Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair has fallen to the low at 1.0672 and it rebounded. The rally continued to the high of level 1.08100. The pair is facing resistance at the recent high as the price retraced to level 1.0795. The uptrend is […]
Key HighlightsEther fluctuates above $450 supportThe coin has a target price of $488 high Ethereum (ETH) Current StatisticsThe current price: $458.89Market Capitalization: $52,029,363,330Trading Volume: $14,108,917,588Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 11, 2020On November 10, the altcoin rebounded but could not break the $470 resistance. The […]
GBPJPY Price Analysis – November 11 The GBPJPY surge past the key 140.00 psychological marks while maintaining strength towards two-month highs during the early European session. GBPJPY continued gaining traction for the 3rd day in a row on Wednesday. Refreshed optimism for a Brexit deal boosts the British pound, while the upbeat market mood suppressed […]
EURCAD Price Analysis – November 11 The EURCAD pair is losing a major part of its prior day recovery gains and was last seen hovering near the lower end of its daily trading range, around the 1.5370 level. It stays constrained in sideways trading beneath the 1.5430 level and above the 1.5300 level. The weaker […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD is in a downward move. The downtrend has reached bearish exhaustion. On November 9 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. This implies that the pair will fall to level 1.272 Fibonacci extensions and later […]
USDCHF Price Analysis – November 10 Despite USDCHF plunge to its lowest level in recent times below 0.9000, the pair posts an impressive rebound to 0.9175 level. As US Dollar Index climbs further on Tuesday, the pair continues to push higher and the risk-on market at the start of the week made it difficult for […]
S&P 500 Price Analysis – November 10 S&P 500 pullback from the all-time high continues lower as it retreats beneath the 3350 levels during early Tuesday. The COVID-19 vaccine-induced optimism, mainly propelled by headlines from Pfizer-BioNTech research boosted the financial markets but later weakened. Key LevelsResistance Levels: 3750, 3600, 3550Support Levels: 3500, 3400, 3210S&P 500 […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index plunged to level 17710 and resumed the uptrend. The uptrend was a strong bounce above that made the price rally above level 20810. The recent rally has breached many resistance levels […]
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 now making an upward move. The price has broken the resistance at 0.6800 high. On October 27 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. It indicates that the Kiwi will rise and reach level […]
