Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair has been in a downward move since June. The price has been making a series of lower highs and lower lows. On November 18, downtrend, a retraced candlestick tested the 61.8% Fibonacci retracement level. It indicates the […]
Risk management is a crucial topic when it comes to forex trading. Every forex trader wants to minimize losses and maximize profits from each trade. Many traders lose money not because they lack knowledge or have no experience in the market, but due to poor risk management. The right risk management strategy is critical if […]
BNBUSD Price Analysis – November 27 The breakdown of the support level of $26 may push down the price to the September low which is the $22 level provided the $26 and $24 price level do not hold. In case the support level of $26 holds, the price may reverse and face the resistance levels […]
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 price has risen to the upper price range. In a ranging market, the price will retest the upper and lower price range to resume the […]
Key HighlightsThe coin rallies to $16 highLINK crashes to $11.40 Chainlink (LINK) Current StatisticsThe current price: $12.44Market Capitalization: $4,897,406,689Trading Volume: $1,714,986,757Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis November 27, 2020Since on November 16, the bulls broke the $13 resistance and rallied to a$16 high. The uptrend was […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 rebounded above level 23200 to resume its rally. On November 16 uptrend, a retraced candle body tested the 78.6% retracement level. This implies that Japan 225 will rise to level 1.272 Fibonacci extensions and reverse. That is […]
EURJPY Price Analysis – November 27 EURJPY upside meets a tough barrier around the mid-124.00 level towards the end of the week on Friday. On the other hand, the currency exchange rate might make a brief retracement towards the 124.00 area within this session. Europe is seeing rays of light in getting the second COVID-19 […]
USDCHF Price Analysis – November 27 The US dollar has continued its downtrend against the Swiss franc for the 3rd day in a row, extending its downside focus beneath sub 0.9100 level on Friday. The USDCHF stays on the defensive amid risk aversion weighing the dollar against the Swiss franc. Key LevelsResistance Levels: 0.9296, 0.9207, […]
Key HighlightsBCH faces rejection at the $360 resistanceBCH slumps to $256 after rejection. Bitcoin Cash (BCH) Current StatisticsThe current price: $269.66Market Capitalization: $5,011,228,966Trading Volume: $4,688,887,163Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 27, 2020Today, BCH is trading at $256 after rejection at the $360 overhead resistance. […]
