Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishThe AUD/JPY pair is currently trading in an uptrend. It was earlier in a downtrend. On August 31 uptrend, the last retraced candle body tested the 38.2% Fibonacci retracement level. It indicates that the pair will rise and reach the […]
AUDUSD Price Analysis – September AUDUSD takes the bids beyond 0.7300 levels to reverse the early losses while trading near 0.7285 level and recording an intraday low of 0.7253 level, during the early Thursday. Australia’s Unemployment Rate slipped underneath a 7.7 percent forecast and 7.5 percent before 6.8 percent in August. Key LevelsResistance Levels: 0.7413, […]
Key HighlightsBCH faces selling pressure at the $240 resistance The current support at $215 is well defended by the bulls Bitcoin Cash (BCH) Current StatisticsThe current price: $234.10Market Capitalization: $4,335,366,602Trading Volume: $2,976,837,476Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis September 17, 2020For the past two weeks, BCH […]
GBPJPY Price Analysis – September 16 During the early American session, the GBPJPY cross notched higher and renewed daily highs, in the last hour around the 136.40 area. Despite growing concerns of a no-deal Brexit, the uptick was backed by a pickup in demand for the British pound. Key LevelsResistance Levels: 147.95, 142.71, 138.38Support Levels: […]
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. 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 bullish trend is drawn […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishThe pair has resumed an upward move. The downward move has been terminated at level 1.300 as price moves up. The uptrend is facing resistance but will resume upside momentum when the resistance is cleared. The support at 1.3000 has […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is range bound. The index is consolidating between levels 18000 and 21000. Each time the price tests the resistance zone; the index will fall and resume the sideways move. The index is trading in the middle of […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an uptrend. On September 2 uptrend; the pair was resisted at 0.6800 high. The retraced candle body tested the 50% Fibonacci retracement level. It indicates that the Kiwi will rise and reach a high of 2.0 […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]
