AUDUSD Price Analysis – December 11 AUDUSD upside rally furthers on its positive fundamentals registering fresh highs at 0.7571 level and continued scaling higher for the third day in a row on Friday. Australia’s key export item has risen to the all-time high as AUDUSD follows suit while reaching a fresh high beyond 0.7500, currently […]
Sterling relented again after the Brussels meeting ended with nothing more than comments that the UK and the EU were still far apart. Meanwhile, the euro is ambiguous as the ECB’s policy is expected to be revised. GBP/USD increased its losses, falling to a fresh bottom of 1.3184, the lowest level since November 18. Sterling […]
BNBUSD Price Analysis – December 11 The ability to break down the support level of $26 will expose the price to $24 and $22. In case the support level of $26 is defended by the bulls, the price may reverse and face the $29. $33, and $37 resistance price level. BNB/USD Market Key levels: Supply […]
Price Analysis – December 11 Further increase in the bears’ pressure will decrease the price to the $2.4 support level; the bearish momentum may extend to $2.1 and $1.5 if $2.4 does not hold the price. However, the resistance levels above the current price can found at $2.7, $3.0, and $3.3. Key Levels: Resistance levels: […]
EURUSD Price Analysis – December 11 EURUSD continues its upward movement with decent gains, approaching the previous daily highs in the area of the 1.2150 level. The pair recorded a high at 1.2143 during the exit of the American session and after all the events at the ECB. The European Central Bank (ECB) has added […]
The Massachusetts Mutual Life Insurance Company, a US-based mutual firm with over five million clients, has become the latest large corporation to allot a significant sum to Bitcoin (BTC). A recent Wall Street Journal report shows that the insurance firm has just purchased $100 million worth of BTC for its general investment account. Massachusetts Mutual […]
Key HighlightsThe bears broke the current price range between $280 and $300 as BCH declinesBitcoin Cash is likely to drop to level $240 Bitcoin Cash (BCH) Current StatisticsThe current price: $267.64Market Capitalization: $4,971,538,250 Trading Volume: $1,613,466,396Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis December 10, 2020Bitcoin Cash has […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is making an upward move. The index reached the high of 0.6700 and was resisted. AU299AUD is presently retracing from the recent high. The uptrend is likely to continue after the retracement. Daily Chart Indicators Reading:The 21-day […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe pound is in a strong uptrend. It has broken the previous resistance levels and it is approaching the high of level 0.9150. The pair is likely to face resistance at level 0.9200. Daily Chart Indicators Reading:The 50-day and 21-day […]
