Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish In the last 48 hours, BCH is trading below the $480 resistance. The bulls have made frantic efforts to break above it. At the same time, the market respects the historical price level. The current resistance is the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is on the downward move because of the resistance at $10,400. Yesterday, the market reached a high of $10,460 but the bulls could not sustain the upward move above the resistance at $10,360. In retrospect, the […]
AUDUSD Price Analysis – February 13 The AUDUSD pair sank lower on Thursday and is currently near the lower end of its daily trading range, just above the 0.6700 level. The pair stopped the recent recovery from a low of a decade and on Thursday came under some pressure from sellers amid new fears about […]
USDWTI Price Analysis – February 13 WTI is trading near the price level of $ 51.50. After an intraday low to $ 50.75. During the Asian session on Thursday into the European session. In its monthly report on the oil market, the International Energy Agency lowers its forecast for oil demand growth in 2020 by […]
GBPJPY Price Analysis – February 12 GBPJPY pair rose Wednesday in the mid-European session into the American session on Wednesday and is as of now close to the week tops, just underneath the level of the round figure of 143.00 level. Without any new (negative) headlines identified with Brexit, the British pound added to the […]
XAUUSD Price Analysis – February 12 Gold is declining for the second session in a row on Wednesday and is currently near the bottom of its weekly trading range, near the levels of $ 1563-67. Risk flows led to a positive increase in US Treasury bond yields, which also played a role in exerting additional […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish Today, Litecoin is in an upward move after rebounding at a low of $72. The coin has moved up to a high of $79.65 but it is being resisted. On February 9, the bulls have earlier tested the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Today, the bulls broke above the target price of $10,360 and reached a high of $10460. Unfortunately, Bitcoin is retracing after being resisted at $10,400. On the downside, if price retraces to the $10,000 support and holds, […]
USDCHF Price Analysis – February 11 The currency pair has consolidated its recent strong gains and remains in a narrow trading corridor for the second session in a row on Tuesday. Despite the prevailing risk appetite, which tends to undermine demand for alleged safe-haven currencies such as the Swiss franc, the pair struggled to get […]
