XAGUSD Price Analysis – August 17 Silver (XAUUSD) consolidates the downside break started in the previous session as the price drops to $25.82 level. A caution flash to buyers implies the spot is primed for additional losses as the pair stays beneath $27.00 mark. Key LevelsResistance Levels: $30.00, $29.27, $28.15Support Levels: $25.00, $23.78, $21.38XAGUSD Long […]
Bitcoin SV Price Analysis – August 17 In case the bears were able to push the price and close below the support level at $217, then, the support level at $179 and $153 will be the target. Inability to close below the mentioned support level may allow the buyers to push the coin towards $259, […]
XRP Weekly Price Analysis – August 16 The price is moving towards the resistance level at $0.32, in case the level does not hold the price; the next targeted resistance level will be $0.36 and $0.39. Should the resistance level at $0.32 holds, the price action may form a double top chart pattern and the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingThe share has continued to consolidate sideways since June. The price is fluctuating between levels 6000 and 6500. The bulls and bears are yet to break levels of the market. The price is now consolidating near the support level. Daily Chart […]
GBPUSD Price Analysis – August 16 The GBPUSD pair has ended a second straight week beneath the 1.3100 price level, unable to stimulate growth potential as Sterling is weakened by Brexit talks. A weak dollar was not enough to drive the pair higher, as Sterling’s demand was constrained by fears about the UK’s potential trading […]
GBPJPY Price Analysis – August 16 GBPJPY registered a noticeable upside shift as it hit a two-month high level of 140.20 during last week’s trading exceeding the prior high of 139.62. The GBPJPY cross quickly retreated the intraday high from the prior session to exit at 139.43 level as anti-risk flow supported the JPY safe-haven. […]
Key HighlightsEthereum retraces to $420 support, may resume upward moveThe downtrend will resume if price breaks below $420 support Ethereum (ETH) Current StatisticsThe current price: $428.00Market Capitalization: $48,021,390,039Trading Volume: $11,821,315,346Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 16, 2020The biggest altcoin is trading at $427 at the […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend. The market is fluctuating between levels 106.00 and 108.00. The price has broken above level 106.00 and resumed an upward move. It is currently facing resistance at level 107.00. Daily Chart Indicators Reading:The 21-day […]
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 […]
