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USD/JPY: Massive Selloff

USD/JPY: Massive Selloff
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Chainlink (LINK) Price Analysis: LINK Is in a Downward Correction, a Breakdown to $0.40 Low Likely

Key HighlightsLINK risks further decline to $6.14 lowThe coin faces rejection from the recent high of $16 Chainlink (LINK) Current StatisticsThe current price: $11.67 Market Capitalization: $4,625,555,54Trading Volume: $988,347,716Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis December 11, 2020Following its rejection at the $16 overhead resistance, LINK plunged to […]

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Japan 225 (JP225USD) Is in an Uptrend, Battles Level 27000 Resistance Zone

Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has been on an upward move. The index is consolidating below the resistance at level 26900. On November 18, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise […]

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EURJPY Plunges Beneath 126.00 Level Rapidly on ECB’s Exchange Comments

EURJPY Price Analysis – December 11 EURJPY has plunged sharply after increasing towards 126.61 level. The currency pair breached the 126.00 mark level during Friday’s trading session. EURJPY has been grinding lower after the ECB decision and Villeroy’s comments on the euro exchange rate. Key LevelsResistance Levels: 127.50, 127.07, 126.68Support Levels: 126.00, 125.00, 123.90EURJPY Long-term […]

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Shanghai SE Composite Index (SHCOMP) Is in a Downtrend, May Reverse at Level 3325.838

Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. The index has risen to level 3457. Presently, it is making a downward move. The price has broken the 21-day SMA but approaching the 50-day SMA. […]

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USDCHF Rebounds but Stays Weak Beneath 0.8900 Level Amid Depressed US Dollar Index (DXY)

USDCHF Price Analysis – December 11 The USDCHF pair declined to its lowest level around the level at 0.8851 on Friday but presents a rebound during the American session. The selling pressure surrounding the US Dollar Index (DXY) is reflecting the broad-based USD weakness resulting in further weakness for the USDCHF pair. Key LevelsResistance Levels: […]

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USD/JPY Continues Downtrend, May Reach the Low of 103.75

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. The price has been falling from level 105.50. On November 18 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Yen will […]

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