GBPJPY Price Analysis – September 16 During the early American session, the GBPJPY cross notched higher and renewed daily highs, in the last hour around the 136.40 area. Despite growing concerns of a no-deal Brexit, the uptick was backed by a pickup in demand for the British pound. Key LevelsResistance Levels: 147.95, 142.71, 138.38Support Levels: […]
XAGUSD Price Analysis – September 16 Silver treads water beneath mid $27.00 level ahead of the Federal Reserve statement on Wednesday and in doing so, the white metal traders attack the barrier line of the upside formation, amid red signals from the indicators. The prices of precious metals are pressured as the markets brace for […]
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 price action has remained the same since July. The pair has fluctuated between level 1.0750 and 1.0850. In the meantime, price is consolidating at a lower price range. A bullish trend is drawn […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishThe pair has resumed an upward move. The downward move has been terminated at level 1.300 as price moves up. The uptrend is facing resistance but will resume upside momentum when the resistance is cleared. The support at 1.3000 has […]
XRP/USD Market September 16 The breakup of the two EMAs will lead to the breakout of the price at the resistance level of $0.25 which may extend to the resistance level at $0.27 and $0.29 price levels. The breakdown of the support level at $0.22 will push down the price to $0.20 and $0.17 levels. […]
ADA Price Analysis – September 16 Cardano price is currently decreasing towards the support level at $0.08, and in case the level could not hold the price, the price may reduce further to $0.07 and $0.06 price level. Should the support level of $0.08 holds, price consolidation may continue. ADA/USD Market Key Levels: Resistance levels: […]
Key HighlightsEthereum may retrace to $310 lowThe biggest altcoin will reach a low of $241 if the selling pressure persists Ethereum (ETH) Current StatisticsThe current price: $359.92Market Capitalization: $40,534,201,766Trading Volume: $17,001,712,126Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 16, 2020The biggest altcoin has fallen to $360 at […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is range bound. The index is consolidating between levels 18000 and 21000. Each time the price tests the resistance zone; the index will fall and resume the sideways move. The index is trading in the middle of […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an uptrend. On September 2 uptrend; the pair was resisted at 0.6800 high. The retraced candle body tested the 50% Fibonacci retracement level. It indicates that the Kiwi will rise and reach a high of 2.0 […]
