EURJPY Price Analysis – October 30 The selling momentum in EURJPY stays intact as its weakness extends beneath the 122.00 level at the end of the week earlier on Friday. Downside risks have continued to dominate the Eurozone currency against the Japanese Yen on negative market sentiment due to the continuous wave of Covid-19. Key […]
USDCHF Price Analysis – October 30 The USDCHF is increasing for the 5th day in a row on Friday as its upsurge hits 14 days high beyond the 0.9150 marks. The pair has accelerated its uptrend supported by the broad-based USD strength as US Dollar Index clings to positive gains above 94.00. Key LevelsResistance Levels: […]
BNBUSD Price Analysis – October 30 The price is targeting the support level at $26, if it does not hold the coin will reduce to support level at $24 and $22. In case the $26 price level, it may bounce and increase towards the resistance levelsat$29,$31, and $33. BNB/USD Market Key levels: Supply levels: $29, […]
Price Analysis – October 29 The breakout at $2.7 will expose the price to the $2.7 and $2.4 resistance level while the breakout at the support level of $2.4 will expose the price to the low of the March at $2.2 and $1.7 support level. Key Levels: Resistance levels: $2.7, $2.9, $3.3 Support levels: $2.4, […]
AUDUSD Price Analysis – October 29 AUDUSD clings to former trading zones aimlessly while gliding into a sideways market towards the 0.7000 level. The current uncertainty surrounding the coronavirus pandemic might continue to lend some support to the greenback’s status as the global reserve currency. Also anticipated RBA interest rates cut in November might hold […]
EURUSD Price Analysis – October 29 The single currency EURO came under pressure towards the 1.1685 level on a fresh wave of risk aversion. EURUSD sheds ground for the fourth consecutive session and managed to stabilize above the 1.1695 level after falling on Thursday amid the ECB monetary policy meeting. Key levelsResistance Levels: 1.2011, 1.1917, […]
GBPJPY Price Analysis – October 28 The GBPJPY cross has come under fresh selling bias during the American session and plunged to 14 days low beneath the 135.00 level. Persistent Brexit-related concerns add to selling bias while keeping the GBP lower forcing investors to take refuge in the safe-haven Japanese yen. Key LevelsResistance levels: 144.95, […]
EURCAD Price Analysis – October 28 The Canadian dollar continues to outperform amongst G10 currencies with EURCAD staying in a sideways market beyond the 1.5550 level. EURCAD is in buyers’ territory and well on its way for prospects of a higher high. However, the Bank of Canada (BoC) policy update should be modestly CAD supportive. […]
XRP/USD Market October 28 An increase in the bears’ pressure will further decrease the XRP price to the $0.23 level, suppose the last-mentioned level does not hold, the price will test the $0.22 which may finally place the price at the $0.21 level. In case the $0.23 holds, the bullish trend may continue and the […]
