Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5750 and 6250 since May. The market is fluctuating in the middle of the price range. The price has retested the resistance and support lines twice but yet to break the key levels. Daily […]
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 market is in a choppy price action. The price moves up to retest the 0.9100 resistance and then fall to resume the sideways move. Since May the pair has been in […]
AUDUSD Price Analysis – August 6 AUDUSD declines from the intraday high of 0.7216 level to 0.7177 level, during early Thursday. Besides that, the pair register gains from the run-up to refresh a multi-month high at 0.7241 level for the third day in a row after the prior session. In the following trading session, the […]
EURUSD Price Analysis – August 6 EURUSD is seeing a gradual increase and scarcely influenced by a recent price falling. EURUSD entered the pressure zone for selling, at around 1.1916 level. The move here was instantly and dramatically rejected, prompting EURUSD to sink by over 50 pips. Nonetheless, another rally may stay unclear if tensions […]
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 on a sideways trend. The pair fluctuates between level 73.00 and 77.00. The price tested the resistance line in July but was repelled. It fell to level 75.00 and resumed a fresh uptrend. This has been […]
Key HighlightsBCH consolidates in a tight range between $280 and $300The coin will reach a possible high of $350 Bitcoin Cash (BCH) Current StatisticsThe current price: $292.34 Market Capitalization: $5,402,984,616Trading Volume: $1,870,360,040Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 6, 2020The price movement has been relatively stable […]
XRP Weekly Price Analysis – August 06 Should the bulls push up the price to reach the resistance level at $0.33 and the level does not hold the price, the next resistance level can be found at $0.36 and $0.39. In case the bears manage to push the price below the support level at […]
GBPJPY Price Analysis – August 5 The GBPJPY regains traction upward despite being taken aback by a withdrawal near the level of 139.00 and rapidly retreated in the early North American session around 45 pips. The GBP buyers have largely shaken off fears about the second wave of coronavirus infections and anxiety of a no-deal […]
XAGUSD Price Analysis – August 5 The white metal registered the highest level for 7 years, as bulls propel price beyond $27.00 mark during early day trading. Failures to progress past $27.15 levels, however, indicate a greater trend for the short term. Silver had another bullish session on Wednesday and now has a huge 48 […]
