EURUSD Price Analysis – December 16 The EURUSD surge last week stopped at a fairly important resistance level. On the daily chart, the horizontal level at 1.1178 proved an obstacle again. The same level had kept the pair low in the last two months. Key Levels Resistance Levels: 1.1450, 1.1280, 1.1200 Support Levels: 1.1115, 1.1090, […]
Key Resistance levels: $140, $160, $180 Key Support Levels: $80, $60, $40 ADA/USD Long-term Trend: Ranging Currently, Cardano is in a sideways trend as sellers exhaust selling pressure. In the ascending channel, ADA was in an uptrend. The bulls were contending the price at $0.090 overhead resistance . In the first resistance, the coin fell […]
GBPUSD Price Analysis – December 15 The GBPUSD pair reached 1.3514 level last Friday, a level that was last seen in May 2018, after the Conservative Party led by British Prime Minister Boris Johnson won the general elections in the United Kingdom. The pair fell all day on Friday, amid a higher dollar and profit-taking, […]
Key Resistance Levels: $600, $700, $800 Key Support Levels: $400, $300, $200 MKR/USD Price Long-term Trend: Ranging Maker has been trading below the $800 since February. The bulls have made efforts to break above the $800 but could not penetrate the resistance level. After several attempts, the coin fell to the low of $400 and […]
EURJPY Price Analysis – December 13 Strong bullish momentum for the euro against the Japanese yen, as it decisively separates to the top of a new trend, and moves above MA 5 and 13 after the horizontal area. The foreign currency pair is likely to continue closing above for two days in a row after […]
AUDUSD Price Analysis – December 12 AUDUSD continues to grow after the strong breakout on Wednesday. As buyers control the situation, the currency pair is likely going to try to reach the level of 0.6929 and 0.6955 barrier zones, according to the general technical forecast. Key Levels Resistance Levels: 0.7205, 0.7085, 0.6929 Support Levels: 0.6862, […]
Key Resistance levels: $140, $160, $180 Key Support Levels: $80, $60,$40 BSV/USD Long-term Trend: Bearish Early in December, the coin fell to the support at $92 and continued fluctuating above it. Trading at the bottom of the chart is precarious because of the tendency of the price to slide into depreciation. In retrospect, BSV was […]
GBPJPY Price Analysis – December 11 The British Pound gained slightly during the trading session on Wednesday while attempting to retest the 143.66 level after a slight plunge beneath the level at 143. We may likely continue to see this market trying to go up and get a start for the election results. The yen […]
In less than 48 hours, the UK election will be held. There have been so many speculations but major polls conducted predicted conservatives win. If the predictions pull through, the British pound will most likely take an upward trend. Sterling has continued to gain strength in its Euro and dollar pairings in anticipation of conservatives […]
