USDCHF Price Analysis – February 5 The USDCHF pair refreshes multi-day top early in the European session at 0.9045 level as upside traction unrelenting towards positive zones so far. The market mood is upbeat amid NFP and optimism about the Vaccines, stimulus, and US economy. Key LevelsResistance Levels: 0.9304, 0.9187, 0.9093Support Levels: 0.8998, 0.8858, 0.8757USDCHF […]
Read moreKey Highlights BCH will resume an uptrend if the $470 resistance is breachedThe coin fluctuates between $400 and $470 Bitcoin Cash (BCH) Current StatisticsThe current price: $428.37Market Capitalization: $8,995,784,996Trading Volume: $4,433,417,630Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis February 5, 2021 Bitcoin Cash is rising after […]
Read moreBitcoin (BTC) has been repeatedly touted as a good store of value like gold, considering the cryptocurrency shares similar qualities—like limited supply—with the precious metal. This narrative has been defended by several respected representatives of traditional financial institutions, like Skybridge Capital’s Anthony Scaramucci. At the same time, many others have refuted this claim, and the […]
Read moreKey Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAU200AUD is trading above level 6800. Today, the price has broken above level 6800. The upward move is likely to resume if the bullish momentum is sustained. As price breaks above the SMAs, Australia 200 is likely to rise. […]
Read moreSterling jumped sharply after the Bank of England indicated that it does not want to signal the market to move to negative rates. The dollar is also resilient in the overall mixed market sentiment. With a sell-off against both the pound and the dollar, the euro is currently performing its worst per day, followed by […]
Read moreKey Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishToday, the EUR/GBP has plunged to a low of level 0.8768. This downtrend has been ongoing since January 8 but it has reached bearish exhaustion. The pair has fallen into the oversold region of the market. Buyers expected to emerge […]
Read moreKey Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishSince January 8, AUD/JPY has been trading below level 81.00 resistances The price has been consolidating between levels 79.40 and 81.00. The pair is rising to retest the resistance at level 81.00. A break above the resistance level will propel […]
Read morePrice Analysis – February 04 A further increase in the bulls’ momentum may break up the resistance level of $3.3, then, the price may test the $3.8 and $4.5 levels. In case the bulls are unable to break up the resistance level of $3.3, the price may face the support levels of $2.9, $2.7, and […]
Read moreAUDUSD Price Analysis – February 4 The AUDUSD pair keep gains while its upside bias stays contained below the key hurdle at mid 0.7600 level. Signs of progress on additional US stimulus measures pushed the yield on the benchmark 10-year government bond to a near 10-month high touched in January with a lid on any […]
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