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 range-bound movement. The pair is now in an upward move from the low of 1.0688. The market has reached bearish exhaustion. The pair will revisit the previous range bound zone. Daily Chart Indicators Reading:The pair is […]
EURUSD Price Analysis – October 19 Following a recent drop to the 1.1690/80 bands, EURUSD trades at a striking range from the main barrier at 1.18 area, where some firm friction appears to have emerged. EURUSD rediscovers buyer attention in the vicinity of the mid 1.1700 level as the upside impetus picks up pace. More […]
XAGUSD Price Analysis – October 19 The white metal confirms the move higher early in the European session past the $24.50 level as the upside favoring chart play may propel the quote towards the $25.00 threshold ahead of challenging the monthly top near the $25.55 level. Hopes for a US stimulus deal have risen, weighing […]
Key HighlightsBCH trades below $250 resistanceThe crypto targets a new high of $261.50 Bitcoin Cash (BCH) Current Statistics The current price: $248.20 Market Capitalization: $4,603,906,200 Trading Volume: $1,547,235,574 Major supply zones: $325, , $350,$375 Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 19, 2020Since BCH fell to the support at $241, […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe Pound is in a downward move after rejection from level 0.9300. The pair fell to level 0.9100 and resumed downward after retesting level 0.9200. The pound has fallen to level 0.9048 and a further downward movement is expected. Daily […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingThe index is in an upward move but a sideways move below level 29000. The price level is at level 29000 and has not been broken since September 2. Presently, the market is falling after rejection at […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is still in a sideways move. The index is currently fluctuating between level 5780 and 6100. Today, the market is rising to the upper price range. Daily Chart Indicators Reading:The 21-day SMA and 50-day SMA are sloping horizontally. It […]
Key HighlightsEthereum rebounds above $364 as the coin begins upside momentumThe coin is likely to retest the $395 resistance Ethereum (ETH) Current StatisticsThe current price: $376.62Market Capitalization: $42,580,385,793Trading Volume: $10,563,951,832Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 18, 2020Today, ETH rebounds above $369 support to reach a […]
GBPUSD Price Analysis – October 18 On Friday, the GBPUSD exchange rate fell to the 1.2862 level and later the rate reversed north to reach a high level of 1.2962. As Boris Johnson made sobering comments that the UK should get ready for a no-deal Brexit, some downside risk could likely prevail in the market. […]
