Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishEUR/GBP has been in a downward move since September 11. The selling pressure is reaching bearish exhaustion. On October 21 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This implies that the pound will fall and reverse […]
GBPUSD Price Analysis – November 1 The GBPUSD pair posted a modest intraday advance in the prior session but selling bias holds lower under the 1.3000 level. Prime Minister Boris Johnson announced a UK nationwide lockdown on Saturday, also extending coronavirus wage subsidies. GBPUSD may trend lower at the weekly opening and lose the 1.2881 […]
Key HighlightsEther consolidates between levels 375 and $394The upward move likely Ethereum (ETH) Current StatisticsThe current price: $389.05Market Capitalization: $44,059,391,006Trading Volume: $8,913,925,698Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 1, 2020Ethereum has continued its upward move after recovering above $380 support. On October 30, the biggest altcoin […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishThe index has been in a downward move. The price has fallen and reached level 26400. There are signs of bullish signals as the downward move reach bearish exhaustion. Daily Chart Indicators Reading:The 21-day and the 50-day […]
GBPJPY Price Analysis – November 1 The GBPJPY price managed to swing higher at month-end lows and was last seen trading with modest gains, just to mid 135.00 psychological marks. Tomorrow is the 1st trading day in November, and the pound has been struggling over the last few days into the month-end. The rapid pace […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 is in a downtrend and has reached bearish exhaustion. On October 22 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This implies that (UKX) is likely to reach level 1.272 and reverse. However, the reversal will […]
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 has been in a downward move since October 28. The pair has fallen to level 0.66105 and it is approaching bearish exhaustion. The market is experiencing buying pressure at level 0.6600 support zone. Daily Chart Indicators Reading:The Kiwi has […]
THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIESAccording to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical analysts focus on patterns of […]
Key HighlightsLINK resumes a downward moveThe crypto is likely to reach a low of $9. 63 Chainlink (LINK) Current StatisticsThe current price: $11.14Market Capitalization: $4,351,047,564Trading Volume: $1,670,028,120Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis October 31, 2020LINK price is making a series of lower highs and lower lows. […]
.00001320 as Bulls Begin to Rebuild Momentum" decoding="async" fetchpriority="high" data-lazy-src="https://learn2.trade/wp-content/uploads/2026/01/LBLOCK-1Day-1.png"/>
