GBPUSD Price Analysis – September 20 The GBPUSD pair delayed the weekly rebound, finishing the day in red at around 1.2915 marks. Slight optimism relating to a post-Brexit trade agreement with the EU offered the Sterling with moderate support earlier in the week. GBPUSD sellers, however, are poised for a steeper fall anticipated beneath the […]
GBPJPY Price Analysis – September 20 The GBPJPY cross edged lower during the prior trading session and was last seen hovering near lows, just around 135.00 level. A strong pickup in demand for the safe-haven JPY was seen as a key factor exerting pressure. The JPY was further supported by the Bank of Japan’s less […]
Key HighlightsEthereum has a fresh target price of $420The coin is still battling the resistance at $390 Ethereum (ETH) Current StatisticsThe current price: $381.78Market Capitalization: $43,016,171,550Trading Volume: $12,067,100,125Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 20, 2020From the rejection at the $390 resistance, Ether is falling to […]
From a Vast Array of Useful Tips Available Today, Here Are the Top 10 You Must Care About? 1. Always Have a Strategy: the most critical of all day-trading tips. Don’t place real money on the line before you have an action plan. That means deciding what you’re going to buy and sell, how much […]
EURJPY Price Analysis – September 18 The persistent buying interest in the Japanese safe-haven continues to put EURJPY under pressure and forces it to extend the plunge to the 123.43 regions on Friday, or fresh 2-month lows. The recovery in the greenback following Wednesday’s FOMC event has been weighing on the sentiment surrounding the risk […]
USDCHF Price Analysis – September 18 The USDCHF pair maintained its upside tone through the early North American session, with bulls making a fresh attempt to build on the momentum further beyond the 0.9100 marks. The greenback struggled to capitalize on the post-FOMC short-covering move and came under some fresh selling following the prior day’s […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingThe index is fluctuating between levels 22000 and 23700. The price is trading close to the resistance zone. Buyers are unable to break above it. The price finds support above the SMAs after it is repelled at the resistance […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingThe index has been fluctuating between levels 3200 and 3400 since July. The price is making an upward move to the upper range. It has earlier fallen to the lower price range before resuming upward. This has […]
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 […]
