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 fluctuating between levels 1.0740 and 1.0840. The price has fallen to a lower price range. Each time price falls to the lower price range, it will consolidate and then resume upward. Buyers are likely to take control of […]
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. These range-bound levels have not been broken in the last three months. Today, price is rising to retest the resistance level. Daily Chart Indicators Reading:The 50-day […]
EURUSD Price Analysis – August 24 The Euro recovered traction during the European session on Monday after the decline of 0.5 percent on Friday, but there is still a risk of a deeper pullback. The multi-month high pullback at 1.1965 level meets buyers at 1.1754 level, and the continuing extension past 1.1800 level today, triggers […]
XAGUSD Price Analysis – August 24 Silver stays lackluster at around $26.45 level, up 0.25 percent a day, during Monday’s trading session in European markets. The White metal bounces off near-term lows near $26.20 level while prices increased as risk sentiment improves after the U.S. drug regulator approved the use of blood plasma from recovered […]
ADA Price Analysis – August 24 The price may bounce and continue on the bullish trend in case the demand level at $0.11 holds and it will encounter resistance at $0.13, $0.15 and $0.17 levels. It will continue its bearish momentum when it breaks down the demand level at $0.11 and more support level can […]
Key HighlightsBCH is consolidating between $280 and $320 after retesting the $300 highBCH rebounded and resumed a fresh uptrend Bitcoin Cash (BCH) Current StatisticsThe current price: $288.26Market Capitalization: $5,332,336,309Trading Volume: $1,057,353,790Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 24, 2020Since on August 20, the price action […]
GBPUSD Technical Analysis – August 23 The GBPUSD pair ended the week unaltered in the price region of 1.3085, retreating from the year-high at 1.3267 level tested during the mid-week preceding. Nonetheless, the Brexit-related news was not so positive as yet another round of talks ended without success. Key LevelsResistance Levels: 1.3514, 1.3303, 1.3185Support Levels: […]
GBPJPY Price Analysis – August 23 The GBPJPY cross stayed subdued over the previous session and was last seen floating close to weekly lows, around the region of 138.43. A mix of factors supported the steady decrease, as investors await news on the current round of Brexit negotiations. Key LevelsResistance Levels: 147.95, 144.95, 141.24Support Levels: […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD pair is in an upward move. Since June, the pair has been fluctuating between levels 0.6500 and 0.6700. The price is rising to retest the resistance line. The key levels are yet to be broken as the pair fluctuates. […]
