Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingThe AUD/JPY pair is currently trading in a sideways move between levels 77.50 and 72.50. The price is consolidating in the middle of the price range. The price action is characterized by small body candlesticks called Doji and Spinning tops. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5800 and 6200 since May. Buyers have tested the resistance line on three occasions to break it. The uptrend will resume when the resistance line is breached. Daily Chart Indicators Reading:The 21-day SMA and […]
AUDUSD Price Analysis – August 20 Thus far this Thursday the upside attempts in AUDUSD maintain positive bias beyond the 0.7150 level while buyers tend to find support around the 0.7150 regions, leaving the spot wavering in familiar ranges. Despite renewed optimism on the U.S.-China trade front and a broad-based withdrawal from the U.S. dollar, […]
EURUSD Price Analysis – August 20 The Euro is consolidating after the fall of the previous day, with a pullback from the new (1.1965 level) multi-month high so far looking like a stable correction, but the risk of further falling remains at stake. The downside risk to a monthly low level at 1.1700 increases, as the […]
Key HighlightsBCH is consolidating between $280 and $320 after retesting the $320 highBCH will resume uptrend if price breaks $320 resistance Bitcoin Cash (BCH) Current StatisticsThe current price: $407.06Market Capitalization: $45,694,070,450Trading Volume: $11,987,531,680Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 20, 2020Bitcoin Cash has fallen to […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a sideways move. The index is currently fluctuating between levels 4800 and 5200. FR40EUR is trading in the middle of price range. The price is not close to breaking any of the key levels. […]
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 1.3600 price level. A green candle body tested a 38.2% Fibonacci retracement level. The Loonie will fall and reach the 2.618 Fibonacci extension level. In other words, […]
GBPJPY Price Analysis – August 19 GBPJPY sits on a shaky footing while retreating from level 139.95, down 0.19 percent, during the trading of the early European session. The sterling continued to be bolstered by mixed expectations as Brexit talks linger ahead. The EU and British negotiators are expected to kick-start the final round of […]
XAGUSD Price Analysis – August 19 The price of silver has reached a prior barrier structure which now acts as a temporary limit for buyers from where we have seen a sharp pullback on the daily time frame. XAGUSD reverses early gains from a $28.03 level amid positive investment demand for the white metals which […]
