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GBPJPY Upside Move Capped by 139.74 Barrier As Mild Risk Tone Revives JPY Demand

GBPJPY Price Analysis – November 25 GBPJPY stalls upside move and stays capped by up to two-week highs at 139.74 level, the cross witnessed a modest pullback on Wednesday. The GBPJPY witnessed some selling and dropped to fresh daily lows around 139.00 level. Key LevelsResistance Levels: 142.71, 140.31, 139.74Support Levels: 138.38, 137.50, 134.40GBPJPY Long term […]

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EUR/CHF Is in a Downward Move, May Reach the Low of 1.0744

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingThe pair has risen to level 1.0822 and it is facing resistance at the recent high. Today candlestick has a long wick at the upper price level. This indicates a strong selling pressure at a higher price level.Therefore the pair […]

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Italy 40 (ITA40) Continues the Upside Momentum, Reaches Overbought Region at Level 21379

Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index has risen since October 29. A retraced candle body tested the 88.6 Fibonacci retracement level. This implies that the index will rise to level 1.1129 Fibonacci extension level. The price will […]

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Litecoin (LTC) Sustains Recent Rallies, Faces Resistance at $90 High

Key HighlightsLitecoin rallies to the high of $90The crypto may be range-bound between $80 and $90 Litecoin (LTC) Current StatisticsThe current price: $89.20Market Capitalization: $5,900,735,267Trading Volume: $7,953,660,011Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis November 24, 2020Litecoin has continued its rallies as the coin reached a high of […]

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NZD/USD Resumes Uptrend , Targets level 0.7000

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. The pair has risen and it is approaching the overbought region of the market On November 11, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi will […]

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USD/JPY Resumes Upward After Falling to 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: BullishThe USD/JPY pair has resumed upward after falling to the low of level 103.80. The Yen is moving up to retest level 105.50. At the high of level 105.50, a downward move will ensue if the resistance remains unbroken. The […]

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