EURUSD Price Analysis – August 27 EURUSD is posting modest gains in the 1.1801-1.1850 region while Thursday’s daily chart is showing that the pair is capped beneath the at 1.1850 but has upside momentum. The calm before the storm is awaiting Fed Chair Powell’s critical Jackson Hole speech. The Fed may adopt a looser policy […]
Bitcoin SV Price Analysis – August 27 The coin is facing the support level at $185, in case the bears maintain or increase their momentum, the price may decrease to $179, further increase in the bears’ pressure may push down the price to $134 price level. BSV/USD Market Key Levels: Resistance levels: $198, $217, $237 […]
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a sideways trend. The index is currently fluctuating between levels 4800 and 5200. The price is now rising toward the resistance level at level 5200. The uptrend will continue if price breaks above the resistance […]
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 price is likely to rise at the lower levels of the market. As the price consolidates, neither the lower price range nor the upper price level is broken. Buyers […]
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. However, since on August 18, the market has been in consolidation above the current support. The price has been fluctuating above level 1.3100. It is likely the price may have a breakout or […]
GBPJPY Price Analysis – August 26 The GBPJPY is exactly at the top zone which is very close to the start of the sellers’ pattern which appeals to a downside bias around 139.70-80 zone. GBPJPY is losing gains at 0.14% on a day while taking the bids near 140.13 high level during the early Wednesday. […]
XAGUSD Price Analysis – August 26 Silver traders fail to extend the late-US session recovery moves from $26.06 level beyond $26.80 level as the quote drops on sellers attempt at $26.00 mark during the early Wednesday European session. The XAGUSD prices pullback after rally upwards guided by an ascending trend line since the end of […]
Should the Bulls break up the resistance level at $0.29, then, $0.33 and $0.36 price level may be tested. In case the support level of $0.26 is penetrated by the bears and the daily candle close below the level, then, a further decrease in price to $0.21 and $0.17 should be expected. XRP/USD Market Key […]
