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EUR/CHF Reaches Oversold Region, Breaks below Level 1.0897

EUR/CHF Reaches Oversold Region, Breaks below Level 1.0897

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move since March. The pair is falling after the rejection at level 1.1150. Today, the market has declined to the low of level 1.0901. Further downside is likely. On May 30, buyers retested level […]

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Ethereum (ETH) Price Analysis: Ether Trades Marginally below $2,900 Resistance

Ethereum (ETH) Price Analysis: Ether Trades Marginally below $2,900 Resistance

Key HighlightsEthereum continues sideways move below the $2900 resistanceThe biggest altcoin is likely to fall to $2,094 Ethereum ETH) Current StatisticsThe current price: $2,597.80Market Capitalization: $302,833,961,510Trading Volume: $35,825,471,327Major supply zones: $2,800, $3,000, $3,200Major demand zones: $1,800, $1,600, $1,400 Ethereum (ETH) Price Analysis June 9, 2021 Ethereum is in a sideways move below $2,900 resistance. Ethereum […]

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GBP/USD Consolidates between Levels 1.4100 and 1.4250, Uptrend Likely

GBP/USD Consolidates between Levels 1.4100 and 1.4250, Uptrend Likely

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD pair is in an uptrend. The Pound is currently fluctuating below level 1.4300. The upward move has been resisted since May 18. Meanwhile, on May 11 uptrend, a retraced candle body tested the 61.8%% Fibonacci retracement level. The retracement […]

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AUD/JPY Is Range-Bound below Level 85.50 Resistance

AUD/JPY Is Range-Bound below Level 85.50 Resistance

Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingAUD/JPY currency pair was earlier in an uptrend. The uptrend was terminated in February as the pair resumed a sideways move below the level 85.50. Since February, the currency pair has been in a sideways trend below the resistance at […]

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