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. Since November 2, the pair has continued its rally as it reaches the high of 0.70659. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi will rise […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since June. In November, buyers have been attempting to break level 104.30 resistances. Each attempt at the resistance will result in a downward move. Today, the pair has fallen and it […]
USDCHF Price Analysis – December 15 The USDCHF pair plunged to its lowest level of 0.8850 and stays pressured in a tight range while posting multi-year lows on Tuesday and seems to be having a difficult time staging a meaningful rebound amid the broad-based USD weakness. As of writing, the pair remains flat on the […]
S&P 500 Price Analysis – December 15 S&P 500 is continuing in the positive territory as coronavirus vaccine rollout and heightened hopes for a US stimulus deal caused a positive shift in risk sentiment. The S&P 500 reversed the prior day’s loss posting a small, potentially positive gain. As of writing, the S&P 500 is […]
Key HighlightsBCH recovers and holds above $250 supportBuyers attempt to reclaim the $280 support to resume upside range momentum Bitcoin Cash (BCH) Current StatisticsThe current price: $275.78Market Capitalization: $5,139,770,144Trading Volume: $1,573,929,595Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis December 14, 2020Bitcoin Cash has recovered from its downward […]
EURUSD Price Analysis – December 15 EURUSD buyers continued with a long position while building on the gains of the prior two weeks which leaves an upside bias on the longer-term projections. The pair sustains upside bias near 2020 highs at 1.2177 level trading presently at 1.2144 level, as Brexit’s optimism weighed on the dollar’s […]
NEO Price Analysis – December 14 The continuation of the bullish movement will place the price at the $19 resistance level. The breakup of the just mentioned level will expose the price to the $22 and $25 resistance level. Below the current price level of NEO are support levels at$16, $13, and $12. NEO/USD Market […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishGermany 30 is an upward move but it is facing resistance at level 13350. It was most likely to reach bullish exhaustion as it faces rejection. On November 10, a retraced candle body tested the 88.6% Fibonacci retracement. This […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair has risen to level 1.0785 and it is facing resistance at the recent high. On December 10 downtrend, A retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the pair will fall and reverse at […]
