Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishToday, the GBP/JPY pair is falling after facing rejection at level 152.00. Since May 10, the market has been declining gradually on the downside. The currency price has broken below moving averages which accelerated the selling pressure. Meanwhile, on June […]
EURJPY Price Analysis – July 30 During the early European trading hours on Friday, the EURJPY surged somewhat. The pair has continued to rise from July 20 lows and is now on track to reach the 130.50 level. Although the Euro’s advances are constrained by the ECB’s outlook and anticipated mixed economic data. Key LevelsResistance […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishUSD/JPY has continued to fall on the downside. The Yen has fallen to the low of level 109.46 and further downward move is expected. Meanwhile, on July 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The […]
AUDUSD Price Analysis – July 29 AUDUSD drew some dip-buying on Thursday and aims to build on the prior day’s rally from the 0.7316 zones. Amid the dominant US dollar selling tendency after the FOMC, the pair was last spotted slightly beneath the 0.7400 marks, towards the upper end of its daily trading range. Key […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishSince July 20, USD/CAD has been in a downward move. The market is declining and reaching bearish exhaustion. Meanwhile, on July 22 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the market will […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishSince March 5, EUR/CHF pair has been in a downward move. The currency pair has fallen from the high of level 1.1100 to 1.0811. From the recent downtrend, the market appears to reach bearish exhaustion. Meanwhile, on July 14 downtrend, […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair‘s downward move has reached bearish exhaustion. The pound has resumed an upward move since July 21. The price has broken the 21-day SMA. A break above the moving averages will propel the pair to rise. Meanwhile, on June […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishOn July 19, AUD/JPY pair fell to $80 low and resumed upward. For the past week, the pair has been correcting upward. The selling pressure will resume if price breaks below level 80.00. The Fibonacci tool has indicated a further […]
Key Highlights BCH rallies to $510 highThe bears are likely to sell on rallies Bitcoin Cash (BCH) Current StatisticsThe current price: $497.06Market Capitalization: $11,428,914,123Trading Volume: $1,733,403,132Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis July 26, 2021 Bitcoin Cash (BCH) has rebounded and broke the resistance at […]
