Key Resistance Levels: $600, $700, $800 Key Support Levels: $400, $300, $200 MKR/USD Price Long-term Trend: Ranging Maker has been trading below the $800 since February. The bulls have made efforts to break above the $800 but could not penetrate the resistance level. After several attempts, the coin fell to the low of $400 and […]
EURJPY Price Analysis – December 13 Strong bullish momentum for the euro against the Japanese yen, as it decisively separates to the top of a new trend, and moves above MA 5 and 13 after the horizontal area. The foreign currency pair is likely to continue closing above for two days in a row after […]
AUDUSD Price Analysis – December 12 AUDUSD continues to grow after the strong breakout on Wednesday. As buyers control the situation, the currency pair is likely going to try to reach the level of 0.6929 and 0.6955 barrier zones, according to the general technical forecast. Key Levels Resistance Levels: 0.7205, 0.7085, 0.6929 Support Levels: 0.6862, […]
Key Resistance levels: $140, $160, $180 Key Support Levels: $80, $60,$40 BSV/USD Long-term Trend: Bearish Early in December, the coin fell to the support at $92 and continued fluctuating above it. Trading at the bottom of the chart is precarious because of the tendency of the price to slide into depreciation. In retrospect, BSV was […]
GBPJPY Price Analysis – December 11 The British Pound gained slightly during the trading session on Wednesday while attempting to retest the 143.66 level after a slight plunge beneath the level at 143. We may likely continue to see this market trying to go up and get a start for the election results. The yen […]
In less than 48 hours, the UK election will be held. There have been so many speculations but major polls conducted predicted conservatives win. If the predictions pull through, the British pound will most likely take an upward trend. Sterling has continued to gain strength in its Euro and dollar pairings in anticipation of conservatives […]
Key Resistance Levels: $70, $60, $50 Key Support Levels: $50, $40, $30 LTC/USD Price Long-term Trend: Ranging Today, Litecoin is consolidating above $44 after falling to a low of $42. In retrospect, the bearish impulse in September reached the low of $55 and commenced a sideways move. The price corrected upward but was resisted at […]
USDCHF Price Analysis – December 10 The USDCHF has now fallen to its weakest level since November 4 near the low at 0.9851 level, which is the target. Falling for the second consecutive session on Tuesday, the pair remained under strong supply, dropping to new monthly lows, near the mid-level of 0.9800 level in the […]
EURUSD Price Analysis – December 9 The euro is trying to build bullish momentum against the US dollar after the sellers failed to keep the pair below the support level 1.1053 with gain towards the level of 1.1077. The pair rose slightly during Monday’s trading session, showing signs of life. At this point, the market […]
