XAGUSD Price Analysis – January 4 Spot silver (XAGUSD) is looking to break the $27.50 level as the white metal breaks out of its recent high of $26.77 during Monday’s early European session. Overall, the market remains patchy, but the dollar as a whole is weakening as markets wait to see what happens with US […]
XRP/USD Market January 03 When the bulls penetrate the $0.21 level, the price may decrease further to $0.17 and $0.10. Should the support level of $0.21 holds, the price may reverse and the resistance levels of $0.28, $0.39, and $0.49 may be tested. Key Levels: Resistance levels: $0.28, $0.39, $0.49 Support levels: $0.21, $0.17, $0.10 […]
GBPUSD Price Analysis – January 3 GBPUSD has sustained its positive tone into the new year while holding on to gains towards the 1.3665 level, a fresh multi-year high set. The Pounds stays supported by relief after the post-Brexit deal just one week before the end of the transition period. Key LevelsResistance Levels: 1.3900, 1.3800, […]
GBPJPY Price Analysis – January 3 GBPJPY continues with an upside push and closed around the 141.00 ceilings that kept the bulls under control in the past for the second time. The currency was unable to break convincingly above the 141.22 level on confirmation that the Brexit deal had been reached. Key LevelsResistance Levels: 147.95, […]
USDCHF Price Analysis – January 1 The USDCHF pair emerges from multi-year lows today, 1st Jan 2021, with buyers now looking to extend the upward trajectory further beyond the mid 0.8800 marks. Soon a change of guard at the White House will come with economic, geopolitical, and social policy change with impact on the USD. […]
Price Analysis – January 01 Should the bears have enough momentum to break down the support level of $2.4, then, the price will be exposed to the $2.1 and $1.8 support levels. In case the bulls prevail over the bears, the resistance level of $2.7 will be penetrated and the price will increase to $3.0 […]
The past few days have been a very heart-wrenching experience for Ripple (XRP), which has seen the third-largest cryptocurrency shave off close to 60% from its value. Things came crashing for the cryptocurrency following a recent lawsuit by the SEC. In this article, we will be taking a deep dive into the SEC’s lawsuit against […]
AUDUSD Price Analysis – December 31 AUDUSD continued its rally and hit 0.7742, its highest level in almost 3 years, at the start of Thursday’s session. Underlying bullish sentiment in global equity markets continued to undermine the safe-haven dollar. Key LevelsResistance Levels: 0.8136, 0.8000,0.7800Support Levels: 0.7635, 0.7571, 0.7414AUDUSD Long term Trend: BullishIn a long-term trend, […]
EURUSD Price Analysis – December 31 Buyers of EURUSD are returning to the 1.2300 area at the start of the last day of 2020, however, due to the absence of any new fundamental catalyst, buyers took a short pause and refrained from new heights amid low trading volumes at the end of the year. EURUSD […]
