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Japan 225 (JP225USD) Breaks Level 29000, Resumes up Trending

Key Resistance Zones: 27200, 27600, 28000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has continued the upward move after breaking the resistance at level 29000. Since January 14, the index has been trading below level 29000 before it was broken; The index is approaching level 30000. Daily Chart Indicators Reading:Japan […]

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Shanghai SE Composite Index (SHCOMP) Finds Support at Level 3450, Resumes Upward Move

Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP has resumed upward after falling to the low of 3450. The price has broken above the SMAs. This is an indication that the index will continue to rise on the upside. Daily Chart Indicators Reading:SHCOMP has […]

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EURJPY Surpasses 127.00 Level As Weakness Around Yen Sustains Buying Interest

EURJPY Price Analysis – February 12 The EURJPY pair increases after crossing beyond the 127.00 level during Friday’s European session. It adds to the recent upside move after reclaiming the round figure. Following the price action caused by persistent weakness surrounding the Yen, EURJPY appears to sustain buying interest. Key LevelsResistance Levels: 130.18, 128.67, 127.50Support […]

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USDCHF Rebounds Around 0.8900 Level As Upbeat Market Mood Caps CHF

USDCHF Price Analysis – February 12 After easing to 0.8892 lows at the prior session, the USDCHF pair rebounds around the 0.8900 zones during Friday’s European session with market action turning upwards. Meanwhile, the upbeat market mood helps USDCHF limit its downside despite the USD’s weakness. Key LevelsResistance Levels: 0.9093, 0.9045, 0.8998Support Levels: 0.8900, 0.8858, […]

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Chainlink (LINK) Price Analysis: LINK Resumes Uptrend to Retest the $28 Resistance

Key HighlightsLINK attains a new high of $28.64 The altcoin faces rejection at the recent high Chainlink (LINK) Current StatisticsThe current price: $27.31Market Capitalization: $27,196,500,231Trading Volume: $3,142,066,909Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis February 12, 2021LINK price has been making a series of higher highs and higher […]

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Australia 200 (AU200AUD) Is Consolidating Above Level 6800, May Resume Upward

Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trends: BullishAU200AUD is trading below level 6800. The index has been consolidating above level 6800 since January 20. Australia 200 has been trading marginally. The market has been characterized by indecisive small body candlesticks. Buyers and sellers have reached a […]

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EUR/GBP Consolidates Above Level 0.8746, Downtrend Likely

Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP has continued its downward move. The price is making lower highs and lower lows. The pair has fallen to the low of level 0.8746 and resumed above it. The downtrend will continue once the current support is broken. […]

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AUD/JPY Breaks Level 81.00, Pushes on the Upside

Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY has been trading below level 81.00 resistances, Since January 8. Today, the price has broken level 81.00 resistance. That means the market will move up. However, the upward move is doubtful because the RSI is approaching the overbought region. […]

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