EURUSD Price Analysis – January 7 EURUSD turns negative after the 3rd day in a row upside thrust and stays beneath 1.2350 amidst a moderate recovery of the dollar on Thursday. The upside remains capped by the renewed strength in the US Treasury yields across the curve amid stimulus hopes. Key levelsResistance Levels: 1.2413, 1.2350, […]
Read moreThe EUR/AUD traded on a sideways momentum around 1.5835 on Thursday, amid chaos in US Capitol. The Euro has been largely influenced by movement in rival currencies. However, the Eurozone’s upbeat economic recovery outlook continues to steady the currency against drastic fluctuations in rival currencies. Meanwhile, this week’s EUR/AUD price movement has been directed by […]
Read moreKey Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is presently consolidating above level 5600. The index is characterized by Small body candlesticks called Doji and Spinning tops. These candlesticks describe the indecision between buyers and sellers about the direction of the market. Daily Chart Indicators […]
Read moreKey Highlights Ether has a target price of $1434.06The crypto faces rejection at level $120 Ethereum ETH) Current StatisticsThe current price: $1,182.01Market Capitalization: $135,592,281,856Trading Volume: $44,227,012,773Major supply zones: $800, $820, $840Major demand zones: $360, $340, $320 Ethereum (ETH) Price Analysis January 6, 2020Ethereum bulls have pushed the crypto above the initial resistance at $1,100 and […]
Read moreBitcoin (BTC) continues to create massive boosts for the entire cryptocurrency industry over the past few weeks and is showing no signs of a slowdown. At press time, the benchmark cryptocurrency is trading above the $35k level after a 7% rally earlier today. This is a massive rally considering that it’s a rebound from a […]
Read moreXRP/USD Market January 06 An increase in the bears’ pressure may penetrate the $0.21 level; the price may decrease further to $0.17 and $0.10. In case the support level of $0.21 holds, the price may reverse and the resistance levels of $0.28, $0.39, and $0.49 may be tested. Key Levels: Resistance levels: $0.28, $0.39, $0.49 […]
Read moreKey Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has been in a sideways move between levels 1.0730 and 1.0850 since December. The EUR/CHF is in an upward move. The price has reached level 1.0830 resistance zone. A downward move is expected. Daily Chart Indicators Reading:The pair […]
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First Solar (FSLR) has jumped 5% following yesterday’s 9% loss as the likelihood of a Democrat-controlled US Senate looms, further improving the outlook for renewable energy stocks. With one Georgia senate seat already called for the Democrats and a second looking highly likely to be captured by president-elect Joe Biden’s party, equity markets are repositioning […]
Read moreKey Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie moved up and retested level 1.2900. It indicates that the pair is likely to fall. On December 16 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that the pair will fall to […]
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