USDCHF Price Analysis – May 12 The USDCHF pair drifted from three-day highs about 75 pips and fell in the last hour to new session lows, around the region of 0.9670. The pair failed to follow up on its initial rebound, rather met another fresh supply close to mid-0.9700s level despite substantial dollar weakness and the […]
S&P 500 Price Analysis – May 12 While United States President Donald Trump’s stern position toward China is impacting on the market’s risk-on mood, S&P 500 grapples with bears while wavering at negative 0.30 percent to 2901 level during Tuesday’s early European session. When S&P 500 was being published, it’s drifting while increasing in value […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple was earlier trading above $0.21 for over six days before the price breakdown. XRP dropped to the low of $0.17501 after breaking the support line. There is an indication of a downward move as price closed below the […]
Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bullish The index is in an uptrend. The upward move is making a series of higher highs and higher lows. A bearish candlestick has been resisted after testing 11340 resistance. The market fell from the recent high to […]
EURUSD Price Analysis – May 11 EURUSD confronts the risk of attempting to push higher in the fresh week of reversal and trading around the 1.0800 thresholds this Monday, restricted to a small range of 40 pips since the day commenced. Whereas, the optimism of investors simply looks for near-term guidance towards the disruptions from […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Ranging The EUR/GBP pair is on an ascending Channel. Since the pair fell to level 0.86816, the market has been fluctuating between the levels of 0.87000 and $0.88000. The market has been range-bound between those levels in the last […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish US Wall Street 30 index is making a steady upward move. The price is making a series of higher highs and higher lows. Each higher high or higher low is greater than the previous one. […]
GBPUSD Price Analysis – May 10 Pound Sterling’s growth from low level 1.2266 on Thursday, May 7th may have amassed intensity with the GBPUSD stepping past level 1.2400. iThe pair tends to recover lost territory from the previous session into this week, with a reported intra-day high at 1.2467 regions backed by risk-on market sentiment and […]
