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 […]
USDCHF Price Analysis – September 15 The USDCHF pair maintained its selling bias through the first half of the European trading session, staying low for the 5th day in a row beneath the 0.9100 level. The pair extended its recent rejection slide from the 0.9200 marks amid sustained selling around the US dollar. Key LevelsResistance […]
The risk sentiment got a lift on the upbeat Chinese activity data and the above headlines, as S&P 500 upside bias continues beyond 3400 levels and jumped back in a bid to re-test 3450 levels. Note that China’s compliance with buying the US products under the Phase 1 trade agreement is about to reach just […]
Key HighlightsLitecoin fluctuates between $45 and $51The range-bound movement will continue for a few more days Litecoin (LTC) Current StatisticsThe current price: $49.48Market Capitalization: $3,238,777,591Trading Volume: $2,155,437,256Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September15, 2020Litecoin has continued to be range-bound between $45 and $51. The price action […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingGermany 30 is range-bound between levels 12200 and 13200. Buyers face rejection at level 13200. The index has been fluctuating for over three months. Daily Chart Indicators Reading:Presently, the SMAs are sloping horizontally indicating the sideways move. The index […]
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 below 1.0850 resistance. The sideways trend has been ongoing since July. A bullish trend is drawn showing the support levels of the market. The prices are testing the trend line indicating an upward movement […]
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EURUSD Price Analysis – September 14 The European currency versus the USD advances for the fourth consecutive session so far on Monday, on approach beyond the 1.1870 marks while keeping the buying bias unchanged despite the failed attempt to extend the prior week’s advance further north of the 1.19 handle. Key LevelsResistance Levels: 1.2011, 1.1965, […]
XAGUSD Price Analysis – September 14 Silver (XAG) opened with a weak momentum on Monday, showing little interest to exit the one-month-old horizontal trajectory that is taking place within the $25.75-$28.90 area. However, the upside bias beyond the channel range may kickstart beyond the $27.15 level in the new week. Key LevelsResistance Levels: $30.00, $28.90, […]
