the past ten days, Bitcoin is trading inside a tight range, which is very unlikely for the primary cryptocurrency. We can almost say that the past week was boring… Read more »
Gold Prices Bounce as USD Retreats, Can GLD Bulls Hold the Line?
Gold Price Talking Points: Gold Bulls Come Back After Q4 Open The late-September ramp in the US Dollar produced a noticeable dent in Gold prices. But, given the prior bullish… Read more »
Bitcoin Price Analysis: Another Attempt To Break The Crucial Resistance Line – Will This End-Up In $11,000 Or $9,000 For BTC?
Two days ago, while Bitcoin was attempting to stay above the critical $10,000 mark, we have pointed out two scenarios in the bigger picture: “The bigger picture from below is… Read more »