USDCHF Price Analysis – November 27 The US dollar has continued its downtrend against the Swiss franc for the 3rd day in a row, extending its downside focus beneath sub 0.9100 level on Friday. The USDCHF stays on the defensive amid risk aversion weighing the dollar against the Swiss franc. Key LevelsResistance Levels: 0.9296, 0.9207, […]
Key HighlightsBCH faces rejection at the $360 resistanceBCH slumps to $256 after rejection. Bitcoin Cash (BCH) Current StatisticsThe current price: $269.66Market Capitalization: $5,011,228,966Trading Volume: $4,688,887,163Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis November 27, 2020Today, BCH is trading at $256 after rejection at the $360 overhead resistance. […]
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 is facing rejection at level 0.6700. On Nov ember 9 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the index is expected to rise […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishSince September, the pound has been falling. On November 13, the selling pressure resumes as the price fell to a low at 0.8890. The pair is making a series of lower highs and lower lows. Today, the price is making […]
Bitcoin (BTC) has suffered an unexpected drop by close to $3,000 over the past few hours. We have compiled a few factors we think precipitated this crash. 1- OKEx resumed facilitating withdrawals today, after an extended period of locking up investors’ funds on the exchange. This halt happened after the founder of the company was […]
EOSUSD Price Analysis – November 26 Further increase of the bears’ momentum may push the price to the low of $2.4 and $2.2 provided the support level of $2.7 does not hold. In case the $2.7 support level holds, the price may reverse and face the resistance levels at $2.9, $3.3, and $3.8. Key Levels: […]
AUDUSD Price Analysis – November 26 The AUDUSD pair is oscillating in a range, past the mid-0.7300 level, and consolidated its recent gains higher during the European session on Thursday. The recent optimism over the COVID-19 vaccine and clarity on the US political front undermines the US dollar’s strength and halts the pair’s decline. Key […]
The EUR/AUD traded on a sideways bias into the early European session Thursday, as volatility across markets spike. All eyes are now on the European Central Bank’s meeting minutes release. Speculators expect an expansion in Quantitative easing, but the extent of the easing is unknown. Also, there are suspicions that the apex bank could opt […]
EURUSD Price Analysis – November 26 EURUSD continues to gain traction for the 3rd day in a row and comfortably breaks past the 1.1920 marks. The pair registered a positive move and gained some follow-through traction on Thursday amid persistent selling pressure surrounding the US dollar. Key LevelsResistance Levels: 1.2150, 1.2011, 1.1920Support Levels: 1.1800, 1.1740, […]
