XRP/USD Market September 30 In case the bulls gain more strength to break up the dynamic resistance level, the $0.25 price level may not hold and the price will reach the resistance levels at $0.27 and $0.29. The bearish movement will continue if the bulls fail to break up the confluence at the $0.25 level. […]
USDCHF Price Analysis – September 29 USDCHF plunges lower and traded around intraday low at 0.9200 level, currently down 0.54% on a day beneath 0.9200 level, while heading into Tuesday’s American session. The selling pressure on the USD seems to be causing the pair to remain under bearish pressure with the US Dollar Index (DXY) […]
S&P 500 Price Analysis – September 29 S&P 500 declines to 3343 levels, after hitting up to 3374 level intraday high, amid the initial hour of European open on Tuesday. Brexit hopes expectations of US stimulus keep trading sentiment unwavering towards the 3400 levels. Key LevelsResistance Levels: 3522, 3477, 3400Support Levels: 3318, 3210, 3118S&P 500 […]
NEO Price Analysis – September 29 The penetration of the support level of $19 may drive the price to the support level at $16 and $14. The inability to break down the $19 support level may expose the price to the resistance level at $22, $25, and $30. However, the signal line of relative strength […]
EURUSD Price Analysis – September 28 At the start of the week, the single currency is steering in an unclear path, while the bias around the near-term trend of EURUSD remains weak underneath the level of 1.1685. The pair is trading at the level of 1.1654 at press time, having put in a low level […]
XAGUSD Price Analysis – September 28 Silver price is hovering around $23.28 level as markets traded from European to American open for Monday’s trading. The shinning metal earlier surged to $23.50 level but failed to keep the gains. A flight to safety amid growing fears over coronavirus resurgence and its implications on the global economy […]
ADA Price Analysis – September 28 An increase in the price of Cardano is envisaged; the resistance level of $0.11 may be reached, penetrated, and expose the price to $0.13 and $1.15. In case the bullish momentum becomes weak at the $0.11 price level, consolidation may commence. ADA/USD Market Key Levels: Resistance levels: $0.11, $0.13, […]
GBPUSD Price Analysis – September 27 The GBPUSD pair closed for the 3rd day in a row unchanged beneath 1.2800 last Friday, as the Pound found support in Brexit-related headline and the risk-avoidance resurgence of the US dollar. The Pound has lost all of its earlier bounce and is weaker towards the immediate post-pandemic range […]
GBPJPY Price Analysis – September 27 GBPJPY is continuing the rebound off the mid 134.00 level but on slower momentum, to further upside traction towards 135.00 level with caution for aggressive buyers. Hence, any subsequent move up might still be seen as an opportunity for sellers courtesy of the coronavirus resurgence-led new restrictions. Key LevelsResistance […]
