EURCHF Price Analysis – September 14 EURCHF bulls press on with their bullish sentiment. The market overturned the decline in price which had ravaged the market for several weeks when it touched down at 1.07200 on the 5th of August 2021. The new rally was initially resisted at 1.03480, but a strong rebound from the […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingSince September 3, GBP/USD is stuck at level 1.3891. The bulls have made three attempts to break the resistance at the recent high but to no avail. On September 3, the currency pair was repelled as it fell to 1.3726 […]
Key Support: 1.2630 Key Resistance: 1.2650 – 1.2750 The USDCAD bounced off the 1.25 level last week creating a nice 247 pip weekly range on a +1.97% bullish run (low to highs). We are looking at a possible USD bullish breakout today which could bring bullish momentum in this market. The 1.2690 to 1.27 level […]
The larger Euro area currencies have a little advantage over the rest, but the Swiss Franc continues to trail behind. With the big rebound in the DOW overnight, followed by a small gain in the Nikkei, the overall market mood is mildly upbeat. For the time being, the AUD is leading commodity currencies to lower, […]
Behemoth digital assets manager MicroStrategy has reportedly acquired 5,050 more BTCs, bringing its total Bitcoin holdings to a jaw-dropping 114,042 coins. The company announced the new development on Monday. MicroStrategy CEO Michael Saylor tweeted that: “Microstrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at an average price of ~$48,099 per bitcoin. […]
USDCHF Price Analysis – September 14 During the early Tuesday session, the USDCHF pair retreated lower but overall has continued to main the prior day’s advance beyond the 0.9200 psychological level. The risk-on scenario harmed the safe-haven CHF, although it stayed resilient despite the rising USD. Key LevelsResistance Levels: 0.9375, 0.9304, 0.9240Support Levels: 0.9200, 0.9150, […]
ADA Price Analysis – September 14 In case bears could not break down $2.3 level, price may reverse and confront the barriers at $2.6, $3.0 and $3.3 resistance levels. Bearish movement may continue towards the support levels at $1.8 and $1.6 provided $2.3 does not hold. ADA/USD Market Key Levels: Resistance levels: $2.6, $3.0, $3.3 […]
AUDJPY Price Analysis – September 13 AUDJPY faces the 80.760 key level as it slips downward. The market began an uptrend after price beat a retreat at the 78.200 support level. The market kept climbing upward till it reached 82.090, at which point the market was knocked down. On its way downward, however, AUDJPY now […]
Bitcoin SV Price Analysis – September 13 When the price break down the support at $147 level, the price may reduce to $110 and $73 price level. Failure to break down the $147 price level may result to further increase in price towards the resistance levels of $193, $233 and $266. Key Levels: Resistance levels: […]
