EURJPY Price Analysis – November 6 EURJPY extends the rangebound trading following the recent bounce from lows beneath 122.00 level towards the 123.00 marks. The US presidential election has intensified, and it certainly appears to be a divided Congress. The Fed is ready to deliver more stimuli. All attention is on the US NFP and […]
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 is rising now after reaching the low at level 3220. The upward move may terminate at the level 3400 resistance zone. Daily Chart Indicators […]
USDCHF Price Analysis – November 6 The dollar has resumed its downtrend against the Swiss franc as USDCHF wobbles toward two-month lows beneath the 0.9030 level to reach session lows dangerously despite the oversold condition. The greenback has depreciated about 0.5% so far today amid a broad-based USD weakness with equity markets surging on US […]
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. On October 22, the retraced candle body tested the 61.8% Fibonacci retracement level. This implies that the Yen will continue the downward move to level 1.618 Fibonacci extension . In other […]
Witches, vampires, and ghouls. These Halloween beasties have nothing on every Bitcoiner’s worst nightmare: losing one’s digital gold in a fluke accident or misstep. We can practically hear you screaming at your screen right now. In honour of Halloween season, we’re exploring four spine-tingling tales of brutal Bitcoin losses. We also throw in a little […]
BNBUSD Price Analysis – November 06 The breakup of the $29 resistance level with the daily candle closes above the mentioned level will make the price rally towards the resistance level of $31, which may progress to $33 provided the bulls maintain their pressure. BNB/USD Market Key levels: Supply levels: $29, $31, $33 Demand levels: […]
Price Analysis – November 06 The increase in the bulls’ pressure to break up the two dynamic resistance level will place the price at the $2.7 level, further increase of the bulls’ pressure may allow the price to test the $2.9 and $3.3 resistance level. Failure to break up the dynamic resistance level may lead […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. On October 19 uptrend; a retraced candle body tested the 38.2 % Fibonacci level. This indicates that the index will rise and reach level 2.618 Fibonacci retracement level. In other words, the […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishEUR/GBP has been in a downward move since September 11. Today, the uptrend is facing resistance at the high of level 0.9070. A downward movement of prices is likely. With the retest at level 0.9070, the current support at level […]
