Key Resistance Zones: 5800, 6000, 6200 Key Support Zones: 5000, 4800, 4600 France 40 (FR40EUR) Long-term Trends: Bearish France 40 index is in an uptrend as it reaches the high of 6109. The bulls attempted to break the overhead resistance at 6109 on three occasions without breaking it. On the third attempt, the bulls were […]
GBPJPY Price Analysis – March 11 GBPJPY struggles to carry out the turnaround moves of the previous day while declining to a level of 135.40, down 0.7 percent, during Wednesday’s initial Asian session. Prior market bounce on Monday to current levels eased but revived coronavirus worries (COVID-19) seem to weigh on the risk-tone, traders are […]
XAUUSD Price Analysis – March 11 On Wednesday, gold recovered some positive traction and broke two consecutive days in a loss train. The precious metal has recovered most of the nightly drop to $1,642 level, as doubts about the stimulus package proposed by US President Donald Trump to mitigate the economic impact of the Coronavirus […]
Gold Price: XAUUSD regains traction for the resumption of an upward move towards $1,675 level On Wednesday, gold recovered some positive traction and broke two consecutive days in a loss train. The precious metal has recovered most of the nightly drop to $1,642 level, as doubts about the stimulus package proposed by US President Donald […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish BTC/USD pair is now consolidating above $7,800 after its recent fall from $9,200. After it fell to a low of $7,700, the price has been fluctuating above $7,800. At the moment, the bulls are defending the current […]
Key Resistance Zones: 24000, 25000, 26000 Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: Bearish Italy 40 is in an uptrend as the index reaches a high of 25427. On February 19, the index was overbought and the bulls were resisted. The market fell from a high of 25427 to a low […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bearish US Wall Street 30 index is in an uptrend as it reaches the high of 29584. The bulls were resisted and the market has a downward move. The breakdown reaches a low of 26000. After […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish On March 8, Ripple has a breakdown to a low at $0.20 and resumed consolidation above it. For the past two weeks, the bulls and bears have been tussling above the $0.24 price level. The bears finally overwhelmed the […]
USDCHF Price Analysis – March 10 The USDCHF is recovering from a low level of 0.9181 as it is bidding towards 0.9370 level, up 0.83% ahead of the US session on Tuesday. The pair got tips from a signal from global politicians to further stimulate the economy, as well as China’s mitigating barriers for travelers […]
