Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe pound is in a strong uptrend. It has broken the previous resistance levels and it is approaching the high of level 0.9150. On December 15, a retraced candle body tested the 50% Fibonacci retracement level. It indicates that the […]
EURUSD Price Analysis – December 21 EURUSD fell below the 1.22 level and some subsequent selling could accelerate the corrective fall towards 1.2100. The resumption of the decline in major currencies may be associated with a rebound in the rally in the US dollar against its major counterparts. The US dollar index opened the week […]
XAGUSD Price Analysis – December 21 Silver (XAG/USD) prices are on the move this week as the white metal breaks out from its recent range. Following its price action from the $25.80 opening price, XAGUSD has posted a recent high of $27.41 during the European session. USD’s rally during the European morning session was suppressed […]
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 has continued its upward move. The Kiwi has broken the resistance at level 0.7100. A retraced candle body tested the 78.6% Fibonacci retracement level. The resistance indicates that the Kiwi will rise and reach the level of 1.272 […]
GBPUSD Price Analysis – December 20 GBPUSD maintained a positive tone last week, with sellers making a fresh attempt to continue selling beneath 1.3500 in the previous session. Meanwhile, the GBPUSD pair is up nearly 2.25% in the last week due to the pending Brexit trade. Key LevelsResistance Levels: 1.3750, 1.3700, 1.3624Support Levels: 1.3482, 1.3400, […]
GBPJPY Price Analysis – December 20 GBPJPY fell to a low of 139.31 and closed around 139.66 in the previous session. A dip below 140.31 pushed the pair to further losses as optimism about Brexit fades at the last minute. Against this backdrop, the risk tone weakens the previous upward momentum and could drop sharply […]
Name: Sir John TempletonDate of birth: November 29, 1912Nationality: British, Bahamian (and formerly American)Occupation: Investor, businessman, researcher, philanthropistWebsite: Templeton.org Life and CareerSir John Templeton was born in Winchester, Tennessee, USA. He went to Yale University (where he was an assistant business manager for campus humor magazine). He financed his own education by playing poker – […]
Bitcoin (BTC) ranks first in the ranking of the largest cryptocurrencies by market capitalization. Bitcoin originated in 2009 when it was launched. The Bitcoin whitepaper was released earlier on October 31, 2008, by Satoshi Nakamoto. Digital or virtual currencies are disruptive technologies that seek to disrupt ideas and technologies that are not just a few […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since June. On November 23, a retraced candle tested the 61.8% Fibonacci retracement level. The retracement indicates that the pair the Yen is likely to fall and reach level 1.618 Fibonacci extension level. […]
