XRP/USD Market October 28 An increase in the bears’ pressure will further decrease the XRP price to the $0.23 level, suppose the last-mentioned level does not hold, the price will test the $0.22 which may finally place the price at the $0.21 level. In case the $0.23 holds, the bullish trend may continue and the […]
Read moreUSDCHF Price Analysis – October 28 The USDCHF extends the positive traction beyond the 0.9100 level while the pair attempted to break above the top for the third day in a row. The emergence of buyers around the US dollar-backed the surge and seemed somewhat unaffected by the prevalent risk-off situation. Key LevelsResistance Levels: 0.9241, […]
Read moreS&P 500 Price Analysis – October 28 S&P 500 declines under 3350 level while flashing red on renewed coronavirus concerns and fading prospects of additional fiscal stimulus deal. At press time, the S&P 500 futures are down over 0.85% at the 3349 levels. S&P 500 has seen a sharp sell-off and a daily close beneath […]
Read moreKey Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishUSD/CAD is in a downward move. The pair fell to level 1.3100 and moved up. After retesting the low, the price is rising. Daily Chart Indicators Reading:The 50-day SMA and the 21-day SMA are sloping downward indicating the downtrend. The […]
Read moreAccording to research on cryptocurrency by Grayscale Investment, the number of US-based Bitcoin (BTC) investors is on a steep climb. The popular digital assets manager noted that the COVID-19 pandemic is largely responsible for this increase. The 2020 research, titled “Bitcoin Investor Study,” is geared towards illustrating US investors’ perception of Bitcoin and how it […]
Read moreKey Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BearishItaly 40 is in a downward move. The index is falling and approaching the lower price range. A break below level 18200 will ensure further downward movement of the index. The price has fallen to level 18615 at the […]
Read moreKey HighlightsLitecoin faces resistance at $60 highThe coin is likely to reach another high of $65 Litecoin (LTC) Current StatisticsThe current price: $55.77Market Capitalization: $3,798,737,096Trading Volume: $3,598,132,866 Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis October 20, 2020Litecoin has resumed upside momentum has price breaks above the $51 […]
Read moreKey Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD has risen to the overbought region. Since July, the pair has been retesting the overbought region. The pair will reverse as soon as it reaches the overbought region at level o.6700 and 0.6800. Today, the price is reaching the […]
Read moreThe Nasdaq 100 (NDX) traded with a good amount of volatility at the start of the week amid growing COVID-19 cases and dwindling hopes for a US fiscal stimulus package, which thwarted risk appetite. Meanwhile, a downtrodden outlook and quarterly report for Germany’s largest software company, SAP has added to the gloomy sentiment surrounding the […]
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