BNBUSD Price Analysis – October 10 Further increase in the bulls’ pressure may break up the $29 resistance level; this may lead the price to the resistance levels at $31 and $35. On the downside, the bears may break down the support level at $26, down to the next levels at $24 and $22. BNB/USD […]
EURJPY Price Analysis – October 9 EURJPY tries to gain extra momentum and rebound beyond the level at 125.00 on Friday. After wrapping up discussions on a stimulus plan, President Trump has reneged, saying he’s ready to discuss a pruned-down stimulus package. Key LevelsResistance Levels: 127.07, 126.46, 125.58Support Levels: 124.43, 122.37, 119.31EURJPY Long term Trend: […]
USDCHF Price Analysis – October 9 USDCHF plunges to 0.9098 level, down 0.79% intraday, during the American session on Friday. In doing so, the pair is posting 3 consecutive days of losses. After trading early in a tight range USDCHF pair lost its upside traction as the US Dollar Index (DXY), which tested 94.00 earlier […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is fluctuating between levels 22600 and 23500. The price is testing the resistance and the support levels but unable to break it. The price is unable to break the resistance line as it resumes downward. Daily Chart […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is range-bound between levels 3200 and 3400 since July. The index is trading at the lower price range above the support line. The sideways move will continue if the current holds. Otherwise, the index will resume […]
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 upward move. Presently, the bulls have been attempting to break level 107.00 to no avail. Today, the bulls are attempting to break the resistance at $106.00. The Yen is currently rising. Daily Chart […]
Key HighlightsLINK faces rejection at $9.50 resistance The crypto may rise and reach a high of $14.11 Chainlink (LINK) Current StatisticsThe current price: $9.52Market Capitalization: $3,330,369,672Trading Volume: $1,484,847,104Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis October 9, 2020LINK has been making a consistent downward move since August 15. […]
AUDUSD Price Analysis – October 8 On Thursday, the AUDUSD pair gained momentum and increased to a daily high of 0.7171 after holding on to gains beyond the level of 0.7100. The revived hopes for the next round of US fiscal stimulus measures, while alleviating investor concerns, remained supportive of the prevailing upbeat market sentiment. […]
EURUSD Price Analysis – October 8 EURUSD traverses without proper direction around the 1.1750/60 area in the second half of the week. Despite buying pressure, the popular European currency has dropped underneath the 1.1800 marks. Washington’s adverse headlines and fears about Europe’s coronavirus could drive the pair down. Key LevelsResistance Levels: 1.2011, 1.1917, 1.1807Support Levels: […]
