XRP/USD Market January 17 An increase in the bulls’ pressure may push the price to penetrate the resistance level of $0.28 level; the price may increase to $0.39 and $0.49. In case the resistance level of $0.28 holds, the price may reverse and the support levels of $0.21, $0.17, and $0.15 may be tested. Key […]
“But you never know! It could turn out to be a great trade.” – Joe Ross Before you open that trade, what are your aims and ambitions as a trader? Although the markets do not offer guarantees, why are you placing this trade?Before you open that trade, note that your trading system is not perfect. […]
BNBUSD Price Analysis – January 15 In case the sellers were able to push the price below the support level of $37 and the daily candlestick close below the level, then, the price may decline further to test the $31 and $27 support level. Inability to break down the support level of $37, the bullish […]
EURJPY Price Analysis – January 15 The common European currency has declined versus the Japanese Yen for 6 days in a row at the same time to sub 126.00 level while exiting the week in a negative zone. The currency pair is exchanging under the moving average of 5 and 13. The upside potential against […]
USDCHF Price Analysis – January 15 The USDCHF pair is on the path to probe the 0.8918 December highs. The upside traction awaits a break of 0.8920 barriers and above would open the path towards the mid 0.9000 level. Recent fundamentals of President-elect Biden’s fiscal plan underlines the negative backdrop for USD that lies ahead. […]
Price Analysis – January 14 Should the bears maintain their momentum to break down the support level of $2.4, then, the price may test the $2.1. In case the bulls defend the support level of $2.4, the resistance level of $3.0, $3.3 and $3.7 may be the target. The bullish trend may continue. Key Levels: […]
AUDUSD Price Analysis – January 14 AUDUSD pair continues upside move with a fresh bid during the European session, now extending the upside bias towards 0.7800 amid $2 trillion US stimulus plan announcement, as markets await further trading impetus. Key LevelsResistance Levels: 0.8170, 0.8136, 0.7800Support Levels: 0.7725, 0.7635, 0.7461AUDUSD Long term Trend: BullishAs seen on […]
EURUSD Price Analysis – January 14 The EURUSD pair remains on the back foot and retreats beneath 1.2150 to register a European session low of 1.2135 level. At the time of this post, the European currency is hovering up at the 1.2164 level. The new American administration is set to announce a generous stimulus package […]
XRP/USD Market January 13 Should the bulls increase their pressure, the price may penetrate the resistance level of $0.39 level; the price may increase to $0.39 and $0.62. In case the resistance level of $0.39 holds, the price may reverse and the support levels of $0.28, $0.21, and $0.17 may be tested. Key Levels: Resistance […]
