ADA Price Analysis – December 15 Should the bulls increase their momentum and push the price above the resistance level of $0.16, then, $0.17 and $0.19 may be tested. In case the price is rejected at the $0.16 level, price consolidation may commence. The support level can be found at $0.13, $0.11, and $0.10 levels […]
USDCHF Price Analysis – December 15 The USDCHF pair plunged to its lowest level of 0.8850 and stays pressured in a tight range while posting multi-year lows on Tuesday and seems to be having a difficult time staging a meaningful rebound amid the broad-based USD weakness. As of writing, the pair remains flat on the […]
S&P 500 Price Analysis – December 15 S&P 500 is continuing in the positive territory as coronavirus vaccine rollout and heightened hopes for a US stimulus deal caused a positive shift in risk sentiment. The S&P 500 reversed the prior day’s loss posting a small, potentially positive gain. As of writing, the S&P 500 is […]
EURUSD Price Analysis – December 15 EURUSD buyers continued with a long position while building on the gains of the prior two weeks which leaves an upside bias on the longer-term projections. The pair sustains upside bias near 2020 highs at 1.2177 level trading presently at 1.2144 level, as Brexit’s optimism weighed on the dollar’s […]
NEO Price Analysis – December 14 The continuation of the bullish movement will place the price at the $19 resistance level. The breakup of the just mentioned level will expose the price to the $22 and $25 resistance level. Below the current price level of NEO are support levels at$16, $13, and $12. NEO/USD Market […]
XRP/USD Market December 13 In case the bears were able to push the price below the support level of $0.49, then, $0.33 price level may be reached as long as the bears can push down the price to penetrate the $0.44 and $0.39 price level. The resistance level above the current price level can be […]
GBPUSD Price Analysis – December 13 GBPUSD continued weakness under the 1.3260 level may see the pair being sold towards the 1.3000 level. A nerve-wracking weekend concludes with growing fears Brexit talks could collapse. The Brexit saga lives on, promising a high dose of action. Key LevelsResistance Levels: 1.3700,1.3514, 1.3313Support Levels: 1.3200, 1.3000, 1.2813GBPUSD Long […]
EURJPY Price Analysis – December 11 EURJPY has plunged sharply after increasing towards 126.61 level. The currency pair breached the 126.00 mark level during Friday’s trading session. EURJPY has been grinding lower after the ECB decision and Villeroy’s comments on the euro exchange rate. Key LevelsResistance Levels: 127.50, 127.07, 126.68Support Levels: 126.00, 125.00, 123.90EURJPY Long-term […]
USDCHF Price Analysis – December 11 The USDCHF pair declined to its lowest level around the level at 0.8851 on Friday but presents a rebound during the American session. The selling pressure surrounding the US Dollar Index (DXY) is reflecting the broad-based USD weakness resulting in further weakness for the USDCHF pair. Key LevelsResistance Levels: […]
