XAGUSD Price Analysis – November 23 Silver price rose to $24.39 level, up 0.32% intraday, amid Monday’s trading session. In doing so, the white metal battles the $24.50 barrier as market hopes for fiscal support. XAGUSD trades sharply beneath highs made at the start of the European session but holds onto decent gains on the […]
The US dollar just broke with the previous 3 week lows (yellow line) to retest the 92.00 level in the European trade session. The US Dollar bearish pressure is still heavy at these levels but the true make it or break it level is the 91.75 which is the September 20th lows and the […]
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 EUR/GBP pair has been falling. On November 13, the selling pressure resumes as the price fell to a low at 0.8890. The pound is expected to further depreciate. Daily Chart Indicators Reading:The 50-day and 21-day SMAs are […]
The AUD/NZD traded on positive in the early European session, following the release of positive data from Australia on Friday. The Commonwealth Bank of Australia’s (CBA) released better-than-expected preliminary Manufacturing PMI readings for November. As a result, the Composite PMI saw a decent boost as well. Also, the ASX 200 extended additional support to the […]
Key HighlightsEther rebounds above $470 support, resumes upward Ethereum is in a fresh uptrend, targets the $620 high Ethereum (ETH) Current StatisticsThe current price: $565.32Market Capitalization: $64,184,370,910Trading Volume: $24,563,337,109Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 22, 2020Ethereum makes an impressive bullish run as bulls breach more […]
Markets including equities, gold, and currencies were generally limited in ranging mode last week. News of coronavirus vaccines failed to give the mood another boost. Instead, investors are looking for fresh inspiration. The dollar finished as the worst but remained within the previous week’s range, except for the kiwi. The next weakest positions are the […]
XRP/USD Market November 22 The price may reach the resistance level of $0.28 provided the bulls increase their pressure, in case the mentioned level does not hold the resistance level of $0.33 and $0.36 may be tested. Should the bears exert more pressure, the support level of $0.26 may be penetrated and the support levels […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishUS Wall Street 30 uptrend terminated at level 30000. The downward move has resumed as price fell to the low at level 29232. The selling pressure will persist if the price breaks below level 28800. Daily Chart […]
Despite the relative quietness of the equity markets, the Bitcoin (BTC) market has been very eventful. The benchmark cryptocurrency has gained more than 70% over the past five weeks, while stock indexes like the S&P 500 have only recorded meager gains in the same period. The price dynamics in BTC against other assets have spurred […]
