EURCHF Price Analysis – December 28 EURCHF is extremely weak as the price is seen to sink steadily. The market has been bearish since the 20th of September. The dive in the market was further confirmed by the prominent cross of the 9 and 21 Moving Averages. The price dropped from above the 1.0840 zone […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair has been in a downtrend since May as it targets level 1.3800. The selling pressure has reached bearish exhaustion. The Pound fell to the low of level 1.3160 and rebounded. The pair is rising to the upside. The […]
ADA Price Analysis – December 28 In case the buyers increase their momentum to push price above $1.64, the resistance levels of $1.87, and $2.30 may be tested. When the resistance level of $1.64 holds, the support levels of $1.46, $1.32 and $1.11 may be targeted. ADA/USD Market Key Levels: Resistance levels: $1.64, $1.87, $2.30 […]
EURUSD Price Analysis – December 28 EURUSD is indecisive as it remains confined in consolidation above the 1.12020 significant level. EURUSD is being confined from above by the 1.13840 resistance level. The market remains indecisive as to whether to effect a U-turn or plunge further. Sellers and buyers, therefore, can be said to be at […]
EUR/JPY Significant LevelsResistance Levels: 0.7400, 0.7600, and 0.7800Support Levels: 0.7100, 0.6900 and 0.6700 EUR/JPY Price Long-term Trend: BearishEUR/JPY is in a sideways trend as it faces further decline. The previous uptrend was terminated on May 24 as the market reached the high of level 134.00. From the rejection at the recent high, the market declined […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 index is in a sideways trend but may resume downtrend. NASDAQ 100 was earlier in an uptrend. The uptrend has been terminated since November 4. For the past month, the index has been fluctuating below the overhead resistance […]
AUDJPY Analysis – Market Halts Price Action in the Bullish Edifice AUDJPY market halts price action in a bullish edifice following bears involved in the market’s construction. The bullish price activity is assumed to pause due to the price being analyzed to hold a little bearish moment in the action of price movement. The bears […]
NZDUSD Analysis – Kiwi Allows Sellers to Keep up Price Positions in the Market NZDUSD allows sellers to keep up price positions in the market. Due to the reaction of price influx within the market movement, the sellers have successfully been the major inhabitants controlling the price direction. The price level systematically follows a bearish […]
Bitcoin SV Price Analysis – December 27 Inability to break down the support level of $133, the price may reverse towards the resistance level at $148, $171 and $194. An increase in the bears’ pressure may decrease the price to break down the support level of $113 which may expose the price to $73 and […]
