#GBPCAD is still on bullish trend but take note that very strong resistance level around 1.78062 while bounce at strong support at 1.73461. Between the area are also support such as 1.75061
My fearless forecast for #GBPUSD is a price range between 2.66 to 2.75 once it breaks the resistance level at 2.66. Currently, GBPUSD is sitting at major support level which is a demand zone as of March 23, 2024.
GBP/USD Technical Analysis with Sentiment Data: Current Price and Support Levels: As of the latest close, GBP/USD is trading at 1.23791. It's important to consider that the current price is in close proximity to significant support levels at 1.23784, 1.23141, and 1.22637. These levels have historically acted as robust areas of price support, potentially...
A good support at 182 and 185/186 before going to the moon with the target of 250 to 300
In the current 4-hour timeframe chart, we find the gold price approaching a crucial level of support at 1848. This level is indeed significant. It is an area where historical price action has shown strong buying interest and resistance to further declines. The recent close at 1848.62 places the gold price in proximity to this major support. Traders and investors...
Fastly price action is currently sitting on support at 78. It is also nicely sitting on a 20-day moving average support. Short term trend so far is still intact. Midterm and long term trend is still bullish. Fastly is on healthy correction. Interesting to note is a major support at 76.44. The probability of going down its support may be low as selling...
$UNFI current price as of this writing closed at 15.44 Technically, $UNFI bounced on a 50-day moving average at 14.68 and another support at 15.15. If it breaks down from its 50-day MA, another strong support at 13.62. A good entry is somewhere near the support at 13.62, 14.68 and 15.15 in case of a strong selling pressure. With its good fundamentals - value,...
Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions showed a breakout on a long term bullish trend technically. At a current price of $32.98 per share, if we assess whether it is undervalued stock with future growth, its current EV/EBITDA (TTM) is 56 with FWD EV/EBITDA at 28.71 which is tempting to buy with bullish...
SYNNEX Corporation, a business process services company, provides business-to-business services that help their customers and business partners grow and enhance their customer-engagement strategies. Headquartered in Fremont, CA, and with operations in more than 30 countries, SYNNEX is an industry leader in IT distribution and customer care outsourced services,...
VeChain (#VET) is an up and coming blockchain platform aimed at serving the logistics sector and the Internet of Things (IoT). The new blockchain was launched in July 2018, offering a swap of the older VEN token for the VET digital asset. VeChain is a dual-asset platform, with an elaborate system of staking nodes paying out rewards in VeThor (VTHO). In a short to...
Fundamentally, Nexus launches major upgrade dubbed as "Tritium" while seems sell on good news. The chart shows a pullback. The price move in a daily timeframe looks like a reject the low while volume on downtrend is decreasing.
SNT/BTC pair is waiting for breakout while it is currently consolidating in daily timeframe. Critical points to watch on its resistance and support levels are as follows: support: 142/143 TP 1 = 160 TP 2 = 169 TP 3 = 188 Sell wall at 147/148 as psychological area needs to break before reaching another resistance area as stated above.