Key Support: 14.80 Key Resistance: 15.08 – 15.20 The Rand has been crashing hard against the USD for the past week. This is really not a USD driven move since we have seen non directional trading for a couple of weeks on the USD. This is a ZAR driven rally on the USDZAR (ZAR depreciation). […]
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Commenting on the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission, Coinbase CEO Brian Armstrong noted that the case appears to be on a better track than anticipated. Citing a Forbes article titled “The crypto uprising the SEC didn’t see coming,” the Coinbase boss tweeted on Monday that: “The Ripple […]
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The USD/SGD pair has shown oversold signs and now is fighting hard to climb higher. The price action has developed a symmetrical triangle which could bring great trading opportunities. Fundamentally, the USD was boosted by better than expected US data reported yesterday. The CB Consumer Confidence was reported at 113.8 far above 108.4 expected, while […]
Read moreSTELLAR Price Analysis – October 27 Stellar price may retest the previous low support level at $0.24 provided it break down the support level of $0.30 level, it may decrease further below $0.24 level. The relative strength index period 14 is below 50 level bending down to indicate sell signal. XLM/USD Market Key Levels: Resistance […]
Read moreKey Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is an uptrend as price broke above the moving averages. Also, it has beached the resistance at level 35600. Further upward moves are likely as the index approaches the overbought region of the market. Meanwhile, on […]
Read moreEURCHF Price Analysis – October 26 EURCHF is under pressure from sellers to keep falling. This has been the case since the market hit the 1.09320 supply level. There was an immediate rejection and EURCHF fell under. From there, the plunge continued till price fell to the 1.08360 price level. Buyers were expected to take […]
Read moreIn Japan, the yen had a good week last week, but it is back to its old ways today, falling for the second day in a row. Today, risk-on sentiment is putting pressure on the Yen and the Dollar. The USD/JPY exchange rate is currently at 113.91, up 0.18 percent for the day. During the […]
Read moreUSDCHF Price Analysis – October 26 During Tuesday’s trading hours, the USDCHF consolidates gains. After achieving impressive gains of more than 40 pips in the US session, the pair retreats from the intraday highs around the 0.9226 level. The USDCHF currency pair is currently trading below 0.9200 as buyers look for confirmation beyond the key […]
Read moreKey HighlightsLTC price targets the previous high of $232Litecoin bulls face rejection at $210 Litecoin (LTC) Current StatisticsThe current price: $194.38Market Capitalization: $16,347,717,042Trading Volume: $1,935,325,007Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis October 26, 2021Since October 21, Litecoin has been fluctuating below the $210 resistance level. Also, it […]
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