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 currently in a downward move. The pair retested level 106.00 to resume a downward move. The selling pressure is likely to continue as price breaks below the Simple Moving Averages. Daily Chart Indicators Reading: The 50-day […]
Price Analysis – October 15 The break up at the resistance level of $2.7 will expose the price to the next barrier level at $2.9; further increase in the bulls’ pressure may place the price at the $3.3 price level. The penetration of the demand level at $2.3 will decline the price to $2.2 and […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingAustralia 200 is fluctuating below level 6200 in the last four months. The resistance level has not been broken since June. Today, price is retesting the resistance level. A downward movement of price is expected. The market has also […]
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 0.9052 and a further downward movement is expected. Daily […]
AUDUSD Price Analysis – October 15 AUDUSD added to its intraday losses and fell to a weekly low below 0.7100 at the start of the European session. Selling pressure around the AUDUSD pair intensified in the American session, knocking rates down to their lowest level in two weeks around 0.7056. The Australian dollar also remains […]
EURUSD Price Analysis – October 15 The euro currency trends beneath the 1.1725 level against the US dollar, with buyers of EURUSD losing strength. The pair is trading lower at the level of 1.1705 at press time. As the US-German bond yield differentials are growing amid concerns of a lengthy coronavirus-induced recession across the Eurozone, […]
Key HighlightsBCH reaches a new high of $265 A rally to $300 high is likely Bitcoin Cash (BCH) Current StatisticsThe current price: $262.76Market Capitalization: $4,872,969,483Trading Volume: $2,616,481,054Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 15, 2020Since October 13, Bitcoin Cash has been making a series of […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishThe AUD/JPY pair has been in a downward move. This is immediately after the rejection at level 76.50. A retraced candle body tested the 61.8% Fibonacci retracement level. This implies that the Yen will further decline to level 1.618 Fibonacci […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a sideways trend. The index is trading below level 5100 since June. Each time price tests level 5100, the index will resume a sideways move. Today, the market is in an upward move to retest […]
