XRP/USD Market October 04 An increase of the bulls’ momentum may break up the resistance level at $0.25 and if the daily candle closes above the mentioned level, then the price will target the resistance levels at $0.27 and $0.29. Looking downside, the barriers may be found at the support levels of $0.22, $0.20, and […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a range-bound movement. The market is fluctuating between level 1.0750 and 1.0850. The pair is gradually falling in a sideways move. In October, the price has been falling from the high of 1.0800 to level 1.0774. The […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishUSD/CAD has resumed an upward move. On September 23 uptrend; the retraced candle body tested the 50 % Fibonacci retracement level. This indicates that the pair will rise and reach the 2.0 Fibonacci extension level. That is, the pair will […]
Anyone new to trading Stocks, Metals, Forex, or Cryptos will quickly stumble upon a flurry of mentions of bulls and bears and their grammatical derivatives. Trading commentators might suddenly proclaim a market is bullish or be warned, momentum has turned bearish. There’s even tell of investors with bullish or bearish sentiments. But what exactly does […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD resumes upward move but faces resistance at level 0.6800. A green candle body tested the 61.8% Fibonacci retracement. It indicates that Kiwi will fall and reach a low of 1.618 Fibonacci extension level. That is the low of a […]
USDCHF Price Analysis – October 6 The selling pressure surrounding the greenback at the start of the week seems to be causing USDCHF to stay under selling pressure. USDCHF downside momentum attacks 0.9133 level during the American session on Tuesday. In doing so, the pair alternates near retracement of late-September as US Dollar Index (DXY) […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is currently in a sideways move. Since July the Yen has been trading between levels 105.00 and 107.00. Presently, the pair is rising to level 107. On September 21, the Yen fell to level 104 and resumed […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a sideways trend trading below 1.0850 resistances. The price action has remained the same since July. The pair has fluctuated between level 1.0750 and 1.0850. In the meantime, price is consolidating at a lower price range. A […]
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 still trading in an uptrend. A red candle body tested the 61.8% Fibonacci retracement level. The Pound will rise and reach the high of level 1.618 Fibonacci extension level. That is the high of 0.9558. Daily Chart […]
