Solana (SOL) price prediction: Bullish vs. bearish scenarios for the future value of SOL
2024-08-18
The price prediction video analyzes the current price action of Solana (SOL) and presents both bullish and bearish scenarios. For a bullish trend, SOL needs to close above the $175 resistance level for two consecutive weeks, potentially targeting $294. In a bearish scenario, closing below the $125 support level for two weeks could lead to a drop towards $65. Key technical indicators, such as anchored VWAP bands, provide additional insights into potential market movements. Traders should closely monitor these levels to navigate the volatility in SOL’s price. TRADE AT YOUR OWN RISK ONLY. More at https://www.forexlive.com/technical-analysis/solana-sol-price-prediction/
Kickstart the FX trading day for Aug 13 w/a technical look at the EURUSD, USDJPY & GBPUSD
2024-08-13
The USD has moved lower after the US PPI data came in lower than expectations
Kickstart the FX trading day for Aug.12 w/a technical look at the EURUSD, USDJPY & GBPUSD
2024-08-12
It is a quiet Monday as buyers and sellers spar in the GBPUSD. The USDJPY moves higher. US CPI and PPI later this week
Canada jobs report comes in as expected. US jobs the focus and sends USDCAD higher on day.
2024-06-07
The USDCAD is testing high for the week and highs from the last few weeks up to 1.3742
USDCAD defines the technical support and resistance bookends
2024-05-28
The USDCAD moved lower after PPI data, but found support buyers against swing area support. The subsequent rise to the price up to its 200 hour moving average, where sellers entered. Support and resistance is now defined. What next?