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NZD/USD Resumes Downtrend, May Terminate Selling Pressure at Level 0.6593

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 pair is in an uptrend but it is facing rejection at the recent high 0.6800. The market is currently falling but has reached bearish exhaustion. The selling pressure will terminate at level 0.6593. Daily Chart Indicators Reading:The Kiwi has […]

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USD/JPY continues selling pressure after a retest at level 104.80

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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Litecoin (LTC) Plunges to $41 Low, May Resume Upward Move

Key HighlightsThe bears broke the range-bound movement as price reaches the low of $39Litecoin will reverse at the low of $39 Litecoin (LTC) Current StatisticsThe current price: $43.68Market Capitalization: $2,861,261,200Trading Volume: $2,310,511,995Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 22, 2020Following the last bearish impulse on September […]

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Germany 30 (DE30EUR) Plunges to Level 12495, May Resume Downtrend

Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12200 and 13200. Buyers face rejection at level 13200. The index has been fluctuating for over three months. The index has plunged to the lower price range. Daily Chart Indicators Reading:Presently, the SMAs […]

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EUR/CHF Is in a Sideways Trend, Resumes Uptrend

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 is in a sideways trend. The market is fluctuating between level 1.0750 and 1.0850. The pair is now trading at a lower level of 1.0755. The sideways trend has been ongoing since July. A bullish trend is drawn showing […]

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