AUDUSD Price Analysis – December 31 AUDUSD continued its rally and hit 0.7742, its highest level in almost 3 years, at the start of Thursday’s session. Underlying bullish sentiment in global equity markets continued to undermine the safe-haven dollar. Key LevelsResistance Levels: 0.8136, 0.8000,0.7800Support Levels: 0.7635, 0.7571, 0.7414AUDUSD Long term Trend: BullishIn a long-term trend, […]
EURUSD Price Analysis – December 31 Buyers of EURUSD are returning to the 1.2300 area at the start of the last day of 2020, however, due to the absence of any new fundamental catalyst, buyers took a short pause and refrained from new heights amid low trading volumes at the end of the year. EURUSD […]
The EUR/AUD continued on a bearish decline in the early European session on Thursday, as the risk-backed Aussie soars amid efforts by the ECB to weaken the Euro. ECB Governing Council Member Oli Rehn reiterated comments made by other ECB members—like President Christine Lagarde, Francois Villeroy de Galhau, and Philip Lane—that ‘jawboned’ the EUR. Comments […]
BNBUSD Price Analysis – December 31 In case the sellers were able to push the price below the support level of $37 and the daily candlestick close below the level, then, the price may decline further to test $31 and $27 support level. Inability to break down the support level of $37, the bullish trend […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi has continued its upward move. The pair fell to level 0.7000 but resumed upward shortly. On the uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The NZD/USD pair will rise to level 1.272 Fibonacci extension […]
Key HighlightsBCH upward move faces another rejection at $380The altcoin falls to $340 and resumes consolidation between $320 and $360 Bitcoin Cash (BCH) Current StatisticsThe current price: $352.23Market Capitalization: $7,392,791,728Trading Volume: $4,712,115,752Major supply zones: $400, $420, $440 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis December 30, 2020On December 28, BCH retested […]
Key HighlightsEther breaks the $660 resistance, reaches the high of $757Ethereum has a target price of $838 Ethereum ETH) Current StatisticsThe current price: $744.23Market Capitalization: $84,886,671,193Trading Volume: $17,074,355,224Major supply zones: $800, $820, $840Major demand zones: $360, $340, $320 Ethereum (ETH) Price Analysis December 30, 2020Ethereum bulls have continued to push on the upside as the […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a sideways move below level 5600. The bulls are yet to break the resistance at level 5600. On December 21, the bulls were repelled as the index dropped to level 5300 and move up. […]
Fresh positive news – support for British Prime Minister Boris Johnson from the Conservative Party. On Tuesday, party officials said the deal “upholds UK sovereignty” and asked the House of Commons to vote in favor of it. The year is not ending as badly as it could. The global stock index MSCI AC World showed […]
