EURUSD Price Analysis – November 13 The EURUSD edged higher in the prior session as bears and bulls stay on the sideline at the 1.1800 marks. The dollar, however, recovered some ground ahead of the close. The number of newly reported coronavirus cases is growing exponentially, and the health systems are stressed in Europe. Key […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. The index rebounded above level 5910 to break the resistance at level 6250. On October 19 uptrend; a retraced candle body tested the 38.2 % Fibonacci level. This indicates that the index […]
Key HighlightsBCH is now in a tight range between $256 and $263The downtrend will resume if the price breaks below $250 support and the momentum is sustained Bitcoin Cash (BCH) Current StatisticsThe current price: $258.25Market Capitalization: $4,795,787,201Trading Volume: $1,655,805,290Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishEUR/GBP rebounds above level 0.8900. The pound is rising as it approaches level 0.9000. The pair is likely to face resistance at level 0.9000. A break above levels 0.9000 and $0.9050 will accelerate price movement. Daily Chart Indicators Reading:The 50-day […]
Price Analysis – November 12 The increase in momentum of the bulls will push up the price to the resistance level of $2.7, which may be penetrated and test the $2.9 and $3.3 price level. Should the bulls fail to break up the dynamic resistance level, the bears may exert pressure to break down the […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is in an upward move. The Yen is in a sideways move after being resisted at level 77.03. On November 9 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the Yen […]
This article was originally written in 2015 and was later published in the book “Unlock Your Potential With the Realities of Trading.” It is reproduced here for readers to understand what really happened to CHF pairs that year and why it was unprecedented. You will also understand why risk control is very important. “…One can […]
XRP/USD Market November 11 The price is targeting the resistance level of $0.26; above the mentioned level are $0.28 and $0.33 resistance levels. Below the current price, in case the price reverses are the barriers found at $0.25, $0.23, and $0.22 support levels. Key Levels: Resistance levels: $0.26, $0.28, $0.33 Support levels: $0.25, $0.23, $0.22 […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trends: BullishFrance 40 index is in an upward move. The index has fallen to level 4600 and resumed upward. The market has broken the previous resistance levels and reached a high of level 5445. Daily Chart Indicators Reading:It is currently […]
