EURUSD Price Analysis – October 8 EURUSD traverses without proper direction around the 1.1750/60 area in the second half of the week. Despite buying pressure, the popular European currency has dropped underneath the 1.1800 marks. Washington’s adverse headlines and fears about Europe’s coronavirus could drive the pair down. Key LevelsResistance Levels: 1.2011, 1.1917, 1.1807Support Levels: […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe Pound is on a downward move. The pair is currently falling. On September 16 downtrend; a retraced green candle body tested the 50% Fibonacci retracement level. The Pound will fall and reach the low of level 2.0 Fibonacci extension […]
The price action surrounding the EUR/AUD continued on its back-and-forth sentiment on Thursday, as the global markets continue to experience a deficit of volatility or market-moving events. Meanwhile, the publication of ECB’s Accounts indicated that the recent appreciation of the exchange rate did not go unnoticed by members of the Governing Council. The Accounts reported […]
Price Analysis – October 08 Should the bears have enough momentum to break down the support level of $2.3, then, the price will be exposed to $2.2 and $1.7 demand level. In case the bulls prevail over the bears, the resistance level of $2.7 will be penetrated and the price will increase to $2.9 and […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair has resumed the uptrend. The pair has already fallen to level 74.10 before the resumption of a fresh uptrend. On October 1 uptrend, the pair reached the high of level 76.05 but was resisted. The last retraced […]
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 […]
