Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 stock is gradually falling after testing the resistance at 7,700. The price has fallen to a low of 7,383. Undoubtedly, the price fall will continue to the low of 7,100. It has been observed that the […]
AUDUSD Price Analysis – January 30 AUDUSD currency pair further declines during the American session on Thursday as the bitter market mood is affecting the sensitive Australian dollar. As of this writing, the pair was trading at its lowest level since late September at 0.6712, as it lost 0.6% daily. Key Levels Resistance Levels: 0.7085, […]
USDWTI Price Analysis – January 30 Recent headlines dip out to support recovery in crude oil prices. At the hour of composing, the West Texas Intermediate barrel was trending at $ 52.22 level, erasing 1.45% daily. WTI crude prices plunged mainly due to concerns about the Coronavirus, and the Energy Information Administration (EIA) said that […]
GBPJPY Price Analysis – January 29 After trendless trading activity in the prior session, the pair met some new supply on Wednesday and was suffering from a host of negative sentiments. GBPJPY held onto its weakest defeat, beneath 142.00 level and stays well within close distance of the three-week lows set in the prior session. […]
XAUUSD Price Analysis – January 29 Gold Buyers looking for stability and while returning towards $ 1,580 level. On Wednesday, risk appetite failed to provide a guiding path for safe-haven gold as investors take a break from coronavirus epidemic toplines. Key levels Resistance Levels: $ 1625, $ 1595, $ 1580 Support Levels: $ 1567, $ […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin has climbed above $9,200 and has broken the resistance. The pair traded and reached the $9,389 resistance, a sensitive historical price level. In October, BTC consolidated above this price level for two weeks and it […]
USDCHF Price Analysis – January 29 USDCHF challenges gravity in a series of consecutive daily gains within its rise from its lowest on December 31 and this despite the lowest levels in the ten-year Treasury yield since October 9 last year. Markets fear the spread of the Coronavirus and the threat of infection in global […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,400, 7,300, 7,200 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 stock is now in range-bound movement between 7,000 and 7,600. The bulls will turn down after testing the resistance at 7,600. This has been the scenario since July. The stock also finds support at 7,000 when […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish According to earlier predictions, the bulls have broken the $8,800 resistance and the coin is approaching the $9,200 price level. Bitcoin is making an impressive upward move. What we are expecting is the breaching of the $9,200 […]
