Key Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bearish France 40 index is in a downtrend as the market reaches a low of 3750. The index is currently in an upward move because 3750 support is holding. The upward move is currently hampered by the resistance […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin is in a tight range and trading below $40 resistance. The bulls have broken the resistance line of the descending channel. LTC is still facing selling pressure despite breaking the resistance line. The breaking of the resistance […]
GBPJPY Price Analysis – April 1 The FX cross is presently stalled close to 134.00 sub-levels, for the 4th consecutive day in a row, having attempted to take out the price at 134.72 level. The Pound was under tension because Fitch reduced its UK long-term issuer default ratings to AA- from AA, noting the deterioration […]
XAUUSD Price Analysis – April 1 Gold price is trading 0.70% higher against the USD from yesterday’s close. The precious metal quickly reversed an early Asian session dip to levels around $1,573.05 region, and rather caught some fresh bids while recovering a part of the prior session’s sharp slide amid reviving safe-haven demand. Key Levels […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin went up again as the bears were unable to break the next support at $5892. The bulls were attempting to carry price above the breakout level of $6,400. Bitcoin has moved up but it is fluctuating […]
Key Resistance Zones: 24000, 25000, 26000 Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: Bearish Italy 40 is currently making an upward move as the 15000 support holds. The upward move is currently facing resistance at 17566. ITA40 will reach a high of 22000 if the resistance at 17566 is breached. The […]
Key Resistance Zones: 28500, 29000, 29500 Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: Bullish The index upward move is continuing as the price reaches a high of 22576. At the high of 22576, the market is facing some resistance. The current resistance has been tested by the bulls but […]
USDCHF Price Analysis – March 31 USDCHF holds the U-turn of the prior day, thus bringing circles from the level of 0.9600 towards the mid-level at 0.9696 ahead of Tuesday’s American session. Even though yesterday the Fx pair stabilized sideways but could not resolve certain marked barriers, and thus stays fragile. Key Levels Resistance Levels: 1.0231, 10027, 0.9902 […]
S&P 500 Price Analysis – March 31 The S&P 500 consolidates the 4-day advance beneath the levels of 2600/2700 while big and powerful outbreak threats linger, worldwide uncertainties stay on the weak side during Monday’s initial trading session. Tactically, as per analysts at Goldman Sachs, they reasonably expect the S&P 500 to increase to 3000 […]
