Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY is now in an upward move. Since January 8, the pair has not been able to break the resistance at 81.00. The Yen has been trading below the resistance level. With each attempt at the resistance, the price would […]
Price Analysis – January 28 Should the bulls maintain their momentum to break up the resistance level of $2.7, then, the price may test the $2.9 and $3.3 levels. In case the bears defend the resistance level of $2.7, the support level of $2.4, $2.2, and $2.0 may be the target. The bullish trend may […]
AUDUSD Price Analysis – January 28 AUDUSD added to its intraday losses and fell to a weekly low below 0.7600 for the 2nd day in a row at the start of the European session. Heavy selling pressure around the AUDUSD pair intensified and knocked rates down to their lowest level in two weeks around 0.7591. […]
XRP/USD Market January 28 The increase in the bears’ pressure may push the price to penetrate the support level of $0.21 level; this may decrease the price to $0.17 and $0.10. In case the support level of $0.21 does not give way, the price may increase to the resistance levels of $0.28, $0.39, and $0.49. […]
EURUSD Price Analysis – January 28 EURUSD came under downside pressure in the prior session but despite the recent price action the selling bias fades at 1.2100 in the present session. A row over vaccines is set to delay the eurozone’s recovery, however, there is more room for risk aversion. Key LevelsResistance Levels: 1.2300, 1.2240, […]
Key Highlights BCH drops to the low of $370 and reboundedBitcoin Cash is likely to resume upside momentum if the current support holds Bitcoin Cash (BCH) Current StatisticsThe current price: $389.41Market Capitalization: $8,178,060,983Trading Volume: $6,672,163,220Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis January 28, 2021 Today, […]
Key Highlights The biggest altcoin is facing rejection at $1400 highEthereum fluctuates between $1,000 and $1,400 Ethereum ETH) Current StatisticsThe current price: $1,253.22Market Capitalization: $143,539,379,138Trading Volume: $39,489,613,323Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 28, 2020 Ethereum upward move is threatened as it faces rejection at the […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFrance’s 40 index is in a downward move. FR40EUR has fallen since January 11. Today, the market has fallen from level 5689 to level 5411.50. A further downward movement is expected. Daily Chart Indicators Reading:The index is currently at […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF has r downward move after testing level 1.0780. On January 18 downtrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the pair will fall to level 1.272 Fibonacci extension or level 1.0704. Daily […]
