S&P 500 Price Analysis – December 1 S&P 500 opened near 3662 levels, and it’s up at almost 0.50% intraday, during the initial hour of American open on Tuesday. The index has recovered upside traction after the prior day’s range trading and closes at the 3661 levels. The latest rally suggests the stimulus optimism may […]
NEO Price Analysis – December 01 The NEO price may reach the previous high at $22 provided the $19 price does not hold and further increase in the bulls’ momentum may take the price higher to the $25 level. In case the bears take over the market at a resistance level of $19, the price […]
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While the financial markets have benefited from significant diversification and evolution during the digital age, there remain some universally popular asset classes that continue to attract huge interest. Take the forex market, for example, which continues to grow and sees an estimated $6.6 trillion traded globally every single day. This volatile and highly leveraged market […]
EURUSD Price Analysis – November 30 The EURUSD has continued its recent upside swing with an attempt to run through the 1.20 marks suggesting price is en route to its 2020 2-year high at 1.2011 level after days of range. The US dollar has also been on the back foot as news coming from the […]
XAGUSD Price Analysis – November 30 Silver (XAGUSD) resumes last week’s sell-off amid optimism for an economic rebound as the white metal slumps under the $22.00 level. Any rebound attempt is probably going to stay shallow beneath the confluence zone around the $23.50 level. Key LevelsResistance Levels: $26.00, $23.50, $22.83Support Levels: $21.66, $19.65, $18.37XAGUSD Long […]
XRP Weekly Price Analysis – November 30 In case the bulls continue to dominate the XRP/USD market, the price may soar to the resistance at $0.73, $0.79, and $0.88 levels. On the downside, the price may find support levels at $0.61, $0.55, and $0.49. XRP/USD Market Key Levels: Resistance levels: $0.73, $0.79, $0.88 Support levels: […]
GBPUSD Price Analysis – November 29 GBPUSD plunged beneath the mid 1.3300 level in the prior session around which it closed. The pair lost upside momentum towards the end of the week as Brexit pessimism and tension contributed to its woes. The lack of progress in talks has hurt demand for sterling. Key LevelsResistance Levels: […]
GBPJPY Price Analysis – November 29 GBPJPY is faced with sellers’ pressure as it stays depressed beneath the 139.00 level and ended the prior session at the lows around the 138.28 regions. The pair dumps after being weighed by the ongoing uncertainty about the Brexit negotiations adding negative pressure to the pound sterling. Key LevelsResistance […]
