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Germany 30 (DE30EUR) Uptrend Is Facing an Uphill Task to Break Level 14000

Key Resistance Zones: 12800, 13200, 13600Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is currently in an upward move. The uptrend is facing resistance at level 14000. On January 18, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the index will rise and reach […]

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Litecoin (LTC) Falls at the $147 High, Fails to Break the Resistance Line

Key HighlightsLitecoin is in a downtrend and may slide to $96 lowThe crypto is making a series of lower highs and lower lows Litecoin (LTC) Current StatisticsThe current price: $131.09Market Capitalization: $11,011,847,219Trading Volume: $5,738,514,349Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 27, 2021Litecoin resumed a downward move […]

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NZD/USD Rebounds above Level 0.7200, Faces Minor Resistance at 0.7240

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 rebounded above level 0.7200 and has continued to rise on the upside. On January 7 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NZD/USD pair will rise to level 1.618 Fibonacci […]

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USD/JPY Resumes Downward After Testing Level 103.80

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe pair is facing rejection at level 102.00. USD/JPY was first rejected at level 104.00 as it fell to 103.71 low. Also, the Yen was repelled at the 50-day SMA as the pair resumes downward. The selling pressure will resume […]

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USDCHF Extend Recovery Moves Towards 0.8900 As Risk-Off Bolsters USD Strength

USDCHF Price Analysis – January 26 USDCHF has been stabilizing beyond mid 0.8800 extending its recovery moves towards 0.8900 level during the European session on Tuesday. Amid the unstable market sentiment, the risk-off mood bolsters the US dollar strength and the quote’s upside advance. Key LevelsResistance Levels: 0.9187, 0.9093, 0.8998Support Levels: 0.8858, 0.8746, 0.8639USDCHF Long […]

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