AUDUSD Price Analysis – October 8 On Thursday, the AUDUSD pair gained momentum and increased to a daily high of 0.7171 after holding on to gains beyond the level of 0.7100. The revived hopes for the next round of US fiscal stimulus measures, while alleviating investor concerns, remained supportive of the prevailing upbeat market sentiment. […]
EURUSD Price Analysis – October 8 EURUSD traverses without proper direction around the 1.1750/60 area in the second half of the week. Despite buying pressure, the popular European currency has dropped underneath the 1.1800 marks. Washington’s adverse headlines and fears about Europe’s coronavirus could drive the pair down. Key LevelsResistance Levels: 1.2011, 1.1917, 1.1807Support Levels: […]
Price Analysis – October 08 Should the bears have enough momentum to break down the support level of $2.3, then, the price will be exposed to $2.2 and $1.7 demand level. In case the bulls prevail over the bears, the resistance level of $2.7 will be penetrated and the price will increase to $2.9 and […]
GBPJPY Price Analysis – October 7 The GBPJPY cross soared to new daily highs during the early American session, but lacked any follow-through and stayed underneath the 137.00 marks. The offered tone around the safe-haven Japanese Yen (JPY) prompted the GBPJPY cross to regain positive momentum on Wednesday. Key LevelsResistance Levels: 147.95, 142.71, 137.84Support Levels: […]
XRP/USD Market October 04 An increase of the bulls’ momentum may break up the resistance level at $0.25 and if the daily candle closes above the mentioned level, then the price will target the resistance levels at $0.27 and $0.29. Looking downside, the barriers may be found at the support levels of $0.22, $0.20, and […]
Anyone new to trading Stocks, Metals, Forex, or Cryptos will quickly stumble upon a flurry of mentions of bulls and bears and their grammatical derivatives. Trading commentators might suddenly proclaim a market is bullish or be warned, momentum has turned bearish. There’s even tell of investors with bullish or bearish sentiments. But what exactly does […]
USDCHF Price Analysis – October 6 The selling pressure surrounding the greenback at the start of the week seems to be causing USDCHF to stay under selling pressure. USDCHF downside momentum attacks 0.9133 level during the American session on Tuesday. In doing so, the pair alternates near retracement of late-September as US Dollar Index (DXY) […]
S&P 500 Price Analysis – October 6 During Tuesday’s American session, S&P 500 alternates around 3400 marks, down 0.07 percent intraday. In doing so, the risk barometer separates paths from the upbeat output of Monday that analyzed the highs of mid-September. The speech of Fed Chair Powell, Trump’s update to COVID-19 to decide subsequently. Key […]
ADA Price Analysis – October 06 Should the bulls gather enough pressure to break up and close above the resistance level at $0.10; the resistance levels of $0.11 and $0.13 may be reached. The inability to break up the resistance at $0.10 may lead to further consolidation or price reduction to the support levels at […]
