Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD 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 extensions. […]
EURCAD Price Analysis – December 9 EURCAD has come under renewed selling pressure, falling back towards the sub 1.5500 level. The common European currency has plunged by 0.29% against the Canadian Dollar since the day’s start. The central event in both the US and Europe is the outcome of the stimulus budget fights except CAD […]
ADA Price Analysis – December 09 Further increase in the bears’ pressure may push the price to reach the support level of $0.1; below this level is the $0.10 support level. Should the support level of $0.13 holds, then, ADA will be confronted with the resistance levels at $0.16, $0.17, and $0.19. ADA/USD Market Key […]
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. Daily Chart […]
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. The pair rallied to level 0.7100 but faced rejection at the recent high. The Kiwi retraced and found support above level 0.7000. The support at level 0.7000 is likely to hold because of an […]
Key HighlightsBuyers fail to break the $90 overhead resistance after three unsuccessful attemptsLitecoin is likely to be range-bound between $78 and $88 Litecoin (LTC) Current StatisticsThe current price: $81.32Market Capitalization: $5,329,919,360Trading Volume: $3,960,545,045Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis December 8, 2020After three unsuccessful attempts, buyers fail […]
USDCHF Price Analysis – December 8 USDCHF is trading around the level at 0.8892 having traveled between a range of 0.8914 and 0.8887 level on the day so far. The pair has plunged to its lowest level in 5 years at 0.8885 level as US Dollar Index clings to modest gains near 91.00. Key LevelsResistance […]
S&P 500 Price Analysis – December 8 S&P 500 index declined towards a level at 3676, down 0.30%, during the session. The index extends the prior day’s pullback from the historic high of 3706 levels. S&P 500 is modestly lower and seems to be struggling to pare its losses. The uncertainty over the US stimulus […]
Key HighlightsThe altcoin is consolidating between $280 and $300Bitcoin Cash will reach a low of $258 if the selling pressure persists Bitcoin Cash (BCH) Current StatisticsThe current price: $281.57 Market Capitalization: $5,191,316,193Trading Volume: $1,354,663,829Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis December 8, 2020Bitcoin Cash is in a […]
