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 June. Presently, the pair is moving up. Later, the downward move will resume. The price will reverse once it e reaches level 104.40. Daily Chart Indicators Reading:Presently, the SMAs are […]
USDCHF Price Analysis – December 22 The USDCHF pair to 0.8900 level in the prior session returns 0.8845 low today while erasing earlier gains. The pair stays pressured in a tight range and is unable to preserve its momentum amid a lack of significant fundamental drivers. As of writing, the pair remains flat on the […]
S&P 500 Price Analysis – December 22 The S&P 500 setback extended to test lows around the 3600 level as expected but is continuing in the positive territory as economic recovery shows potential for the uptrend to the level 3900, but if due to the covid US will go to lockdown and the market may […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is in an upward move but it is facing resistance at level 13800. The index has resumed a downward move after rejection. The price plunged to level 13000 and pulled back. There seems to be buying pressure […]
Key HighlightsBCH faces rejection at $360The altcoin is fluctuating below the $320 resistance level Bitcoin Cash (BCH) Current StatisticsThe current price: $310.45Market Capitalization: $5,820,628,389Trading Volume: $7,309,753,117Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis December 22, 2020Yesterday, the bulls broke the $320 resistance and retested the $360 […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has risen to level 1.0850 and it is facing resistance at the recent high. Today, the pair tested the resistance and was repelled. Since July the resistance level has not been broken. There is a likelihood of further […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe pound is in a strong uptrend. It has broken the previous resistance levels and it is approaching the high of level 0.9150. On December 15, a retraced candle body tested the 50% Fibonacci retracement level. It indicates that the […]
EURUSD Price Analysis – December 21 EURUSD fell below the 1.22 level and some subsequent selling could accelerate the corrective fall towards 1.2100. The resumption of the decline in major currencies may be associated with a rebound in the rally in the US dollar against its major counterparts. The US dollar index opened the week […]
Key HighlightsEthereum is struggling below $680 resistanceEther has a target price of $800 The current price: $625.94Market Capitalization: $72,044,435,562Trading Volume: $14,203,783,976Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis December 21, 2020After overcoming the $620 overhead resistance, the biggest altcoin has moved up to $670 high. Presently, the crypto […]
