XAUUSD Price Analysis – May 20 Gold continues to capitalize on its modest gains higher, moving towards the latest high around the $1750 price level, but the precious metal has been capped by the upbeat market mood and recent greenback upturn. A solid rally in the US equity futures also kept a lid on any […]
Key Resistance Levels: $70, $80, $90Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: BullishToday, buyers are retesting the $46 high which is now a minor resistance. About 48 hours ago, the bulls were resisted as they attempt to move upward. Buyers are still finding penetration difficult at the resistance. However, if the selling […]
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 trading in a sideways trend. The price is fluctuating between levels 108.000 and 110.000. Today, the Yen is testing the lower price range to break above it. The index will be in the range-bound zone if […]
USDCHF Price Analysis – May 19 USDCHF posts a slight gain of about 0.10 percent after flickering as a quote at 0.9724 level amid early Tuesday’s session. The pair exchange within a triangle in a consolidation bout while anticipating a breakout. The widespread uncertainty in the USD does seem to encourage USDCHF to trade sideways. […]
S&P 500 Price Analysis – May 19 S&P 500 is projected to expand its rebound to level 3000, with fresh sellers at the upper edge anticipated. Although the lockdowns started to ease globally, the U.S. also lifted investor sentiment. Over the weekend, Federal Reserve Chairman Jerome Powell said the central bank had reserves to stimulate […]
Key Resistance Levels: $0.30, $0.40, $0.45Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: BullishYesterday, the bulls made a failed attempt to breach the $0.20500 resistance level. The crypto is now on the downward move after being resisted. Since the last breakdown on May 10, the upward move has been restricted below $0.20500 resistance. The […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is in an uptrend. It is presently rising from its low of level 10161and approaching level 11000. On the upside, if the bulls break above level 11000, the market will rally above level 11500. It other words, […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is in an uptrend. It is presently rising from its low of level 10161and approaching level 11000. On the upside, if the bulls break above level 11000, the market will rally above level 11500. It other words, […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair was earlier in an uptrend as the market reached a high of level 0.94000. At the peak price of 0.94000, the market reached the overbought region. Sellers emerged to push prices downward. The market fell to level […]
