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Shanghai SE Composite Index (SHCOMP) Continues Its Range, Retests Level 3400

Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is fluctuating between levels 3200 and 3400 since July. These price levels are above the previous range These levels are yet to be broken by traders. Today, price is testing the resistance at level 3400. A […]

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EURJPY Gathers Pace Around the 126.00 Level As USD Sell-Off Boost EUR Momentum

EURJPY Price Analysis – August 14 The European currency’s upside momentum remains intact as EURJPY gathers pace around level 126.00. The persistent weak note in the greenback combined with the Japanese yen’s somewhat steady performance bolsters demand for riskier assets. Key LevelsResistance Levels: 137.49, 128.67, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY Long term Trend: BullishAt present, […]

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USDCHF Bulls Attempt a Break Beyond Mid 0.9100 Level

USDCHF Bulls Attempt a Break Beyond Mid 0.9100 Level

USDCHF Price Analysis – August 14 USDCHF buyers may strive for a radical shift beyond mid-level 0.9100, as the pair stays on the backfoot with the recent falls at level 0.9092. Despite increased hope for a successful coronavirus vaccine, investors seem to have turned wary ahead of key data releases from the eurozone countries on […]

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Litecoin (LTC) Rebounds Above $54 Support, Attempts to Breach $60 and $65 Resistances

Key HighlightsLitecoin next target price will be at the $68 highLitecoin will first battle the resistances at level $60 and $65 Litecoin (LTC) Current StatisticsThe current price: $57.07Market Capitalization: $3,722,950,511Trading Volume: $2,867,196,519Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 14, 2020Today, Litecoin rebounded above $54 but it […]

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EUR/GBP Is in the Overbought Region as Sellers Emerge

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 levels 0.8950 and 0.9100. Since July the key levels have not been broken. The market is currently fluctuating in the middle of price range. Daily Chart Indicators […]

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AUDUSD Surged Higher Toward 0.7200 Level As Bulls Struggle to Extend the Upside

AUDUSD Price Analysis – August 13 In the early American session, AUDUSD consolidates the European session spike to a two-day high of 0.7188 level. Nonetheless, the bulls seem to lose follow-through as they attempt to broaden the upside in a cautious mood on the market. Key LevelsResistance Levels: 0.7295, 0.7241, 0.7200Support Levels: 0.7150, 0.7076, 0.6921AUDUSD […]

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