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EURJPY Drops From Fresh Yearly Highs at 126.77 Level

EURJPY Price Analysis – August 28 Upside risks have controlled the single European currency against the Japanese Yen since the prior trading session. EURJPY drops nearly 70-pips from fresh yearly highs at 126.77 level in the last hour, mainly on news that the Japanese Prime Minister Shinzo Abe is expected to step down from his […]

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USDCHF Sustains Downside Pressure Under 0.9050 Level

USDCHF Price Analysis – August 28 USDCHF sellers catch a breather under 0.9050 level during the pre-European session on Friday. The quote slumped to the intraday low for a few minutes while sustaining downside pressure conditions. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: 0.9000, 0.8850, 0.8639USDCHF Long term Trend: BearishOnce the USDCHF price stays low […]

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Chainlink (Link) Price Analysis: Link Consolidates Between Levels $14 and $16, Uptrend Likely

 Key Highlights LINK is fluctuating between $14 and $17 The coin will have a target price of $27.50 if the $20 resistance is breached Chainlink (LINK) Current StatisticsThe current price: $14.64Market Capitalization: $5,130,697,076Trading Volume: $1,253,845,489Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis August 28, 2020After a recent breakdown, LINK […]

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EUR/GBP Reaches the Oversold Region at 0.89294 and Makes Upward Correction

Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingSince on June 29, EUR/GBP has been fluctuating between levels of 0.89500 and $0.9150. The price has fallen to a lower price range. The selling pressure is likely to be exhausted. Presently, the price action is indicating a bullish signal. […]

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AUD/JPY Reaches Level 77.00, Sellers Threaten to Short

Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is currently trading in a sideways move between levels 77.50 and 72.50. Since June the resistance at level 77.50 is yet to be broken. Presently, the pair is facing resistance at level 77.00. The pair may resume […]

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