EURJPY Price Analysis – September 18 The persistent buying interest in the Japanese safe-haven continues to put EURJPY under pressure and forces it to extend the plunge to the 123.43 regions on Friday, or fresh 2-month lows. The recovery in the greenback following Wednesday’s FOMC event has been weighing on the sentiment surrounding the risk […]
USDCHF Price Analysis – September 18 The USDCHF pair maintained its upside tone through the early North American session, with bulls making a fresh attempt to build on the momentum further beyond the 0.9100 marks. The greenback struggled to capitalize on the post-FOMC short-covering move and came under some fresh selling following the prior day’s […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingThe index is fluctuating between levels 22000 and 23700. The price is trading close to the resistance zone. Buyers are unable to break above it. The price finds support above the SMAs after it is repelled at the resistance […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingThe index has been fluctuating between levels 3200 and 3400 since July. The price is making an upward move to the upper range. It has earlier fallen to the lower price range before resuming upward. This has […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]
BNBUSD Price Analysis – September 18 An increase in the bears’ pressure may break down the support level at $26 which may drop the price to $24 and $22 support level. In case the support level at $26 holds, consolidation may continue. The coin may face barriers at $30, $35, and $41 resistance level. BNB/USD […]
Key HighlightsLINK price making a series of lower highs and lower lowsThe market may fall to $4 low if the support at $9.50 is breachedChainlink (LINK) Current StatisticsThe current price: $11.01Market Capitalization: $3,853,295,393Trading Volume: $1,244,310,906Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September 18, 2020Since August 15, LINK price […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is making an upward move. A red candle body tested the 61.8% Fibonacci retracement level. It indicates that EUR/GBP will rise and reach the 1.618 Fibonacci extension level. That is, the pair will reach level 0.9547. Daily […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishThe AUD/JPY pair is currently trading in an uptrend. It was earlier in a downtrend. On August 31 uptrend, the last retraced candle body tested the 38.2% Fibonacci retracement level. It indicates that the pair will rise and reach the […]
