EURJPY Price Analysis – April 3 The FX cross extends its lower fall into the European session early underneath the price level at 117.08 as the pair resumed lower. EURJPY acceleration downside remains intact, as sellers tend to force down prices. The pair’s potential target will be on the 116.00 marks. Key Levels Resistance Levels: […]
Read moreXAUUSD Price Analysis – April 3 Gold trades beyond $1,600 level with modest losses close to three-day high, presently losing 0.07 percent following fresh limitations, before moving for Friday’s European session. The latest threats to the yellow metal are probably due to the aftermath of the coronavirus (COVID-19). Key Levels Resistance Levels: $1,703, $1,663, $1,623 […]
Read moreKey Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish On March 2, there was a price spike as Bitcoin reached a high of $7,283.50. The bulls could not sustain the upward move as Bitcoin fell to $6,828. The bears are defending intensively the $7,000 overhead resistance. […]
Read moreAmerican citizens have indeed lost their jobs owing to the coronavirus epidemic as per a Federal Reserve report, the worst of the impact has still to begin. Last week, greater than 6.65 million people in the United States applied for unemployment claims, the latest official statistics that illustrate the massive economic effect of the COVID-19 […]
Read moreKey Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bearish Australia 200 appears to have resumed an upward move. The upward move has been hampered at the resistance at 5200. Meanwhile, the support at 4500 has been holding since March 23 as the market makes an upward […]
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• Bitcoin signals fresh rally after breaking out from an ascending triangle on the 4-hours chart • The next price target for Bitcoin is $8000 if the $7000 level can act as support • Bitcoin hits $7200 following a 14% increase in a day. Following yesterday’s rejection at $6635, Bitcoin saw about 5% drops but […]
Read moreKey Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish Since on March 12, the bulls have been consistent in its upward move as it broke the resistance line of the descending channel. BCH has reached a high of $230 and it is approaching the resistance at $240. […]
Read moreAUDUSD Price Analysis – April 2 The AUDUSD has struggled to stay slightly beyond the level of 0.6000 as a positive tone of pausing US equities and dollar bulls, inflating risk-sensitive Aussie, overriding rebound by increasing strength. Right now, on selling bias, the 0.6000 level may still buffer and yet the risk-reward may support a […]
Read moreUSDWTI Price Analysis – April 2 WTI oil price recovers nearly 10 percent on Thursday amid improved global optimism with widespread gains and bullish bias beyond the $22.00 level. Fresh optimism amongst traders stems from attempts by President Trump to encourage Russia and Saudi Arabia to strike a bargain and close the price dispute. Key Levels […]
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