GBPJPY Market Analysis – August 20 GBPJPY double top chart pattern has plunged the price back to the 149.350 support zone. The chart pattern was formulated after price recovered from a downward surge which sunk the coin well below the 149.350 key level. GBPJPY met support at 148.440 and moved up. Further support from 149.350 […]
EURJPY Price Analysis – August 20 On Friday, the EURJPY continued much under attack at current levels within the 128.00 area. A further decline might take the price down to the 127.00 level. In terms of policy, the gap between the Federal Reserve and the European Central Bank (ECB) is anticipated to increase in the […]
BNBUSD Price Analysis – August 20 The resistance level of $420 has turned to support level and price is exposed to the resistance levels of $503, $599 and $678. The support levels below the current price can be found at $420, $364 and $311. BNB/USD Market Key levels: Supply levels: $433, $503, $599 Demand levels: […]
USD/SGD moves sideways in the short term. It has decreased a little, but the bias is still bullish. That’s why we could still search for long opportunities. The Dollar Index has continued to increase, so the greenback could resume its appreciation. USD has received a helping hand from the US Unemployment Claims in yesterday’s session. […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BearishGold price is in an upward move. The upward move is facing an initial obstacle at the $1,800 resistance zone. On the upside, if price breaks above the resistance zone, the Gold price will be above the moving averages. In […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishDOGE/USD rallied to $0.35 high on August 15 but faced resistance at the recent high. The altcoin retraced to $0.285 low and resumed an upward move. Meanwhile, on August 15 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 19 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has formed an inverted head and shoulder reversal pattern to shoot price […]
AUDUSD Price Analysis – August 19 The AUDUSD fell below the 0.7200 regions and maintains a highly offered bias trading barely above mid-0.7100s, its lowest level since early November. The pair’s weakness continues as the US dollar strengthened and Australia’s coronavirus issues prompted another round of GDP projection downgrades. Key LevelsResistance Levels: 0.7389, 0.7289, 0.7189Support […]
EUR/GBP increases at the moment of writing signaling strong buyers and a potential upside continuation. In the short term, it has decreased a little trying to attract more buyers before jumping higher. The Euro has received a helping hand from the Euro-zone Current Account. The economic indicator was reported at 21.3B versus 12.3B expected and […]
