EURUSD Price Analysis – December 17 The major European currency rose to a new 2020 high, surpassing 1.2220 during the London session, continuing its gains for four days in a row. A combination of supporting factors pushed the pair towards the 1.2200 marks, such as progress in stimulus talks and Brexit talks, which are responsible […]
Price Analysis – December 17 Further increase in the bulls’ pressure will increase the price to the $3.3 resistance level; the bullish momentum may extend to $3.7 and $4.4. However, the support levels below the current price can found at $3.0, $2.7, and $2.4. Key Levels: Resistance levels: $3.3, $3.7, $4.4 Support levels: $3.0, $2.7, […]
XRP/USD Market December 17 In case the bulls were able to maintain their pressure and sustain the price above the $0.55 level, then, $0.63 price level may be reached. Should the bears push down the price to penetrate the $0.55 and the price close below it, the bearish trend may continue and the support level […]
Key HighlightsEthereum breaks $620 resistance and rallies to $648The biggest altcoin is falling as it reaches the overbought region Ethereum (ETH) Current StatisticsThe current price: $637.70Market Capitalization: $72,566,811,029Trading Volume: $18,700,110,105Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis December 17, 2020Ethereum bulls have broken the $620 resistance level. Buyers […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a sideways move below level 5600. The price is consolidating above the SMAs but below the resistance at level 5600. A break above the resistance will compel the index to resume an uptrend. The […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie has been in a downward move. The downtrend is likely to continue. On November 9 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that the pair will fall to level 1.618 Fibonacci […]
GBPJPY Price Analysis – December 16 GBPJPY increases at the day’s start, up 0.08% intraday, as markets in the European session continues rev for Wednesday’s trading. The buying interest around the British pound picked up the pace and propelled the GBPJPY cross to two-day highs around the 139.79 regions. Britain and the European Union agreed […]
EURCAD Price Analysis – December 16 EURCAD is currently trading between moving average 5 and 13 after a bounce past the 1.5500 level during the European session on Wednesday. CAD appears to have received dents from comments of the BOC deputy governor that economic recovery is at a very difficult stage as rising Covid-19 infections […]
Key HighlightsThe crypto now fluctuates between $80 and $84A possible retest of the overhead is likely Litecoin (LTC) Current StatisticsThe current price: $81.33Market Capitalization: $5,384,495,588Trading Volume: $3,781,505,673Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis December 15, 2020Litecoin is trading at $82 as it attempts to retest the $90 […]
