BNBUSD Price Analysis – February 05 When the bulls maintain their momentum there will be an increase in price to $61, if it is broken upside $69 and $74 resistance levels may be tested. In case the resistance level of $61 is defended by the bears, price may drop to $55, $51 and $44. BNB/USD […]
EURJPY Price Analysis – February 5 The EURJPY pair has attempted to trade lower early during Friday’s European session but was held by the 126.09 level. The pair has remained stuck while extending its sideways trading as the risk-on market weighs the Japanese Yen. JPY was weighed on amid another day of gains for global […]
USDCHF Price Analysis – February 5 The USDCHF pair refreshes multi-day top early in the European session at 0.9045 level as upside traction unrelenting towards positive zones so far. The market mood is upbeat amid NFP and optimism about the Vaccines, stimulus, and US economy. Key LevelsResistance Levels: 0.9304, 0.9187, 0.9093Support Levels: 0.8998, 0.8858, 0.8757USDCHF […]
Price Analysis – February 04 A further increase in the bulls’ momentum may break up the resistance level of $3.3, then, the price may test the $3.8 and $4.5 levels. In case the bulls are unable to break up the resistance level of $3.3, the price may face the support levels of $2.9, $2.7, and […]
AUDUSD Price Analysis – February 4 The AUDUSD pair keep gains while its upside bias stays contained below the key hurdle at mid 0.7600 level. Signs of progress on additional US stimulus measures pushed the yield on the benchmark 10-year government bond to a near 10-month high touched in January with a lid on any […]
EURUSD Price Analysis – February 4 EURUSD has lost substantial levels after the pullback from the 1.2350 barriers while breaking beneath the key 1.2000 psychological level during the European session. The US dollar continues to benefit from Biden stimulus optimism which relatively is strengthening the US economic recovery. Key LevelsResistance Levels: 1.2350, 1.2214, 1.2050Support Levels: […]
GBPJPY Price Analysis – February 3 GBPJPY has been in a declining move over the last couple of days after the upside rally towards the recent high of 144.09 dwindles further beneath 143.69 level as of today’s European session. The market expects further JPY strength which is not due to a negative view on global […]
EURCAD Price Analysis – February 3 The EURCAD’s lower break of 1.5422 level by sellers now confirms the resumption of the whole decline from 1.5979 towards the mid 1.5300 level. The EURCAD pair had slipped underneath the 1.5400 early during the European session as Loonie stays firm on the oil price surge. However, the primary […]
XRP/USD Market February 02 If the bulls were able to increase their momentum and break up the $0.39 level, then, $0.49, $0.62 will be the next target. Should the resistance at $0.39 holds, the price may continue consolidating at the $0.39 level. However, below the current market price are $0.28, $0.21, and $0.17 support levels. […]
