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USDCHF Falls Into Support Near 0.9170 As the DXY Weakens From Highs

USDCHF Price Analysis – July 8 In the early trading hours, the US dollar’s plunge halts the USDCHF advance around 0.9264. The pair trades with a downside price action plunging to as low as 0.9173. USDCHF is currently trading at 0.9178, down 0.85 percent on the day. Investors accepted the Fed’s dovish stance and lower […]

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USD/CAD Is In a Brief Uptrend but May Reverse at Level 1.2544

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD has resumed an upward move after reaching the low of 1.2300. The currency pair has broken the previous resistance at level 1.2450 as the pair approaches the target price of 1.2750. Meanwhile, on June 18 uptrend; a retraced candle […]

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Ethereum (ETH) Price Analysis: Ether Reaches the Overbought Region at $2,400 as Selling Pressure Resumes.

Key HighlightsEthereum bulls face rejection at recent highThe biggest altcoin has reached an overbought region of the market Ethereum ETH) Current StatisticsThe current price: $2,345.74Market Capitalization: $273,406,230,919Trading Volume: $23,554,898,278Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 7, 2021 Since July 2, Ethereum has been making positive moves. […]

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AUDUSD Stable Past 0.7500, With the Absence of Momentum

AUDUSD Price Analysis – July 7 Despite a lack of strong follow-through, the AUDUSD pair maintained its bid tone and held solidly above the 0.7500 psychological thresholds during the first half of the European session. Indications that the Fed may maintain its ultra-loose monetary stance for a prolonged period continued to operate as a barrier […]

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