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Shanghai SE Composite Index (SHCOMP) Continues Consolidation as Bulls and Bears Reach Indecision

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. In September, the price is trading above the support line to break it. The index will trend if price breaks below it. Otherwise, the price fluctuation […]

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Shanghai SE Composite Index (SHCOMP) Continues consolidation as bulls and bears reach indecision

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. In September, the price is trading above the support line to break it. The index will trend if price breaks below it. Otherwise, the price fluctuation […]

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USD/JPY Reaches Overbought Region, Downward Move Is Expected

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 is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]

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Chainlink (LINK) Price Analysis: LINK Faces Rejection at Recent High, May Further Decline to $3.50

Key HighlightsLINK may further decline to $3.50 lowThe crypto faces rejection at $10.50 Chainlink (LINK) Current StatisticsThe current price: $9.98Market Capitalization: $3,491,684,205Trading Volume: $2,402,386,922Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September 25, 2020Yesterday, LINK continues its downward move as it fell to the low of $7.30 and resumed […]

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EOSUSD Price Reverses, Can Bears Back the Bid?

EOSUSD Price Analysis – August 24 EOSUSD has reached the previous low at $2.3, should the level holds the price, it will bounce and increase towards the resistance levels at $2.9, $3.3, and $3.8. In case the support level of $2.3 does not hold the price, it will decrease further to the support levels at […]

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EUR/GBP Faces Rejection at Level 0.9200, May Resume Downtrend

Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is making a downward move. The pair is currently facing rejection at level 0.92000. A green candle body tested the 50% Fibonacci retracement level. The pair will fall and reach the 2.0 Fibonacci retracement level. That is […]

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