GBPJPY Price Analysis – November 27 Against the pound sterling, the Japanese yen has recently experienced a decline in its net position. This briefly pushed the outlook for GBPJPY Sentiment to strengthen the position of buyers. As such, the combination of current sentiment and recent changes gives us a more contrasted GBPJPY trading bias. Key […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bullish XLM has ended its bearish run as the bulls defended the support at $0.055. Today, Stellar is in a positive move to revisit the previous highs. On November 10, the bulls attempted to break the $0.080 overhead resistance but were […]
USDCHF Price Analysis – November 26 The USDCHF reached a new daily high of the level at 0.9987 at the start of the European session but failed to maintain momentum as investors refrained from taking important positions pending further developments on the trade dispute between the United States and China. At the time of writing, […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bullish Bitcoin SV is making a surprising upward move after surviving a downtrend from the overhead resistance at $150. The coin fell to a low of $92 and commenced a bullish move. The price upward move can be sustained if the […]
Key Resistance levels: $275, $300, $325 Key Support Levels: $200, $175, $150 BCH/USD Price Long-term Trend: Bearish Yesterday, Bitcoin Cash bearish run was interrupted as the bulls defended the low at $200. This is the third time the bulls will be defending the support at $200 since September. BCH will move up if the price […]
EURUSD Price Analysis – November 25 The Euro slumped on Monday into early European trading, while unable to hold much of the recovery overnight, despite positive news, the dominant trend stays negative. At the same time, the bears face headwinds and may maintain prolonged consolidation, but should remain fully active while staying beneath the base […]
Key Resistance levels: $4, $5, $6 Key Support Levels: $3, $2, $1 EOS/USD Price Long-term Trend: Bearish EOS traded below the resistance at $3.60. The market is heading southward as the bulls fail to trade above the $3.60 price level. The market is approaching the previous low at $2.60. There is a possibility of a […]
EURJPY Price Analysis – November 22 The European common currency traded between the range on the level at 120.40 / 120.03 handle versus the Japanese yen during yesterday’s trading session. However, an increased momentum may likely impact the FX pair in the next session. In this scenario, the exchange rate may display a level of […]
AUDUSD Price Analysis – November 21 Over the past 24 hours, the Australian dollar has depreciated by approximately 44 basis points versus the US dollar. The currency pair crossed the lower horizontal zone on the level at 0.6810 during yesterday’s trading session. Key Levels Resistance Levels: 0.7205, 0.7085, 0.6929 Support Levels: 0.6769, 0.6710, 0.6670 AUDUSD […]
