Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is an upward move but it is facing resistance at level 13200. It must have reached bullish exhaustion as it faces rejection. On November 10, a retraced candle body tested the 88.6% Fibonacci retracement. This indicates that […]
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 risen to level 1.0822 and it is facing resistance at the recent high. On November 10 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. This implies that the pair will reach level 1.618 Fibonacci […]
EURUSD Price Analysis – November 30 The EURUSD has continued its recent upside swing with an attempt to run through the 1.20 marks suggesting price is en route to its 2020 2-year high at 1.2011 level after days of range. The US dollar has also been on the back foot as news coming from the […]
XAGUSD Price Analysis – November 30 Silver (XAGUSD) resumes last week’s sell-off amid optimism for an economic rebound as the white metal slumps under the $22.00 level. Any rebound attempt is probably going to stay shallow beneath the confluence zone around the $23.50 level. Key LevelsResistance Levels: $26.00, $23.50, $22.83Support Levels: $21.66, $19.65, $18.37XAGUSD Long […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe pound is still making lower highs and lower lows. Presently, it is falling after rejection at level 0.8990. Since November 9, buyers have not been able to push above level 0.8990. Therefore the pound is likely to fall. Daily […]
XRP Weekly Price Analysis – November 30 In case the bulls continue to dominate the XRP/USD market, the price may soar to the resistance at $0.73, $0.79, and $0.88 levels. On the downside, the price may find support levels at $0.61, $0.55, and $0.49. XRP/USD Market Key Levels: Resistance levels: $0.73, $0.79, $0.88 Support levels: […]
Key HighlightsETH trend higher and breaks the current price range of $480 and $520 Ethereum bulls buy the dips on November 26 and resume upside momentum Ethereum (ETH) Current StatisticsThe current price: $567.76Market Capitalization: $64,514,961,747Trading Volume: $14,304,766,539Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 29, 2020On November […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 uptrend is trading below level 30000. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise and reverse at level 1.272 […]
GBPUSD Price Analysis – November 29 GBPUSD plunged beneath the mid 1.3300 level in the prior session around which it closed. The pair lost upside momentum towards the end of the week as Brexit pessimism and tension contributed to its woes. The lack of progress in talks has hurt demand for sterling. Key LevelsResistance Levels: […]
