Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a range-bound movement. The market is fluctuating between level 1.0750 and 1.0850. The sideways trend has been ongoing since July. A bullish trend line is drawn showing the support levels of the market. The price is rising […]
Read moreForex markets are mostly in a tight range today, with little reaction to better-than-expected US employment and Canadian GDP data. There was little movement after the comments from the ECB President and the Chief Economist of the Bank of England. Weak trading at the end of the month keeps volatility very low. However, we hope […]
Read moreBitcoin (BTC) and the rest of the cryptocurrency market have been trading with intense choppiness for the past few days and weeks, with bulls and bears failing to forge a clear path in the near-term. The benchmark cryptocurrency has been in a trading range between $10,200 and $11,000 for most of September. The prolonged absence […]
Read moreKey Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a range bound move. The index is currently fluctuating between levels 4800 and 5200. Since June, the market is yet to trend; rather the price now consolidates in the middle of the price range. […]
Read moreGBPJPY Price Analysis – September 30 GBPJPY is increasing for the 5th day in a row while maintaining a bullish bias beyond the 136.00 level. Earlier, the dip–buying assisted to limit any meaningful slide near the key 135.00 psychological marks as bulls are seen making a fresh attempt as momentum eases. Key LevelsResistance Levels: 147.95, 142.71, 136.62Support Levels: 133.12, 131.75, 129.29GBPGPY Long term Trend: RangingThe GBPJPY may begin to consolidate between 135.00 and 136.62 levels. If it tries to breach and carry beyond 136.62 levels more growth appears probable. The initial aim is seen at level 136.62, led by level 137.84. As long as the level of resistance is 147.95, a potential […]
Read moreKey Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishThe pair has resumed an upward move. The Loonie was earlier in a downtrend. It fell to level 1.2980 and resumed the uptrend. The current uptrend faces resistance at level 1.3400. The market will move up after price finds support. […]
Read moreEURCAD Price Analysis – September 30 The single European currency has edged lower by 0.45% against the Canadian Dollar since the beginning of the Wednesday session. The currency pair breached lower the 1.5675 level in an attempt to further sideways trading. Given that the exchange rate has breached the boundary, sellers may pressure the EURCAD […]
Read moreXRP/USD Market September 30 In case the bulls gain more strength to break up the dynamic resistance level, the $0.25 price level may not hold and the price will reach the resistance levels at $0.27 and $0.29. The bearish movement will continue if the bulls fail to break up the confluence at the $0.25 level. […]
Read moreGold (XAU/USD) etched lower through the early European session on Wednesday and was last spotted trading at the $1885 region. The yellow metal was met with a fresh supply near the $1900 hurdle on Wednesday, which stalled this week’s bullish bounce from the $1849 support. The pullback represented the first bearish move in the past […]
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