Price Analysis – November 12 The increase in momentum of the bulls will push up the price to the resistance level of $2.7, which may be penetrated and test the $2.9 and $3.3 price level. Should the bulls fail to break up the dynamic resistance level, the bears may exert pressure to break down the […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is in an upward move. The Yen is in a sideways move after being resisted at level 77.03. On November 9 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the Yen […]
This article was originally written in 2015 and was later published in the book “Unlock Your Potential With the Realities of Trading.” It is reproduced here for readers to understand what really happened to CHF pairs that year and why it was unprecedented. You will also understand why risk control is very important. “…One can […]
XRP/USD Market November 11 The price is targeting the resistance level of $0.26; above the mentioned level are $0.28 and $0.33 resistance levels. Below the current price, in case the price reverses are the barriers found at $0.25, $0.23, and $0.22 support levels. Key Levels: Resistance levels: $0.26, $0.28, $0.33 Support levels: $0.25, $0.23, $0.22 […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trends: BullishFrance 40 index is in an upward move. The index has fallen to level 4600 and resumed upward. The market has broken the previous resistance levels and reached a high of level 5445. Daily Chart Indicators Reading:It is currently […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has fallen to the low at 1.0672 and it rebounded. The rally continued to the high of level 1.08100. The pair is facing resistance at the recent high as the price retraced to level 1.0795. The uptrend is […]
Key HighlightsEther fluctuates above $450 supportThe coin has a target price of $488 high Ethereum (ETH) Current StatisticsThe current price: $458.89Market Capitalization: $52,029,363,330Trading Volume: $14,108,917,588Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 11, 2020On November 10, the altcoin rebounded but could not break the $470 resistance. The […]
GBPJPY Price Analysis – November 11 The GBPJPY surge past the key 140.00 psychological marks while maintaining strength towards two-month highs during the early European session. GBPJPY continued gaining traction for the 3rd day in a row on Wednesday. Refreshed optimism for a Brexit deal boosts the British pound, while the upbeat market mood suppressed […]
EURCAD Price Analysis – November 11 The EURCAD pair is losing a major part of its prior day recovery gains and was last seen hovering near the lower end of its daily trading range, around the 1.5370 level. It stays constrained in sideways trading beneath the 1.5430 level and above the 1.5300 level. The weaker […]
