The GBP grinds lower during today’s session, New Zealand Dollar also lags behind other commodity currencies. The Euro and Swiss Franc, on the other hand, are currently the strongest currencies, followed by the Dollar and the Yen. However, it should be emphasized that the Euro’s rebound is relatively sluggish, and the possibility of a selloff […]
USDCHF Price Analysis – November 23 The USDCHF pair consolidates recent gains above 0.9300, after two days of gains that pushed it over the prior month’s high. The pair rose towards mid-0.9300 thanks to a weaker Swiss franc and a stronger US dollar but then fell to the 0.9301 intraday low zone, erasing the day’s […]
EURCHF Analysis – November 23 EURCHF monthly support is not sufficient to halt the continuous fall in price. There was a temporary accumulation of price above the 1.05400 monthly support, but then price found its way below the level. Further support at 1.05040 was not able to halt the downslide in EURCHF either. The market […]
ADA Price Analysis – November 23 In case the sellers increase their pressure, the support level of $1.64 may be broken downside and the price will be expose to the support level of $1.46 and $1.32. When the support level of $1.64 is defended by the bulls, price may reverse and increase towards the resistance […]
Only a few months after officially adopting Bitcoin (BTC) as legal tender, El Salvador has announced plans to build a “Bitcoin City” with help from Blockstream and Bitfinex. Meanwhile, official sources have revealed that the country could add $500 million more BTC to its holdings. During a week-long BTC conference, President Nayib Bukele announced plans […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair has been in a downward move. The currency price is making a series of lower highs and lower lows. The Pound is falling after rejection from level 1.3500. On November 12 downtrend; a retraced candle body tested the […]
HighlightsSolana is range-bound between the moving averagesSOL/USD has a target price of $251 Solana (SOL) Current StatisticsThe current price: $218.68Market Capitalization: $111,437,601,610Trading Volume: $3,064,439,944Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis November 22, 2021 Solana’s (SOL) price is above the 50-day line but below the 21-day line moving […]
The US dollar continued to rise on Friday after Austria declared a full-fledged national lockdown because of the growing number of Covid-19 cases. Fears that additional virus restrictions across the Eurozone might stymie the recovery propelled the US dollar higher versus the euro, but it was also clear that haven-related buying helped the greenback in […]
EURUSD Price Analysis – November 22 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot […]
