Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is in a sideways trend. The index is consolidating between levels 18000 and 21000. Each time the price tests the resistance zone; the index will fall and resume the sideways move. The index is trading in the […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in a downtrend after rejection from level 0.6800. The pair is falling and will likely reach level 0.6600. A downward move to level 0.6400 is likely if the support at level 0.6600 cracks. Daily Chart Indicators Reading:The […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is fluctuating between level 105.00 and 107.00. The price is falling after being resisted at the 50-day SMA. The downward move is likely to continue to level 105.00. Since August 1, the bears have not been able […]
USDCHF Price Analysis – September 8 USDCHF soared to level 0.9200 on Tuesday after reaching a multi-week high as trend price shifts higher – the highest level after Aug. 12. The dollar discovered some demand across the market against the majority of the majors as USDCHF moved up approximately 0.30 percent. Key LevelsResistance Levels: 0.9902, […]
S&P 500 Price Analysis – September 8 S&P 500 drops beneath 3400 amid the initial hour of Tuesday’s European session. The S&P 500 trades toward a key barrier around 3477 levels but lost momentum. The risk-barometer portrays the general market conditions amid a lack of major data/events. Key LevelsResistance Levels: 3588, 3522, 3477Support Levels: 3350, […]
Key HighlightsLitecoin risks a further downward move if the $45 support cracksThe crypto is expected to reach the previous low of $39 or $41 Litecoin (LTC) Current StatisticsThe current price: $62.07Market Capitalization: $4,056,414,692Trading Volume: $2,551,618,695Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 8, 2020Following the bearish impulse […]
EURUSD Price Analysis – September 7 EURUSD holds the selling bias unaltered at the beginning of the week, although it has so far managed well to stay under pressure beyond the 1.18 level as the dollar maintains its resilience, holidays in the US and Canada hold volumes at lows. The good impact of European indexes […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingGermany 30 is range-bound between levels 12200 and 13200. Buyers face rejection at level 13200. The index has been fluctuating since June. It fluctuates at the resistance zone. Daily Chart Indicators Reading:Presently, the SMAs are sloping horizontally indicating the […]
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 fluctuating between levels of 1.0720 and 1.0850. The pair fell sharply to the lower price level after testing level 1.0850. Since July, the key levels of the market are yet to be broken. Daily Chart Indicators Reading:The […]
