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. […]
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EURUSD Price Analysis – October 22 The EURUSD pair exited overbought conditions and is ready to rally while correction sets in towards the 1.1807 regions. EURUSD has been keeping onto earnings arising from stimulus anticipation but foreign meddling in the US elections and increasing COVID-19 incidents may confine any earning. Key LevelsResistance Levels: 1.2150, 1.2011, […]
GBPJPY Price Analysis – October 21 Buying interest in the British pound picks up at the start of the European session as the GBPJPY moves to its weekly range highs around 137.20. The resumption of Brexit negotiations and the prevailing risk environment are undermining the Japanese yen. This arrangement favors buyers and supports further growth […]
EURCAD Price Analysis – October 21 The common European currency has increased by 25 pips or 0.17% against the Canadian Dollar since the days start. The EURCAD is currently trading in a narrow channel formation. Overnight the Canadian dollar weakened against other major curries as investors’ risk appetite improved. Key LevelsResistance Levels: 1.5739, 1.5675, 1.5600Support […]
XRP/USD Market October 21 The breaking up of the $0.25 resistance level will push up the price to resistance levels at $0.25, $0.27, and $0.29. The interruption of the bullish movement by the bears may result in price consolidation. Key Levels: Resistance levels: $0.25, $0.27, $0.29 Support levels: $0.23, $0.22, $0.21 XRP/USD Long-term Trend: Bullish […]
