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 still fluctuating between levels of 1.0740 and 1.0840. The pair fell sharply to the lower price level after testing level 1.0850. The price consolidates above level 1.0750 for subsequent upward move. Daily Chart Indicators Reading:The pair is at […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a range bound move. France 40 is currently fluctuating between levels 4800 and 5200. The price is now rising to the resistance level at level 5200. The uptrend will continue if price breaks above the […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is in a downward move. The downtrend resumed after retesting level 1.36 price level. A green candle body tested a 38.2% Fibonacci retracement level. USD/CAD will fall and reach the 2.618 Fibonacci extension level. In other words, the […]
Key HighlightsEthereum bulls break the $440 overhead resistance, targets $560 highThe altcoin faces rejection at $480 Ethereum (ETH) Current StatisticsThe current price: $443.52Market Capitalization: $49,867,098,122Trading Volume: $19,786,779,388Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 2, 2020Ethereum bulls have broken the $440 resistance as price reached a high […]
GBPJPY Price Analysis – September 2 GBPJPY holds moderately buying around level 141.76 amid the initial trading on Wednesday. And during further upside of the quote past level 141.61, the cross may inspire buyers ahead of taking them to the yearly high of level 144.95. Although this makes a significant achievement for the bulls, it […]
XAGUSD Price Analysis – September 2 Silver price increases past the $28.15 hurdle, up 0.45 percent on a day, during Wednesday’s session. The white metal leaps forward to the sixth month of gains also since it swung off in April. While the recent weakening risk-tone bias might contest the initial trajectories of the bullion, wide […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingThe index is in a sideways move. The market is fluctuating between levels 19000 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 […]
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 as price breaks level 0.6700. The market is expected to reach a high of 0.6800 and reverse. Presently, the market is testing a historical price level at level 0.6766. Thereafter a downward move is […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is on a downward move. The price has earlier tested the 0.9150 resistance twice before resuming a downward move. The pair has formed a bearish double top which is responsible for the downward move. The selling pressure […]
