EURUSD Price Analysis – December 11 EURUSD continues its upward movement with decent gains, approaching the previous daily highs in the area of the 1.2150 level. The pair recorded a high at 1.2143 during the exit of the American session and after all the events at the ECB. The European Central Bank (ECB) has added […]
Read moreThe Massachusetts Mutual Life Insurance Company, a US-based mutual firm with over five million clients, has become the latest large corporation to allot a significant sum to Bitcoin (BTC). A recent Wall Street Journal report shows that the insurance firm has just purchased $100 million worth of BTC for its general investment account. Massachusetts Mutual […]
Read moreKey HighlightsThe bears broke the current price range between $280 and $300 as BCH declinesBitcoin Cash is likely to drop to level $240 Bitcoin Cash (BCH) Current StatisticsThe current price: $267.64Market Capitalization: $4,971,538,250 Trading Volume: $1,613,466,396Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis December 10, 2020Bitcoin Cash has […]
Read moreKey Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. The index reached the high of 0.6700 and was resisted. AU299AUD is presently retracing from the recent high. The uptrend is likely to continue after the retracement. Daily Chart Indicators Reading:The 21-day […]
Read moreKey Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe pound is in a strong uptrend. It has broken the previous resistance levels and it is approaching the high of level 0.9150. The pair is likely to face resistance at level 0.9200. Daily Chart Indicators Reading:The 50-day and 21-day […]
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 now in an upward move. The pair is in a strong uptrend. On November 9, a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that the pair is likely to rise to […]
Read moreThe EUR/AUD traded on a bearish momentum on Thursday as bears gain the upper hand. The European Central Bank (ECB) has alluded through posturing that it is set to “recalibrate its instruments” in today’s meeting. That said, we are likely to see a EUR500 billion increase in PEPP, which will be used to bolster monetary […]
Read moreXRP/USD Market December 09 The ability to break the confluence at the support level of $0.55 will decline the price to $0.49 and $0.44 price level. The resistance levels above the current price can be found at $0.63, $0.73, and $0.79. Key Levels: Resistance levels: $0.63, $0.73, $0.79 Support levels: $0.55, $0.49, $0.44 XRP/USD Long-term […]
Read moreAnalysts at JPMorgan Chase & Co have asserted that Bitcoin (BTC) has appropriated a huge chunk of gold’s (XAU/USD) market share. The analysts pointed out the depreciating difference in funds allocated in the yellow metal and BTC, adding that the shift “represents the transfer of billions in cash.” The cryptocurrency community has argued for years […]
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