Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD has been in a downward move. The overall trend is bearish but there are bullish signals. A retraced candle body tested the 61.8% Fibonacci retracement level. This indicates that the pair will fall to level 1.618 Fibonacci extensions. That […]
Gold (XAU/USD) climbed modestly in the early European session and was last spotted trading at $1812. The yellow metal found strong support at the $1800 psychological line yesterday, which appears to be stalling any further decline for the commodity. Meanwhile, sustained weakness surrounding the US dollar (DXY) has also extended some support to the dollar-denominated […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index has risen since October 29. A retraced candle body tested the 88.6 Fibonacci retracement level. This implies that the index will rise to level 1.1129 Fibonacci extension level. The price will […]
Key HighlightsLitecoin rallies to the high of $90The crypto may be range-bound between $80 and $90 Litecoin (LTC) Current StatisticsThe current price: $89.20Market Capitalization: $5,900,735,267Trading Volume: $7,953,660,011Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis November 24, 2020Litecoin has continued its rallies as the coin reached a high of […]
Bitcoin (BTC) remains in the business of recording new year-to-date highs, as the cryptocurrency finally crosses the $19,000 benchmark after a slightly-extended waiting period, taking it closer to its $20,000 target. The fresh surge in volatility has triggered immense trading traffic across all BTC markets—especially the Bitcoin futures market. Data from the cryptocurrency market and […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is in an upward move. The pair has risen and it is approaching the overbought region of the market On November 11, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the Kiwi will […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair has resumed upward after falling to the low of level 103.80. The Yen is moving up to retest level 105.50. At the high of level 105.50, a downward move will ensue if the resistance remains unbroken. The […]
USDCHF Price Analysis – November 24 The USDCHF has bounced up strongly from lows at 0.9124 level during the early US session, to register an intraday high at 0.9136 level. On the other hand, the US Dollar Index (DXY) failed to preserve its upward bias and stays in Negative territory. Key LevelsResistance Levels: 0.9362, 0.9241, […]
S&P 500 Price Analysis – November 24 S&P 500 increases with over 32 points, or 0.73% intraday, ahead of Tuesday’s American open. A higher turn by S&P 500 moves to recover past the level at 3600 and may be taken as an upside signal by investors as vaccine hopes favor buyers. Key LevelsResistance Levels: 3700, […]
