GBPJPY Price Analysis – December 6 GBPJPY is moving with an upside sentiment, resting around the critical barrier, and awaits the next catalyst. The pair’s buyers anticipate a raised prospect of a rally towards the old highs in an extension that looms beyond the 140.00 level. Key LevelsResistance Levels: 147.95, 144.95, 142.71Support Levels: 138.38, 137.50, […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is in an upward move. Since November 2, the pair has continued its rally as it reaches the high of 0.70659. The Kiwi has reached a high of level 0.7100 and it is currently facing rejection. The current selling […]
BNBUSD Price Analysis – December 05 The breakdown of the support level of $26 may push down the price to the September low which is the $22 level provided the $26 and $24 price level do not hold. In case the support level of $26 holds, the price may reverse and face the resistance levels […]
The first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]
Key HighlightsLINK faces rejection after reaching the high of $16The coin is falling and may revisit the previous low at $11 Chainlink (LINK) Current StatisticsThe current price: $12.77Market Capitalization: $5,060,807,660 Trading Volume: $1,240,464,420Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis December 4, 2020LINK is falling and trading at $13 […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has been in an upward move and has rallied on the upside. The index is facing resistance at level 27000. On November 16 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates […]
EURJPY Price Analysis – December 4 EURJPY stays bid in the upper end of the recent range while renewing its upside bias with the level at 127.07 in focus. The pair confronts upside barriers at the end of the week against the backdrop of the prevailing risk appetite trend in the global markets. Key LevelsResistance […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. Since December 2 the bulls tested level 3470 and pulled back. The index will rise to level 3560 if the current resistance is breached. Meanwhile, the […]
USDCHF Price Analysis -December 4 Despite heavy selling on USDCHF for 3 days in a row went beneath the 0.8900 level to fresh multi-year lows, the pair may likely rebound in subsequent sessions. The US dollar index may prolong its recent weak sentiment amid signs of progress towards additional US fiscal stimulus. Key LevelsResistance Levels: […]
