USDCHF Price Analysis – January 1 The USDCHF pair emerges from multi-year lows today, 1st Jan 2021, with buyers now looking to extend the upward trajectory further beyond the mid 0.8800 marks. Soon a change of guard at the White House will come with economic, geopolitical, and social policy change with impact on the USD. […]
Price Analysis – January 01 Should the bears have enough momentum to break down the support level of $2.4, then, the price will be exposed to the $2.1 and $1.8 support levels. In case the bulls prevail over the bears, the resistance level of $2.7 will be penetrated and the price will increase to $3.0 […]
The past few days have been a very heart-wrenching experience for Ripple (XRP), which has seen the third-largest cryptocurrency shave off close to 60% from its value. Things came crashing for the cryptocurrency following a recent lawsuit by the SEC. In this article, we will be taking a deep dive into the SEC’s lawsuit against […]
AUDUSD Price Analysis – December 31 AUDUSD continued its rally and hit 0.7742, its highest level in almost 3 years, at the start of Thursday’s session. Underlying bullish sentiment in global equity markets continued to undermine the safe-haven dollar. Key LevelsResistance Levels: 0.8136, 0.8000,0.7800Support Levels: 0.7635, 0.7571, 0.7414AUDUSD Long term Trend: BullishIn a long-term trend, […]
EURUSD Price Analysis – December 31 Buyers of EURUSD are returning to the 1.2300 area at the start of the last day of 2020, however, due to the absence of any new fundamental catalyst, buyers took a short pause and refrained from new heights amid low trading volumes at the end of the year. EURUSD […]
BNBUSD Price Analysis – December 31 In case the sellers were able to push the price below the support level of $37 and the daily candlestick close below the level, then, the price may decline further to test $31 and $27 support level. Inability to break down the support level of $37, the bullish trend […]
GBPJPY Price Analysis – December 30 The British pound has staged a strong bounce back against the Japanese Yen, with the pair recovering back above the 140.00 marks. The underlying upside sentiment undermined the safe-haven JPY and remained supportive of the British Pound. Key LevelsResistance Levels: 142.71, 141.21, 140.31Support Levels: 139.47, 138.00, 137.00GBPJPY Long term […]
EURCAD Price Analysis – December 30 EURCAD probes intraday high around 1.5737 level and retreats to 1.5677 level as buyers continue to hold price ahead of 1.5600 level for the 4th day in a row on Wednesday. A modest uptick in oil prices supported the Canadian dollar and added to the selling bias. Meanwhile, a […]
XRP/USD Market December 30 XRPUSD is penetrating the key support level at $0.21 indicate that the coin may decrease further to $0.17 and $0.10. The resistance levels above the current price can be found at $0.28, $0.39, and $0.49. Key Levels: Resistance levels: $0.28, $0.39, $0.49 Support levels: $0.21, $0.17, $0.10 XRP/USD Long-term Trend: Bearish […]
