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AUD/JPY Faces Rejection at Level 78.00, Resumes Downtrend

Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is currently trading in an uptrend. The price is currently facing rejection at level 78.00. The Yen is currently making a downward move. It is not clear the extend of the downward move. Daily Chart Indicators Reading:The […]

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EURUSD Extends Corrective Downside Beneath 1.1800 Level

EURUSD Price Analysis – September 3 In the second half of the week, the selling bias stays consistent around the common currency, with EURUSD challenging 5-day lows initially while expanding corrective downside beneath 1.1800 level. Besides that, USD-dynamics continues to be the primary catalyst for the global market price action. Key LevelsResistance Levels: 1.2011, 1.1965, […]

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Bitcoin Cash (BCH) Price Analysis:BCH Resumes Downward After a Retest at $260 High

Key HighlightsBCH plunged to $250 low after a breakdownThe coin is at risk of a further downward move below $260 support Bitcoin Cash (BCH) Current StatisticsThe current price: $263.40Market Capitalization: $4,874,795,372Trading Volume: $1,887,699,051Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis September 3, 2020Bitcoin Cash plunged to a […]

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EUR/CHF Falls to Level 1.0750, an Upward Move Likely

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 1.0740 and 1.0840. The pair fell sharply to the lower price level after testing level 1.0850. The price consolidates above level 1.0750 for subsequent upward move. Daily Chart Indicators Reading:The pair is at […]

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USD/CAD Continues Downward Move, ApproachesLevel 1.2600

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is in a downward move. The downtrend resumed after retesting  level 1.36 price level. A green candle body tested a 38.2% Fibonacci retracement level. USD/CAD will fall and reach the 2.618 Fibonacci extension level. In other words, the […]

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Ethereum Price Analysis: Ethereum Declines after Failing to Break Above $480 Resistance

Key HighlightsEthereum bulls break the $440 overhead resistance, targets $560 highThe altcoin faces rejection at $480 Ethereum (ETH) Current StatisticsThe current price: $443.52Market Capitalization: $49,867,098,122Trading Volume: $19,786,779,388Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 2, 2020Ethereum bulls have broken the $440 resistance as price reached a high […]

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