EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]
Key HighlightsBCH is in a downward move, may reach the low $265The uptrend is likely to resume Bitcoin Cash (BCH) Current StatisticsThe current price: $261.90Market Capitalization: $4,859,529,239Trading Volume: $2,424,325,376Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 26, 2020For the past 24 hours, BCH has been on […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF has been on a downward move since September 25. On October 15 downtrend; a retraced candle body tested 78.6 % Fibonacci retracement level. This indicates that the pair will fall and reach a low of 1.272 and later reverse. […]
XAGUSD Price Analysis – October 26 XAGUSD confronts selling pressure on Monday as coronavirus concerns weighed over the risk sentiment and strengthened the haven demand for the US dollar. The white metal dropped to the $24.09 level, the lowest level since Oct.15, during the early trading hours. The risk-off occurs as the US registered a […]
NEO Price Analysis – October 26 The crypto may retest the support level at $16 and break down the level, decline to $14, and $12 support level. In case the price is rejected at $16, then the ranging movement may continue. At the upper side of the market above $19 levels, resistance levels can be […]
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 on a downward move since September 11. The pair faced rejection at level 0.9250. The market is rising to retest level 0.9100 for a possible downward move. Daily Chart Indicators Reading:The 50-day and 21-day SMAs are sloping […]
XRP/USD Market October 25 The price can break down the dynamic support levels which may lead to the price decrease to the $0.23 level, further increase in the bears’ pressure may place the price at $0.22 and $0.21 support levels. In case the dynamic support levels hold the price, the bullish trend may continue to […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingThe index is in a downward move below level 29000 overhead resistance. The market has been on a downward move after the bulls fail to break the overhead resistance. The index has reached a low of level […]
GBPUSD Price Analysis – October 25 The GBPUSD broke below the 1.3050 level and at risk of plunging in the short-term beneath the 1.3000 level, after hitting a fresh two day low in the prior session. The Pound is under pressure as US Dollar recovers momentum however the upbeat UK Retail Sales and expanding business […]
