XRP/USD Market November 22 The price may reach the resistance level of $0.28 provided the bulls increase their pressure, in case the mentioned level does not hold the resistance level of $0.33 and $0.36 may be tested. Should the bears exert more pressure, the support level of $0.26 may be penetrated and the support levels […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishUS Wall Street 30 uptrend terminated at level 30000. The downward move has resumed as price fell to the low at level 29232. The selling pressure will persist if the price breaks below level 28800. Daily Chart […]
GBPUSD Price Analysis – November 22 GBPUSD regains lost ground and pushes through upside barriers to reach levels towards the 1.3300 level. The GBPUSD has continued its upward advance, buoyed by a more upbeat view about the outcome of the negotiations on Brexit Progress. Key LevelsResistance Levels: 1.3514, 1.3482, 1.3313Support Levels: 1.3260, 1.3106, 1.2881GBPUSD Long-term […]
GBPJPY Price Analysis – November 22 The GBPJPY is stuck within a tight range after recovering from early selling pressure during the prior trading day at 137.50 level. The cross was last seen trading with modest daily gains, around the 137.92 regions. GBPJPY drifted higher on the back of encouraging vaccine news and Brexit hopes […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an upward movement since November 2. On November 16 uptrend, the retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the UKX index is likely to rise and reverse at level 1.272 Fibonacci retracement […]
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 and has broken the resistance at level 0.6900. The price has risen to level 0.6927. On November 11, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi […]
BNBUSD Price Analysis – November 21 The breakup of the price at the resistance level of $29 and the daily candle closes above the $29 will make the price to reach the resistance levels at $31 and $33. In the same vein, the breakdown and the closing of the daily candle below the support level […]
EURJPY Price Analysis – November 20 The EURJPY pair is attempting to close beneath the 123.37 price zone as speculative interest stays trapped between coronavirus outbreaks and vaccine hopes. The pairs selling momentum remains toward the 123.00 level. Key LevelsResistance Levels: 127.07, 125.00, 123.37Support Levels: 122.37, 121.61, 119.31EURJPY Long term Trend: RangingAs seen in the […]
USDCHF Price Analysis – November 20 The USDCHF pair retreated under the 0.9100 level during Friday’s trading session turning south to a low of 0.9091 level. As of writing, the pair was down 0.08% daily at the 0.9104 level. All through the week, USDCHF remains on track to post small losses US Dollar Index gains […]
