Trading Briefs

Trading Briefs

GBPJPY Continues to Trend Lower as It Is Set to Rebound

GBPJPY Analysis – Price Is Set to Rebound at the 149.60 Price Level GBPJPY is set to rebound at the 149.60 key level. The price is, however, in a bearish state as the market keeps making lower lows and highs. The market continues to retest the trend line channel, and the more it is retested, […]

2 hs

Binance Coin (BNBUSD) Price: Bulls Dominate, Targeting $430 Resistance Level

BNBUSD Price Analysis – October 01 The price may reach the resistance level of $430, in case the mentioned level is broken up, the resistance levels of $503 and $599 will be the target.  Should the bears defend the resistance level of $430, the price may fall towards the support levels of $364, $311 and […]

3 hs

AUDUSD Continues To Rise Amid a Negative Market Outlook

AUDUSD Price Analysis – September 30 During the American session, the AUDUSD gained traction and surged to 0.7257, a new daily high supported by a broad-based US dollar decline. The DXY is down 0.20 percent, marking the first time it has dropped following four days of gains. Despite stable US bond yields and uneven US […]

16 hs

Dogecoin (DOGE) Fluctuates Above $0.20 Support, a Decline to $0.16 Is Likely

Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price has fallen to $0.20 after breaking the previous low at $0.21.Today, crypto is fluctuating above the $0.20 support. Before the recent price fall, the DOGE price broke below the $0.21 support, retested it before resuming the downtrend. Presently, the […]

21 hs

USDJPY Rally Continues as It Gains More Bullish Momentum

USDJPY Analysis – Price Continues to Rally Upward as Momentum Increases USDJPY rally continues as the bullish momentum increases. The buyers gained this position after a bullish engulfing candle near the 109.100 significant key level. The bulls then increased the pressure, and the market continues to rally upward. The price is, however, set to reach […]

22 hs

Uniswap (UNIUSD) Price: Bullish Movement Triggers at $17 Level, May Continue to $30

Uniswap Price Analysis – September 30 The price may penetrate the resistance level of $26 and increase towards the resistance levels of $30 and $37. Inability to penetrate the resistance level of $26 by the bulls may result to ranging market or bearish reversal towards the support levels at $21, $17 and $14. UNI/USD Market […]

1 d

USDCAD Remains on an Upward Trajectory

USDCAD Price Analysis – September 29 USDCAD remains on an upward trajectory as it keeps bouncing off an uptrend line. This upward trajectory has enabled the market to systematically and continuously break through the resistance levels it encounters. The market is therefore seen displaying consistent higher highs and higher lows. However, the market was blocked […]

1 d

FTSE 100 (UKX) Battles Resistance at Level 7131, Uptrend Is Likely

Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is an upward move. Today, buyers are struggling to break the resistance at level 7131. UKX will have an accelerated upward move if the current resistance is breached. Presently, the altcoin is facing resistance because UKX has reached […]

1 d

S&P 500 Rebounds From 2nd-Day Plunge Around 4350 Level

S&P 500 Price Analysis – September 29 On higher activity, the S&P 500 Index squeezed lower the prior day to a low of 4347. It has since rebounded from the lows of the current session to hit an intraday high of 4391 at the time of writing. Since the start of the week, the S&P […]

1 d

Ethereum (ETH) Price Analysis: Ethereum Is Confined in a Range as Bulls and Bears Show Indifference

HighlightsEthereum price shows strong support above $2,600 Ether range-bound move continues for few days Ethereum ETH) Current StatisticsThe current price: $2,920.84Market Capitalization: $343,844,624,140Trading Volume: $16,616,551,354Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis September 29, 2021 Ethereum’s (ETH) price has been fluctuating between $2,800 and $3,200 for the past […]

2 ds
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Author : Michael Fasogbon


Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.