BNBUSD Price Analysis – December 11 The ability to break down the support level of $26 will expose the price to $24 and $22. In case the support level of $26 is defended by the bulls, the price may reverse and face the $29. $33, and $37 resistance price level. BNB/USD Market Key levels: Supply […]
Price Analysis – December 11 Further increase in the bears’ pressure will decrease the price to the $2.4 support level; the bearish momentum may extend to $2.1 and $1.5 if $2.4 does not hold the price. However, the resistance levels above the current price can found at $2.7, $3.0, and $3.3. Key Levels: Resistance levels: […]
EURUSD Price Analysis – December 11 EURUSD continues its upward movement with decent gains, approaching the previous daily highs in the area of the 1.2150 level. The pair recorded a high at 1.2143 during the exit of the American session and after all the events at the ECB. The European Central Bank (ECB) has added […]
XRP/USD Market December 09 The ability to break the confluence at the support level of $0.55 will decline the price to $0.49 and $0.44 price level. The resistance levels above the current price can be found at $0.63, $0.73, and $0.79. Key Levels: Resistance levels: $0.63, $0.73, $0.79 Support levels: $0.55, $0.49, $0.44 XRP/USD Long-term […]
GBPJPY Price Analysis – December 9 GBPJPY rallies to new weekly highs at the start of the American session, gaining steady positive traction breaking the 140.31 barriers. Optimism for the COVID-19 vaccine has eroded the yen as the Brexit deal gave a strong boost to the British pound. Key LevelsResistance Levels: 147.95, 144.95, 142.71Support Levels: […]
EURCAD Price Analysis – December 9 EURCAD has come under renewed selling pressure, falling back towards the sub 1.5500 level. The common European currency has plunged by 0.29% against the Canadian Dollar since the day’s start. The central event in both the US and Europe is the outcome of the stimulus budget fights except CAD […]
ADA Price Analysis – December 09 Further increase in the bears’ pressure may push the price to reach the support level of $0.1; below this level is the $0.10 support level. Should the support level of $0.13 holds, then, ADA will be confronted with the resistance levels at $0.16, $0.17, and $0.19. ADA/USD Market Key […]
USDCHF Price Analysis – December 8 USDCHF is trading around the level at 0.8892 having traveled between a range of 0.8914 and 0.8887 level on the day so far. The pair has plunged to its lowest level in 5 years at 0.8885 level as US Dollar Index clings to modest gains near 91.00. Key LevelsResistance […]
S&P 500 Price Analysis – December 8 S&P 500 index declined towards a level at 3676, down 0.30%, during the session. The index extends the prior day’s pullback from the historic high of 3706 levels. S&P 500 is modestly lower and seems to be struggling to pare its losses. The uncertainty over the US stimulus […]
