Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 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. Daily Chart Indicators Reading:The 21-day SMA […]
USDCHF Price Analysis – August 18 During the early European session, the USDCHF pair fell to fresh multi-year lows, around the 0.9030 marks, although few pips were tried to recover later. One of the main factors which continued to put pressure on the USDCHF pair was the heavily offered tone around the US dollar. Key […]
S&P 500 Price Analysis – August 18 S&P 500 Futures await fresh clues to extend the early-European session run-up to the six-month top near the 3400 levels. The risk barometer currently takes rounds to 3390 levels after flashing the multi-day peak of 3388 levels. Major equity indexes in the US are trading mixed as US […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: BearishUSD/JPY was earlier in a sideways trend. The price has broken level 106.00 as the Yen resumes a downward move. A green candle body tested a 50% Fibonacci retracement level. It indicates that the Kiwi will fall and reach a […]
ADA Price Analysis – August 18 The crypto may commence another face of an uptrend in case the buyers gain enough momentum to push up the price and close above $0.15 level, then, an increase in price to $0.17 and $0.19 will be possible. ADA/USD Market Key Levels: Resistance levels: $0.15, $0.17, $0.19 Support levels: […]
Key HighlightsLitecoin rallies and approaches the high of $80LTC reaches another overpriced region Litecoin (LTC) Current StatisticsThe current price: $67.18Market Capitalization: $4,384,671,136Trading Volume: $3,914,720,483Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 18, 2020Today, Litecoin is trading at $68 after the bulls broke the $60 resistance. At the […]
EURUSD Price Analysis – August 17 EURUSD posts increase for Monday’s 5th straight session, extending last week’s rebound of 1.1700 low level. The ongoing weakness in the greenback continues to sustain the upside momentum, as normal. The attention of markets remains constant on the U.S. political scene, where another fiscal stimulus package awaits approval by […]
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 trading between levels of 1.0700 and 1.0800. Price is fluctuating in the middle of price range. The pair is falling and approaching the lower price range. The price action is characterized by small body candlesticks. Daily Chart […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The pair is fluctuating between level 0.8950 and 0.9100. The price is fluctuating in the middle of the price range. The market is likely to fall after some time. Daily Chart Indicators […]
