XAGUSD Price Analysis – November 23 Silver price rose to $24.39 level, up 0.32% intraday, amid Monday’s trading session. In doing so, the white metal battles the $24.50 barrier as market hopes for fiscal support. XAGUSD trades sharply beneath highs made at the start of the European session but holds onto decent gains on the […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishSince September, the EUR/GBP pair has been falling. On November 13, the selling pressure resumes as the price fell to a low at 0.8890. The pound is expected to further depreciate. Daily Chart Indicators Reading:The 50-day and 21-day SMAs are […]
Key HighlightsEther rebounds above $470 support, resumes upward Ethereum is in a fresh uptrend, targets the $620 high Ethereum (ETH) Current StatisticsThe current price: $565.32Market Capitalization: $64,184,370,910Trading Volume: $24,563,337,109Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 22, 2020Ethereum makes an impressive bullish run as bulls breach more […]
XRP/USD Market November 22 The price may reach the resistance level of $0.28 provided the bulls increase their pressure, in case the mentioned level does not hold the resistance level of $0.33 and $0.36 may be tested. Should the bears exert more pressure, the support level of $0.26 may be penetrated and the support levels […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishUS Wall Street 30 uptrend terminated at level 30000. The downward move has resumed as price fell to the low at level 29232. The selling pressure will persist if the price breaks below level 28800. Daily Chart […]
GBPUSD Price Analysis – November 22 GBPUSD regains lost ground and pushes through upside barriers to reach levels towards the 1.3300 level. The GBPUSD has continued its upward advance, buoyed by a more upbeat view about the outcome of the negotiations on Brexit Progress. Key LevelsResistance Levels: 1.3514, 1.3482, 1.3313Support Levels: 1.3260, 1.3106, 1.2881GBPUSD Long-term […]
GBPJPY Price Analysis – November 22 The GBPJPY is stuck within a tight range after recovering from early selling pressure during the prior trading day at 137.50 level. The cross was last seen trading with modest daily gains, around the 137.92 regions. GBPJPY drifted higher on the back of encouraging vaccine news and Brexit hopes […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an upward movement since November 2. On November 16 uptrend, the retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the UKX index is likely to rise and reverse at level 1.272 Fibonacci retracement […]
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 and has broken the resistance at level 0.6900. The price has risen to level 0.6927. On November 11, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi […]
