Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. On November 24, the index rallied to level 22500. The market has been consolidating below the resistance since November 24. The uptrend will resume if the bulls break the current resistance. The resistance […]
ADA Price Analysis – December 15 Should the bulls increase their momentum and push the price above the resistance level of $0.16, then, $0.17 and $0.19 may be tested. In case the price is rejected at the $0.16 level, price consolidation may commence. The support level can be found at $0.13, $0.11, and $0.10 levels […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is in an upward move. Since November 2, the pair has continued its rally as it reaches the high of 0.70659. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi will rise […]
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. In November, buyers have been attempting to break level 104.30 resistances. Each attempt at the resistance will result in a downward move. Today, the pair has fallen and it […]
USDCHF Price Analysis – December 15 The USDCHF pair plunged to its lowest level of 0.8850 and stays pressured in a tight range while posting multi-year lows on Tuesday and seems to be having a difficult time staging a meaningful rebound amid the broad-based USD weakness. As of writing, the pair remains flat on the […]
S&P 500 Price Analysis – December 15 S&P 500 is continuing in the positive territory as coronavirus vaccine rollout and heightened hopes for a US stimulus deal caused a positive shift in risk sentiment. The S&P 500 reversed the prior day’s loss posting a small, potentially positive gain. As of writing, the S&P 500 is […]
Key HighlightsBCH recovers and holds above $250 supportBuyers attempt to reclaim the $280 support to resume upside range momentum Bitcoin Cash (BCH) Current StatisticsThe current price: $275.78Market Capitalization: $5,139,770,144Trading Volume: $1,573,929,595Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis December 14, 2020Bitcoin Cash has recovered from its downward […]
EURUSD Price Analysis – December 15 EURUSD buyers continued with a long position while building on the gains of the prior two weeks which leaves an upside bias on the longer-term projections. The pair sustains upside bias near 2020 highs at 1.2177 level trading presently at 1.2144 level, as Brexit’s optimism weighed on the dollar’s […]
NEO Price Analysis – December 14 The continuation of the bullish movement will place the price at the $19 resistance level. The breakup of the just mentioned level will expose the price to the $22 and $25 resistance level. Below the current price level of NEO are support levels at$16, $13, and $12. NEO/USD Market […]
