Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: BearishUSD/JPY is in a downward move. The pair faces rejection at level 107.00. The Yen fell to level 105.283 and corrected upward. A green candle body tested 0.618 Fibonacci retracement level. The Yen will fall and reach a low of […]
EURJPY Price Analysis – August 21 Following last week’s 2020 highs close to level 126.80, EURJPY has proceeded on a corrective downside, which is now experiencing its 5th straight session. Early in the European session on Friday, the eurozone’s single currency declined by 65 basis points or 0.40 percent against the Japanese Yen as of […]
USDCHF Price Analysis – August 21 The USDCHF pair stays underneath the sellers’ influence through the early European session and was last seen trading near daily lows, with the pair now eyeing a break below the 0.9050 marks. A turnaround in the global risk market dominates USDCHF traction beneath 0.9100 level as Swissy retains safe-haven […]
Key HighlightsLINK may find support above $15 highThe coin will rise and reach another high of $21 Chainlink (LINK) Current StatisticsThe current price: $15.55Market Capitalization: $5,441,297,209Trading Volume: $1,626,841,844Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis August 21, 2020LINK price is making a series of higher highs and higher lows. […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Ranging EUR/GBP pair is in a sideways move. It is fluctuating between levels 0.8950 and 0.9100. The price is fluctuating in the middle of the price range. The pair is on a downward move to the lower price range. Daily […]
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 currently trading in a sideways move between levels 77.50 and 72.50. The price is consolidating in the middle of the price range. The price action is characterized by small body candlesticks called Doji and Spinning tops. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5800 and 6200 since May. Buyers have tested the resistance line on three occasions to break it. The uptrend will resume when the resistance line is breached. Daily Chart Indicators Reading:The 21-day SMA and […]
AUDUSD Price Analysis – August 20 Thus far this Thursday the upside attempts in AUDUSD maintain positive bias beyond the 0.7150 level while buyers tend to find support around the 0.7150 regions, leaving the spot wavering in familiar ranges. Despite renewed optimism on the U.S.-China trade front and a broad-based withdrawal from the U.S. dollar, […]
EURUSD Price Analysis – August 20 The Euro is consolidating after the fall of the previous day, with a pullback from the new (1.1965 level) multi-month high so far looking like a stable correction, but the risk of further falling remains at stake. The downside risk to a monthly low level at 1.1700 increases, as the […]
