USD/CHF is trading in the red on the H4 chart and it could drop deeper if the US data will disappoint later today. The pair drops as the DXY has resumed its temporary decline. The US Dollar Index moves down within a down channel. The US is to release its Flash Manufacturing PMI and the […]
S&P 500 Price Analysis – June 23 In the early hours of Wednesday, the S&P 500 picks up bids at 4250, up 0.14 percent intraday. The index continues to stay above mid 4200 levels as upside traction attempts to print new highs towards the 4300 vicinities, implying that a greater surge is yet imminent. Key […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move since March. The currency price was making a series of lower highs and lower lows. The price is correcting upward to reach the previous highs. If price faces rejection at the recent high, […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingAUD/JPY currency pair is in sideways trend below level 85.00. The market fluctuates below level 82.00 and level 85.00. The price action is characterized by small body candlesticks.These candlesticks are indicating that buyers and sellers are undecided about the direction […]
According to local reports, the Iranian police have confiscated 7,000 illegally-operated Bitcoin (BTC) mining devices. The Tehran police chief, General Hossein Rahimi, noted that the machines got abandoned at a mining farm west of the capital. The IRNA, a local media house, added that this seizure of mining rigs is the largest in the history […]
The UK announced on Tuesday that Jonathan Haskel had been reappointed to the Bank of England’s (BoE) Monetary Policy Committee (MPC). Catherine L. Mann was also named to the MPC of the Bank of England. This change does not appear to be affecting the British pound’s performance against its key competitors. The GBP/USD pair was […]
Key HighlightsLitecoin price breaks the previous low at $118The altcoin has resumed a fresh downtrend Litcoin ( LTC) Current StatisticsThe current price: $120.01Market Capitalization: $10,120,049,284Trading Volume: $3,723,978,156Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis June 22, 2021Litecoin’s (LTC) price fell to $107 low and resumed upward. Today, the […]
ADA Price Analysis – June 22 When the sellers increase their pressure, the support level of $0.98 will be penetrated and the support levels of $0.83 and $0.73 may be tested. Inability to break down the $0.98 by the bears may lead to an increase in price to resistance levels at $1.11, $1.31 and $1.46. […]
EUR/USD has increased in the last hour and now is traded at 1.1905 level higher versus 1.1881 today’s low. Surprisingly or not, the USD has dropped even if the US Existing Home Sales indicator has reported better than expected data. The outlook remains bearish in the short term, but EUR/USD could develop a strong rebound […]
