Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 In the first quarter of 2020, the index was in a downward move. Germany 30 has an opening balance of 13156.20. From January, the index crashed to level 7957, 60 in March. The bulls buy the dips as the market resumed its upward move […]
Just before Christmas, the last-minute Brexit trade was struck. The result is largely in line with expectations. Since Brexit cannot be avoided without a deal, the BOE should be able to keep its powder dry for a year. The likelihood of a negative interest rate has also been reduced, except for unexpected bad news related […]
EURUSD Price Analysis – December 28 Fresh optimism has propelled the EURUSD towards the 1.2250 level with some strong positive traction on Monday amid sustained USD selling bias. The pair is trying to preserve its intraday gains and in search of further gains around the 1.2250/1.2270 region. US stimulus and a post-Brexit trade deal boosted […]
XAGUSD Price Analysis – December 28 Silver (XAGUSD) is in an uptrend with buyers in control of any dip and positioning to go higher towards the $27.00 level. Given that white metal is trading above its moving averages 5 near the $26.00 level, some upside potential could likely prevail in the market in the short […]
NEO Price Analysis – December 28 An increase in the bulls’ pressure may lead to a breakout at the resistance level of $19 which may push the price to $22 and $25 price level. Likewise, the breakdown of the $15 price level will reduce the price to $13 and $12 price level. NEO/USD Market Key […]
Key Resistance Zones: 30500, 31000, 31500Key Support Zones: 26000, 25500, 25000 In 2020, US Wall Street 30 has an opening balance of 28595.20 in January. The index tested the resistance at level 28000 and was repelled. In the first quarter, the market fell to the low of 18213.50 and immediately corrected upward. In other words, […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 has a breakdown in the first quarter of 2020. UKX has an opening balance of 7542.40 in January. FTSE 100 (UKX) share crashed to level 4898.80 and the price corrected upward. The share corrected upward but faced rejection at level 6600. The price pulled […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 In January 2020, NZD/USD has an opening balance of 0.6733. However, the Kiwi has a breakdown in the first quarter of the year as price dropped to 0.5469. Immediately, the bulls buy the dips as the market resumed an upward move. In other words, […]
XRP/USD Market December 27 The support level of $0.22 may be reached before the bulls will push up the price next year 2021, provided the bears were able to maintain their pressure and sustain the price below the $0.28 level. Key Levels: Resistance levels: $0.33, $0.39, $0.44 Support levels: $0.28, $0.22, $0.17, XRP/USD Monthly Trend: […]
