GBPJPY Price Analysis – February 3 GBPJPY has been in a declining move over the last couple of days after the upside rally towards the recent high of 144.09 dwindles further beneath 143.69 level as of today’s European session. The market expects further JPY strength which is not due to a negative view on global […]
EURCAD Price Analysis – February 3 The EURCAD’s lower break of 1.5422 level by sellers now confirms the resumption of the whole decline from 1.5979 towards the mid 1.5300 level. The EURCAD pair had slipped underneath the 1.5400 early during the European session as Loonie stays firm on the oil price surge. However, the primary […]
XRP/USD Market February 02 If the bulls were able to increase their momentum and break up the $0.39 level, then, $0.49, $0.62 will be the next target. Should the resistance at $0.39 holds, the price may continue consolidating at the $0.39 level. However, below the current market price are $0.28, $0.21, and $0.17 support levels. […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is making an upward move after falling to the low of level 21500. After consolidating above level 21500 for four days, the index resumed upward. The price is likely to retest the level 23000 and break it. […]
USDCHF Price Analysis – February 2 The USDCHF for the 3rd day in a row continues to move with an upward surge toward the 0.9000 level. In doing so, the pair marked reversal from the sub 0.8900 zones as the US dollar index extends rally beyond 91.00 giving a boost for the USDCHF pair. Key […]
S&P 500 Price Analysis – February 2 The S&P 500 holds past 3800 levels as upside traction prints fresh highs in the mid 3800 vicinities to maintain the immediate threat of a higher spike. The index had opened positively on Tuesday amid surging oil prices with Energy Index up nearly 2% after the opening bell. […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is fluctuating between levels 0.7100 and 0.7300. Following its rejection at level 0.7300, the pair has been fluctuating since January 6. The Kiwi will resume an uptrend if level 0.7300 is breached. Meanwhile, the market is consolidating above […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has continued its rally. On January 11 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates the Yen is likely to rise to level 2.0 Fibonacci extensions. This is the high of level […]
Key HighlightsLitecoin drops to $134 low after failing to break above the resistance lineThe crypto may lose $120 support if buyers fail to break the resistance line Litecoin (LTC) Current StatisticsThe current price: $138.52Market Capitalization: $11,635,672,150Trading Volume: $6,174,947,435Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis February 2, 2021Litecoin […]
