XRP Weekly Price Analysis – February 10 The pushing up of the price to reach the resistance level at $0.62 may increase the price to the next resistance level which can be found at $0.73 and above. In case the bears manage to push the price below the support level at $0.39 with the […]
XRP Weekly Price Analysis – February 10 Should the bulls push up the price to reach the resistance level at $0.62 and the level does not hold the price, the next resistance level can be found at $0.73 and above. In case the bears manage to push the price below the support level at $0.39 […]
GBPJPY Price Analysis – February 10 The GBPJPY pair picks up bids following its bounce off the prior days’ low level of 144.03. Looking at the pair’s continuous upside trading its price jumps past 145.00 level during the early European session. The GBPJPY upside run is benefitting from UK’s lead in terms of the coronavirus […]
EURCAD Price Analysis – February 10 The EURCAD has been in an impulsive move higher after rebounding past 1.5400 level during the prior day and currently in the present session. The common European currency has surged by 24 pips or 0.15% against the Canadian Dollar since the day began amid the sideways market. Key LevelsResistance […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is stuck between levels 0.7100 and 0.7300. There has been no significant price movement. The price is characterized by small body indecisive candlesticks. The price action has remained stagnant. Daily Chart Indicators Reading:The Kiwi has risen to level […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has reached the target price and was rejected. The price retraced to the low at level 104.62. The current support appears to be holding as there is the presence of bullish signals. The market is expected to move […]
USDCHF Price Analysis – February 9 The USDCHF pair sustained its heavy selling pressure through the mid-European session into the American session and was last seen at 0.8929 low toward 0.8920 regions. A shift in the US Treasury bond yields weigh on the dollar and was seen exerting pressure on the USDCHF pair. Key LevelsResistance […]
key Resistance Zones: 15000, 15200, 15600Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is retracing to level 13400. After retracement, the uptrend will resume. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reach level 1.272 Fibonacci extensions or level […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishEUR/CHF pair has continued to push on the upside. The EUR/CHF has earlier rebounded above level 1.0750 and continued the upward move. The bulls are testing the resistance at level 1.0850. This resistance has not been broken since November 2020. […]
