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. The index range bound movement has been consistent in the last three months. The range-bound levels are yet to be broken. The market is an upward […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since November 12 after a rebound above level 103.30. The pair is approaching the previous support at level 103.30. The selling pressure will resume if the current is broken. The Yen […]
Price Analysis – November 20 When the bulls break up the resistance level of $2.7, the price may increase towards the resistance level of $2.9 and may extend to $3.3. In case the resistance level of $2.7 holds, consolidation may continue or the price may reverse towards the support levels of $2.4, $2.2, and $1.7. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. The index rebounded and has risen to level 6600. On October 16 uptrend, a retraced candle body tested the 38.2% Fibonacci retracement level. This indicates that the index will rise and reach […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishSince September, the EUR/GBP pair has been falling. The price is making a series of lower highs and lower lows. Presently, the pair is making lower highs. Later the selling pressure will resume. A sell limit can be initiated. Daily […]
Key HighlightsBCH finds support at $242 lowThe crypto will drop to $228 if the support at $242 breaks Bitcoin Cash (BCH) Current StatisticsThe current price: $247.56Market Capitalization: $4,614,863,201Trading Volume: $1,783,234,730Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 19, 2020Since November 8, BCH has been falling consistently. […]
EURUSD Price Analysis – November 19 Following upside rejections, EURUSD broke under and tests the low level at 1.1816 level creating a fresh buying opportunity at 1.1800 to 1.1816 range. The unremitting advance of the pandemic and its impact on the growth prospects of the euro area boost dollar gains on lockdown fears. Key LevelsResistance […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishThe AUD/JPY pair is in a downward ward move after retesting level 77.00 twice. After the breakdown, the pair retested level 76.50 and resumed the downward move. The selling pressure has continued on the downside. Daily Chart Indicators Reading:The 21-day […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trends: BullishFrance 40 index is in an upward move. The index has fallen to level 4600 and resumed upward. On November 10 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the pair will rise […]
