XRP Weekly Price Analysis – November 30 In case the bulls continue to dominate the XRP/USD market, the price may soar to the resistance at $0.73, $0.79, and $0.88 levels. On the downside, the price may find support levels at $0.61, $0.55, and $0.49. XRP/USD Market Key Levels: Resistance levels: $0.73, $0.79, $0.88 Support levels: […]
Key HighlightsETH trend higher and breaks the current price range of $480 and $520 Ethereum bulls buy the dips on November 26 and resume upside momentum Ethereum (ETH) Current StatisticsThe current price: $567.76Market Capitalization: $64,514,961,747Trading Volume: $14,304,766,539Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 29, 2020On November […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 uptrend is trading below level 30000. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reverse at level 1.272 […]
GBPUSD Price Analysis – November 29 GBPUSD plunged beneath the mid 1.3300 level in the prior session around which it closed. The pair lost upside momentum towards the end of the week as Brexit pessimism and tension contributed to its woes. The lack of progress in talks has hurt demand for sterling. Key LevelsResistance Levels: […]
GBPJPY Price Analysis – November 29 GBPJPY is faced with sellers’ pressure as it stays depressed beneath the 139.00 level and ended the prior session at the lows around the 138.28 regions. The pair dumps after being weighed by the ongoing uncertainty about the Brexit negotiations adding negative pressure to the pound sterling. Key LevelsResistance […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is in an upward movement since November 2. The share has reached the overbought region of the market. On November 16 and 25, the candlesticks possess long wicks. These candlesticks indicate that there is strong selling pressure at a […]
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 but faces resistance at level 0.6800. The resistance at level 0.6800 has been breached. The Kiwi has continued to rise and it is approaching the high of level 0.7000. Daily Chart Indicators Reading:The Kiwi […]
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 pair has been in a downward move since June. The price has been making a series of lower highs and lower lows. On November 18, downtrend, a retraced candlestick tested the 61.8% Fibonacci retracement level. It indicates the […]
Risk management is a crucial topic when it comes to forex trading. Every forex trader wants to minimize losses and maximize profits from each trade. Many traders lose money not because they lack knowledge or have no experience in the market, but due to poor risk management. The right risk management strategy is critical if […]
