BNBUSD Price Analysis – November 21 The breakup of the price at the resistance level of $29 and the daily candle closes above the $29 will make the price to reach the resistance levels at $31 and $33. In the same vein, the breakdown and the closing of the daily candle below the support level […]
EURJPY Price Analysis – November 20 The EURJPY pair is attempting to close beneath the 123.37 price zone as speculative interest stays trapped between coronavirus outbreaks and vaccine hopes. The pairs selling momentum remains toward the 123.00 level. Key LevelsResistance Levels: 127.07, 125.00, 123.37Support Levels: 122.37, 121.61, 119.31EURJPY Long term Trend: RangingAs seen in the […]
USDCHF Price Analysis – November 20 The USDCHF pair retreated under the 0.9100 level during Friday’s trading session turning south to a low of 0.9091 level. As of writing, the pair was down 0.08% daily at the 0.9104 level. All through the week, USDCHF remains on track to post small losses US Dollar Index gains […]
Key HighlightsToday, LINK price breaks the resistance at $13.50LINK has a target price of $17 Chainlink (LINK) Current StatisticsThe current price: $14.04Market Capitalization: $5,579,129,189Trading Volume: $1,783,634,788Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis November 20, 2020Since November 7, LINK has been facing resistance at the $13.50 high. Today, […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 rebounded above level 23200 to resume an upward move. Previously, the index has been consolidating above level 22400 before the rebound. The index is facing rejection at level 26000. The uptrend will resume once the resistance at […]
The EURUSD has rejected the 1.1900-1.1920 zone at least 4 times in the past 2 months giving us the opportunity to sell at the top of the range whilst the DXY is bottoming around the 92.20 mark. We are not forecasting a strong US Dollar in the immediate future, but technically speaking we’re seeing an […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. The index range bound movement has been consistent in the last three months. The range-bound levels are yet to be broken. The market is an upward […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since November 12 after a rebound above level 103.30. The pair is approaching the previous support at level 103.30. The selling pressure will resume if the current is broken. The Yen […]
Price Analysis – November 20 When the bulls break up the resistance level of $2.7, the price may increase towards the resistance level of $2.9 and may extend to $3.3. In case the resistance level of $2.7 holds, consolidation may continue or the price may reverse towards the support levels of $2.4, $2.2, and $1.7. […]
