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GBPJPY Fails to Hold Above a Crucial Price Level

GBPJPY Analysis – November 5 GBPJPY fails to hold over the crucial 167.810 key level and has dropped below it at a very key period. The price summoned courage on the 13th of October for a price surge that pierced through several key levels, including the limiting level at 167.810. The price even retraced temporarily […]

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Litecoin Is in an Impressive Run as It Breaches the Barrier at $64

Key HighlightsLTC price has rallied to the overhead resistance at $64Litecoin reaches the overbought region of the market Litecoin (LTC) Current StatisticsThe current price: $62.14Market Capitalization: $5,222,725,613Trading Volume: $1,043,787,638Major supply zones: $100, $120, $140Major demand zones: $60, $40, $20 Litecoin (LTC) Price Analysis October 31, 2022Litecoin’s (LTC) price is in the bullish trend zone as […]

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NAS100 Is in Downtrend as It Revisits Level 10800

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downtrend as it revisits level 10800. In the previous price action, buyers pushed the index above the 21-day line SMA but were unable to keep the price above the 50-day line SMA. Hence, the current […]

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Ethereum Recovers as It Revisits the $1,600 Barrier Level

Ethereum ETH) Current StatisticsThe current price: $1,594.81Market Capitalization: $193,466,401,941Trading Volume: $14,785,917,645Major supply zones: $2,500, $3,000, $3,500Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis October 31, 2022 Ethereum (ETH) is in an uptrend as it struggles below the $1,600 barrier level. Since October 26, buyers have had trouble getting above the $1,600 barrier. Today, […]

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USDCAD Buyers Await a Re-entry Level at the Discount Array

USDCAD Analysis – November 2 USDCAD buyers await a re-entry level at the discount array on the daily chart. The market’s outlook is bullish. The bullishness could be traced back to prices’ reaction to the daily bullish order zone created in the range market in April. USDCAD Significant Zones Demand Zones: 1.3220, 1.2400Supply Zones: 1.3590, […]

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EURCHF Is Set to Retest 0.98360 Before Further Upward Movements

EURCHF Analysis – November 1 EURCHF is set to retest the 0.98360 critical level before it climbs to higher price levels. The market has done tremendously well to pick itself up from a very disastrous September, which saw it reach its lowest price level ever. The currency pair quickly conformed into an inverted head-and-shoulders formation, […]

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