EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]
XAGUSD Price Analysis – October 26 XAGUSD confronts selling pressure on Monday as coronavirus concerns weighed over the risk sentiment and strengthened the haven demand for the US dollar. The white metal dropped to the $24.09 level, the lowest level since Oct.15, during the early trading hours. The risk-off occurs as the US registered a […]
NEO Price Analysis – October 26 The crypto may retest the support level at $16 and break down the level, decline to $14, and $12 support level. In case the price is rejected at $16, then the ranging movement may continue. At the upper side of the market above $19 levels, resistance levels can be […]
GBPUSD Price Analysis – October 25 The GBPUSD broke below the 1.3050 level and at risk of plunging in the short-term beneath the 1.3000 level, after hitting a fresh two day low in the prior session. The Pound is under pressure as US Dollar recovers momentum however the upbeat UK Retail Sales and expanding business […]
GBPJPY Price Analysis – October 25 The Pound sterling vs safe-haven Yen stays fragile under selling pressure at the end of the week, despite trading in a consolidation channel between 137.84 and 135.38 levels. Persistent Brexit-related uncertainties continued undermining the sentiment around the GBP. Key LevelsResistance levels: 147.95, 142.71, 137.84Support levels: 135.38, 133.04, 131.75GBPJPY Long […]
BNBUSD Price Analysis – October 24 The price breakup at the resistance level of $31 will expose the price to the resistance level of $33 and $35. Likewise, the breakdown of the support level at $29 will reduce the price to the support level at $26 and $24. BNB/USD Market Key levels: Supply levels: $31, […]
Price Analysis – October 22 The price may penetrate the resistance level of $2.7 provided the bulls increase their pressure and the price may increase to $2.9 and $3.3. Ranging movement may continue if the resistance level at $2.7 holds. Looking below the current price are the support levels at $2.3, $2.2, and $1.7. Key […]
EURJPY Price Analysis – October 23 EURJPY’s corrective downside from a recent high around 125.00 level meets decent contention at the 123.41 regions. The pair is attempting to recover higher against the Yen, following the release of positive PMI Manufacturing data from Europe. Key LevelsResistance Levels: 127.07, 126.46, 125.00Support Levels: 123.37, 122.37, 119.31EURJPY Long-term Trend: […]
USDCHF Price Analysis – October 23 The USDCHF has bounced up from 0.9030 lows against the Swiss Franc while selling bias continues to aim for the 0.9000 level. The greenback plunged across the board in the initial European session as hopes of a breakthrough on the US coronavirus stimulus negotiations boosted demand for risky assets. […]
