USDCHF Price Analysis – September 8 USDCHF soared to level 0.9200 on Tuesday after reaching a multi-week high as trend price shifts higher – the highest level after Aug. 12. The dollar discovered some demand across the market against the majority of the majors as USDCHF moved up approximately 0.30 percent. Key LevelsResistance Levels: 0.9902, […]
S&P 500 Price Analysis – September 8 S&P 500 drops beneath 3400 amid the initial hour of Tuesday’s European session. The S&P 500 trades toward a key barrier around 3477 levels but lost momentum. The risk-barometer portrays the general market conditions amid a lack of major data/events. Key LevelsResistance Levels: 3588, 3522, 3477Support Levels: 3350, […]
ADA Price Analysis – September 08 The price is approaching the $0.08 price level; if the just mentioned level is defended by the bulls, the price may return to face the resistance levels at $0.01, $0.11, and $0.13. In case the bulls could not defend the demand level at $0.08, a decrease in ADA […]
Bitcoin SV Price Analysis – September 08 The ability to break up the two dynamic resistance levels will place the price at $185; a further increase in bulls’ pressure will place the price at the next resistance levels at $198 and $217. BSV/USD Market Key Levels: Resistance levels: $185, $198, $217 Support levels: $153, $134, […]
EURUSD Price Analysis – September 7 EURUSD holds the selling bias unaltered at the beginning of the week, although it has so far managed well to stay under pressure beyond the 1.18 level as the dollar maintains its resilience, holidays in the US and Canada hold volumes at lows. The good impact of European indexes […]
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XAGUSD Price Analysis – September 7 Silver drops to $26.62 level, down 0.46% on a day, during Monday’s initial trading session. The white metal maintains its downside break of nearly a month old while searching for fresh traction. As a result, sellers’ eyes further weakness towards the round figure of $26.00 level. Key LevelsResistance Levels: […]
GBPUSD Price Analysis -September 6 At the end of the prior week, the GBPUSD pair bottomed at 1.3175 level, moving ahead to end the day little changed at 1.3280 level. The GBPUSD was hit by a lower than expected August Construction PMI during European trading hours, resulting from 58.1 in July at 54.6 for August. […]
GBPJPY Price Analysis – September 6 Recently, the GBPJPY took a U-turn from the horizontal barrier at level 142.71 in the previous sessions while opting not to pursue the recent losses in the last few days of the week. Buyers are thus following an ascending trend line as of June 5th, 2020. Key LevelsResistance Levels: […]
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