Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is on a downward move. The pair rebounds above level 0.8850. It is making an upward move to the recent high. The selling pressure has been exhausted as prices move up. Daily Chart Indicators Reading:The 50-day and […]
Read moreKey Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is currently trading in an uptrend. The price is currently facing rejection at level 78.00. The Yen is currently making a downward move. It is not clear the extend of the downward move. Daily Chart Indicators Reading:The […]
Read moreAUDUSD Price Analysis – September 3 The AUDUSD pair, which ended the prior two days in the negative territory, enlarged its daily fall and fell to 0.7296 level as broad-based USD strength continues to weigh on the AUDUSD under 0.7300 level. As of writing, the pair was down 0.55 percent daily. Key LevelsResistance Levels: 0.7620.7413, […]
Read moreGold (XAU/USD) has renewed its weekly lows in the early European session on Thursday, although it lacked any significant follow-through sell-off and has recovered a bit from its fall. The yellow metal began its retracement from the $1992 level (its 2-week high) and has continued on a depressing sentiment for the second consecutive session now. […]
Read moreEURUSD Price Analysis – September 3 In the second half of the week, the selling bias stays consistent around the common currency, with EURUSD challenging 5-day lows initially while expanding corrective downside beneath 1.1800 level. Besides that, USD-dynamics continues to be the primary catalyst for the global market price action. Key LevelsResistance Levels: 1.2011, 1.1965, […]
Read moreBitcoin SV Price Analysis – September 03 The Bearish trend may continue as long as sellers’ pressure is maintained or increase and the demand level of $153 will be the target, below it is a major support level at $134 and $130 price level. BSV/USD Market Key Levels: Resistance levels: $185, $198, $217 Support levels: […]
Read moreKey HighlightsBCH plunged to $250 low after a breakdownThe coin is at risk of a further downward move below $260 support Bitcoin Cash (BCH) Current StatisticsThe current price: $263.40Market Capitalization: $4,874,795,372Trading Volume: $1,887,699,051Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis September 3, 2020Bitcoin Cash plunged to a […]
Read moreThe Australian dollar is falling sharply today and is trading as the weakest so far. The decline was partly following worse-than-expected Q2 GDP data and partly due to profit-taking on recent strong growth. Selling against the New Zealand dollar, the latter being the strongest. On the other hand, the dollar is also recovering as a […]
Read moreBitcoin was met with yet another wave of heavy selling pressure at the $12,000 psychological line yesterday, which caused the cryptocurrency to shed more than $900 on its way back down to the $11,165 level. This will be the third consecutive time in 31 days that Bitcoin has failed to clear the $12,100 level. In […]
Read more
