USD/JPY decreased a little after reaching the 110.83 level. Now it moves sideways within a potential continuation pattern. The pair decreased a little as the USDX and JP225 slipped lower. Still, further growth registered by these two indexes may bring a new momentum. Better than expected US data reported later today could boost the pair. […]
Read moreNZD/USD seems ready to get out from a minor range signaling more gains ahead. The price action has developed a Double Bottom reversal pattern. So, the pair could come back higher in the short term. The US data has come in mixed on Friday signaling that the USD could depreciate in the short term. It […]
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EURUSD Price Analysis – April 5 Early in the European session, the EURUSD pair surrenders its uptick beneath the mid 1.1700 level. The pair extended its decline in attempting to plunge the 1.1700 floors. Investors focused on quicker economic growth after the US employment report released Friday overtook forecasts, keeping the market upbeat. Key LevelsResistance […]
Read moreSilver is traded at 24.807 at the time of writing and it could try to resume its rebound after ending the temporary decline. XAG/USD could continue to increase in the short term if the US Dollar depreciates versus the other major currencies. The price has rallied since last week reaching 25.050 today. Now it has […]
Read moreBitcoin SV Price Analysis – April 05 An increase in the buyers’ pressure will further increase the price to $198 and $185 resistance levels. In case the buyers’ pressure could not break up $217 level, the price may face the support levels at $217, $198 and $185. BSV/USD Market Key Levels: Resistance levels: $233, $259, […]
Read moreKey Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY is an upward move. The pair is currently facing resistance at the 84.50 high. The Yen is consolidating above the current support. In the previous downtrend, the pair was rejected at the high of level 85.00 and it fell […]
Read moreKey Highlights “ BCH will rally to $700 if the $600 overhead resistance is breachedThe altcoin will be compelled to a range-bound move if the overhead resistance remains unbroken Bitcoin Cash (BCH) Current StatisticsThe current price: $568.79Market Capitalization: $11,954,875,787Trading Volume: $2,811,204,793Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) […]
Read moreThe unequal rate with which countries are conducting vaccination campaigns against COVID-19 poses the greatest threat to the global economic recovery, Ignazio Visco, a member of the Governing Council of the European Central Bank and Italy’s central bank governor, warned in an interview with the Financial Times. “We need to maintain close international cooperation within […]
Read moreXAGUSD Price Analysis – April 5 The white metal managed to continue its rebound from lows of $23.78. Silver (XAGUSD) is building on Friday’s rebound above $25.00 as the US dollar remains pressured after Jobless Claims. Key LevelsResistance Levels: $27.50, $26.77, $26.00Support Levels: $24.50, 23.50, $21.89XAGUSD Long term Trend: RangingThe technical analysis on the daily […]
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