Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF is in a downward move after the rejection at level 1.0800. The pair has fallen and broken below level 1.0750. It appears the downward move will continue as the price retest level 1.0750. Daily Chart Indicators Reading:The pair is […]
GBPJPY Price Analysis – October 14 The GBPJPY cross reversed an early European session slide to lows of 135.66 level and rally to daily highs, around the 136.74 regions in the last hour, albeit lacked follow-through. The British pound was pressured by concerns about new coronavirus restrictions and the possibility that the Bank of England […]
EURCAD Price Analysis – October 14 The common European currency has declined by approx 150 pips from the start of the week against the Canadian Dollar. The continuation of the downside bias in EUR comes in response to the risk aversion scenario sustained by rising uncertainty in the European markets. All things being equal, EURCAD […]
XRP/USD Market October 14 The resistance level at $0.27 may be reached and if it is penetrated, the $0.33 price level is the next target. In case the support level at $0.25 is penetrated downside, the price will target the low support levels at $0.22 and $0.20. Key Levels: Resistance levels: $0.27, $0.29, $0.33 Support […]
Key HighlightsEthereum battles the resistance at $380 and $390 highsA further upward movement of the coin is expected Ethereum (ETH) Current StatisticsThe current price: $381.58Market Capitalization: $43,117,889,817Trading Volume: $12,922,255,056Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 14, 2020Ethereum is battling the resistances at $380 and $390 to […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD has resumed a downward move after rejection at level 1.3400. The coin is falling to revisit the previous low at level 1.3000. The downward movement will persist once level 1.300 is breached. Daily Chart Indicators Reading:The 50-day SMA and […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is still in a sideways trend. Presently, the index is in the middle of the price range. The lower price range is intact as price resumes. In the meantime, it is consolidating between levels 18200 and 21000. […]
ADA Price Analysis – October 13 The price may reach the resistance level at $0.15 provided the resistance levels at $0.11 and $0.13 are penetrated by the bulls. The demand levels to watch in case the price reverse are $0.10, $0.08, and $0.07 ADA/USD Market Key Levels: Resistance levels: $0.11, $0.13, $0.14 Support levels: $0.10, […]
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 is on a downward move but faces resistance at level 0.6800. A retraced candle body tested the 61.8% Fibonacci retracement level. It indicates that Kiwi will fall and reach a low of 1.618 Fibonacci extension level. That is level […]
