Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe pair is facing rejection at level 102.00. USD/JPY was first rejected at level 104.00 as it fell to 103.71 low. Also, the Yen was repelled at the 50-day SMA as the pair resumes downward. The selling pressure will resume […]
NEO Price Analysis – January 26 Further increase in the bulls’ momentum may break up the resistance level of $25, which will increase the price to $28 – $34 price level. When the $25 level holds the price the bears may push down the price to $22 support level in which $19 and $15 levels […]
USDCHF Price Analysis – January 26 USDCHF has been stabilizing beyond mid 0.8800 extending its recovery moves towards 0.8900 level during the European session on Tuesday. Amid the unstable market sentiment, the risk-off mood bolsters the US dollar strength and the quote’s upside advance. Key LevelsResistance Levels: 0.9187, 0.9093, 0.8998Support Levels: 0.8858, 0.8746, 0.8639USDCHF Long […]
S&P 500 Price Analysis – January 26 The risk sentiment took a fresh on S&P 500 as it probes recent lows in the 3830 vicinity deepening losses to the tune of 0.60% while heading towards 3800 levels. US Senate Majority Leader Chuck Schumer raised doubts over the swift approval of President Joe Biden’s $1.9T fiscal […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair has been in a sideways move as it fluctuates between levels 1.0750 and 1.0860. EUR/CHF has been in a downward move as it fell to level 1.0750 on January 15. The market is moving up to retest level […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishEUR/GBP has been trading marginally in a downward move. The market has not shown significant price movement. On January 14, downtrend, a retraced candle body tested the 88.6% Fibonacci retracement level. The retracement indicates that the pair will fall to […]
EURUSD Price Analysis – January 25 Earlier on Monday fresh optimism propelled the EURUSD to the 1.2183 level with some retreats to the 1.2140 mark for further positive traction as the pair acts to preserve its intraday gains. The pair met fresh supply on downbeat German IFO data, heading past the prior day’s low at […]
XAGUSD Price Analysis – January 25 The precious metal market is mixed as Silver (XAGUSD) bulls and bears tussle into a phase of consolidation at the mid $25.00 level, having rebounded from prior sessions plunge to the $25 mark. Markets are on the rise as the Biden administration pushes for stimulus ahead of the Fed […]
Key HighlightsEthereum has risen to $1,365 high to retest the recent highEther attempts the next target price at level $1,675 Ethereum ETH) Current StatisticsThe current price: $1,373.71Market Capitalization: $157,085,182,317Trading Volume: $34,871,573,652Major supply zones: $1,500, $1,600, $1,300Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis January 24, 2020 Ether has risen and at the point […]
