EURCAD Price Analysis – January 27 The single European currency has edged lower by 0.05% against the Canadian Dollar since the beginning of the Wednesday session. The currency pair stays lower from the intraday’s price of 1.5472 with the upside run staying constrained beneath 1.5500. Given the exchange rate’s recent rebound from lows, the pair […]
ADA Price Analysis – January 26 Should the bears further increase their momentum and push the price to break down the support level of $0.27, then, $0.24and $0.21 may be tested. In case the price is rejected at the $0.27 level, the price may reverse. The resistance level can be found at $0.34, $0.38, and […]
NEO Price Analysis – January 26 Further increase in the bulls’ momentum may break up the resistance level of $25, which will increase the price to $28 – $34 price level. When the $25 level holds the price the bears may push down the price to $22 support level in which $19 and $15 levels […]
USDCHF Price Analysis – January 26 USDCHF has been stabilizing beyond mid 0.8800 extending its recovery moves towards 0.8900 level during the European session on Tuesday. Amid the unstable market sentiment, the risk-off mood bolsters the US dollar strength and the quote’s upside advance. Key LevelsResistance Levels: 0.9187, 0.9093, 0.8998Support Levels: 0.8858, 0.8746, 0.8639USDCHF Long […]
S&P 500 Price Analysis – January 26 The risk sentiment took a fresh on S&P 500 as it probes recent lows in the 3830 vicinity deepening losses to the tune of 0.60% while heading towards 3800 levels. US Senate Majority Leader Chuck Schumer raised doubts over the swift approval of President Joe Biden’s $1.9T fiscal […]
EURUSD Price Analysis – January 25 Earlier on Monday fresh optimism propelled the EURUSD to the 1.2183 level with some retreats to the 1.2140 mark for further positive traction as the pair acts to preserve its intraday gains. The pair met fresh supply on downbeat German IFO data, heading past the prior day’s low at […]
XAGUSD Price Analysis – January 25 The precious metal market is mixed as Silver (XAGUSD) bulls and bears tussle into a phase of consolidation at the mid $25.00 level, having rebounded from prior sessions plunge to the $25 mark. Markets are on the rise as the Biden administration pushes for stimulus ahead of the Fed […]
XRP/USD Market January 24 The breakdown of the price at the $0.28 level will make the coin continue its bearish trend towards the support level of $0.21 which may extend to $0.17. The penetration of the $28 level upside will trigger the continuation of the bullish trend towards $0.39, $0.49, and $0.62 price levels. Key […]
GBPUSD Price Analysis – January 24 Last week the GBPUSD pair maintained a positive tone and in the previous session, sellers made a fresh attempt to continue selling below 1.3700. The pound was hit by poor UK data as retail sales rose a modest 0.3% mom in December, well below the 1.2% anticipated. Key LevelsResistance […]
