EURJPY Price Analysis – November 22 The European common currency traded between the range on the level at 120.40 / 120.03 handle versus the Japanese yen during yesterday’s trading session. However, an increased momentum may likely impact the FX pair in the next session. In this scenario, the exchange rate may display a level of […]
AUDUSD Price Analysis – November 21 Over the past 24 hours, the Australian dollar has depreciated by approximately 44 basis points versus the US dollar. The currency pair crossed the lower horizontal zone on the level at 0.6810 during yesterday’s trading session. Key Levels Resistance Levels: 0.7205, 0.7085, 0.6929 Support Levels: 0.6769, 0.6710, 0.6670 AUDUSD […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bearish Bitcoin SV was in a bearish trend until the market fell to a low of $80. The price consolidated above the support at $80 for a month before the price corrected upward. The upward movement was interrupted as the bulls […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bearish Early in November, the bulls were making impressive moves. Firstly, the bulls broke the downtrend line to resume a bullish movement. The second impressive move was inconclusive as the bulls fail to break the resistance at $0.08. The price tested […]
GBPJPY Price Analysis -November 20 During the last one month, the GBPJPY’s price has traded on the upside between the horizontal level at 141.50 and the level at 138.88 while testing the top and the bottom of the formed channel in a sideways trend. However, in today’s trading session, the FX pair has broken below […]
The United Kingdom has joined other territories in classifying cryptocurrencies as ‘property’. This new development was reported by the Times which stated that a legal committee led by the Chancellor of the High Court, Sir Geoffrey Vos, came to an agreement that poses considerable implications for the legitimacy of cryptocurrencies and assets in the country. […]
Key Resistance levels: $22, $24, $26 Key Support Levels: $12, $10, $8 BNB/USD Price Long-term Trend: Bearish Binance Coin has been falling for the past five days after the bulls fail to penetrate the resistance at $22. Since late October, the bulls have formed three tops while attempting to breach the resistance level. On each […]
USDCHF Price Analysis – November 19 The FX pair moved past the moving average 5 and 13 while breaking the horizontal zone on the key level at 0.9911 early during the European session, but could not sustain the momentum. As at the time of composing, USDCHF dived again below the key level at 0.9911. The […]
EURUSD Price Analysis – November 18 The bulls had full control today, moving the market up during the entire European session as the FX pair confirmed its breakout past the high of the prior session after trading up to 1.1068 above during the day. Key Levels Resistance Levels: 1.1501, 1.1412, 1.1278 Support Levels: 1.0989, 1.0879, […]
