GBPUSD Price Analysis – November 8 The GBPUSD has ticked higher up past the 1.3150 level against a broadly weaker US dollar in the prior session to reach the recent high of its trading range, at the 1.3177 level. The British Pound was undermined by Brexit challenges, as another week went by with significant disparity […]
GBPJPY Price Analysis – November 8 The strong buying pressure in the British pound pushed the GBPJPY cross to fresh session highs, around the 137.38 regions in the last session, albeit the pair retraced and stays capped under the psychological mark at 136.00 level. The persistent Brexit-uncertainties undermines the British pound and prevents any meaningful […]
EURJPY Price Analysis – November 6 EURJPY extends the rangebound trading following the recent bounce from lows beneath 122.00 level towards the 123.00 marks. The US presidential election has intensified, and it certainly appears to be a divided Congress. The Fed is ready to deliver more stimuli. All attention is on the US NFP and […]
USDCHF Price Analysis – November 6 The dollar has resumed its downtrend against the Swiss franc as USDCHF wobbles toward two-month lows beneath the 0.9030 level to reach session lows dangerously despite the oversold condition. The greenback has depreciated about 0.5% so far today amid a broad-based USD weakness with equity markets surging on US […]
Witches, vampires, and ghouls. These Halloween beasties have nothing on every Bitcoiner’s worst nightmare: losing one’s digital gold in a fluke accident or misstep. We can practically hear you screaming at your screen right now. In honour of Halloween season, we’re exploring four spine-tingling tales of brutal Bitcoin losses. We also throw in a little […]
BNBUSD Price Analysis – November 06 The breakup of the $29 resistance level with the daily candle closes above the mentioned level will make the price rally towards the resistance level of $31, which may progress to $33 provided the bulls maintain their pressure. BNB/USD Market Key levels: Supply levels: $29, $31, $33 Demand levels: […]
Price Analysis – November 06 The increase in the bulls’ pressure to break up the two dynamic resistance level will place the price at the $2.7 level, further increase of the bulls’ pressure may allow the price to test the $2.9 and $3.3 resistance level. Failure to break up the dynamic resistance level may lead […]
AUDUSD Price Analysis – November 5 The upbeat market mood further undermined the greenback pushing the AUDUSD to gain traction for the 4th day in a row above the 0.7200 marks. The ongoing steep decline in the US Treasury bond yields continued exerting some pressure on the US dollar and expectation of a Biden win. […]
EURUSD Price Analysis – November 5 The buying bias remains on the EURUSD as it spikes for yet another session lifting the pair to a new weekly high past the 1.1800 level. Amid optimism on the markets, buyers cheer the prospects of a decisive result in the US elections. Key levelsResistance Levels: 1.2011, 1.1917, 1.1808Support […]
