Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD resumes a downward move after the rejection at level 0.6700. The price has broken level 0.6600 as the selling pressure persists. The price has fallen and reached a low of 0.65571. The downtrend will extend to the low of […]
S&P 500 Price Analysis – October 20 The S&P 500 is fixing a correction from the 5th consecutive daily low level of 3419 while raising rates around 3440, up 20 points, or 0.60% during the day during the Tuesday trading session. Uncertainty about fiscal stimulus, US elections, and the pandemic could mean the adjustment is […]
USDCHF Price Analysis – October 20 Intraday selling of the US dollar has accelerated since the beginning of the European session and over the last hour pushed the USDCHF pair to monthly lows in the region of 0.9075-70. Uncertainty over US fiscal stimulus has eroded the dollar and put pressure. Key LevelsResistance Levels: 0.9467, 0.9296, […]
ADA Price Analysis – October 20 Should the price test the resistance level at $0.11 and the daily candle close above it, then, $0.13 and $0.14 resistance levels may be tested. The inability to break up the $0.11 level by the bulls may trigger the bears to take over the ADA market. ADA/USD Market Key […]
Key HighlightsLTC struggles to break above the SMAsLitecoin may face further rejection at the recent high Litecoin (LTC) Current StatisticsThe current price: $47.57Market Capitalization: $3,125,947,038Trading Volume: $1,810,961,358Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis October 20, 2020For the past week, buyers were in control as they push price […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is currently rising and the pair is yet to trend. The price is rising to level 106.0 where it was previously rejected. Buyers have not broken this level since September. Daily Chart Indicators Reading:The 50-day SMA and […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12300 and 13200. It is making is a downward move after facing rejection at the upper price range. The price is likely to continue falling as it is below the SMAs. Daily Chart […]
NEO Price Analysis – October 19 The breakup of the dynamic resistance levels will push the coin to the $19 resistance level; further increase in the bulls’ pressure will place the NEO price to $22 and $25. In case the $19 resistance level rejects the price increase, bearish momentum may continue to $16, $14, and […]
XRP/USD Market October 18 The breakup of the $0.25 level may push up the price to $0.27 and $0.29 price level. The inability to break up the near resistance level may make the price to commence ranging movement within $0.25 and $0.23. Key Levels: Resistance levels: $0.25, $0.27, $0.29 Support levels: $0.23, $0.22, $0.21 […]
