EURUSD Price Analysis – January 14 The EURUSD pair remains on the back foot and retreats beneath 1.2150 to register a European session low of 1.2135 level. At the time of this post, the European currency is hovering up at the 1.2164 level. The new American administration is set to announce a generous stimulus package […]
Key HighlightsBCH is now fluctuating between $430 and $505The sideways trend is characterized by indecisive small body candlesticks Bitcoin Cash (BCH) Current StatisticsThe current price: $495.88Market Capitalization: $10,408,023,970Trading Volume: $5,852,209,328Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 14, 2021Following the breakdown on January 11, BCH […]
Key HighlightsEthereum attains a peak price of $1,346 before the breakdown.The bulls buy the dips but fail to sustain the uptrend Ethereum ETH) Current StatisticsThe current price: $1,111.96Market Capitalization: $126,969,867,867Trading Volume: $29,462,506,307Major supply zones: $1,100, $!,200, $1,300Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 13, 2020 On January 11, Ethereum bulls bought […]
XRP/USD Market January 13 Should the bulls increase their pressure, the price may penetrate the resistance level of $0.39 level; the price may increase to $0.39 and $0.62. In case the resistance level of $0.39 holds, the price may reverse and the support levels of $0.28, $0.21, and $0.17 may be tested. Key Levels: Resistance […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair has been in a sideways move but it is currently falling. Since January 8, the pair has been in a downward move after rejection from level 1.0850. The pair stands the chance of further downward move if the […]
EURCAD Price Analysis – January 13 The EURCAD pair trades under the 1.5550 level after meeting a strong barrier at the 1.5785 level in an upside correction. EURCAD is slipping to sellers’ territory and well on its way for prospects of a price correction. Crude oil made a new swing high and at the same […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is making an upward move. On January 11, the pair was resisted at level 1.2800 as price fell to the previous low. Today, the USD/CAD has resumed an upward move to retest level 1.2800 high. If price breaks […]
The dollar came under selling pressure in America in the afternoon, as equities cut intraday losses and showed moderate gains and US Treasury yields increased. Sterling generally jumped today after the head of the Bank of England criticized negative interest rates associated with many problems. Commodity currencies are currently the next strongest, having partially overcome […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend but faces rejection at level 23000. The index is falling and may reach the previous low of level 21078. The price action is characterized by small body candlesticks called Doji and Spinning tops. […]
