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AUD/NZD Price Analysis — October 19

The AUD/NZD traded through the Monday on a bearish bias, as the pair continued on its descent from last week. The bearishness can be largely attributed to the weakness in the Aussie (AUD) as a result of a recent RBA announcement. The commodity-related currency dropped across the board after RBA Governor Philip Lowe glossed over […]

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EUR/CHF Reaches Bearish Exhaustion, Resumes Uptrend

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a range-bound movement. The pair is now in an upward move from the low of 1.0688. The market has reached bearish exhaustion. The pair will revisit the previous range bound zone. Daily Chart Indicators Reading:The pair is […]

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Gold Price Analysis — October 19

Gold (XAU/USD) climbed higher in the early European session on Monday and was last spotted trading around the $1912 area. A weaker tone around the US dollar (DXY) was seen as the major bolstering factor for the dollar-denominated commodity today. This, coupled with the lingering political tension s in the united states, has extended additional […]

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Bitcoin Cash (BCH) Price Analysis: BCH Struggles Below $250 High, May Reach a New High of $261.50

Key HighlightsBCH trades below $250 resistanceThe crypto targets a new high of $261.50 Bitcoin Cash (BCH) Current Statistics The current price: $248.20 Market Capitalization: $4,603,906,200 Trading Volume: $1,547,235,574 Major supply zones: $325, , $350,$375 Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 19, 2020Since BCH fell to the support at $241, […]

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EUR/GBP Is Still on a Downward Move; a Target Low of 9014 Is Expected

Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe Pound is in a downward move after rejection from level 0.9300. The pair fell to level 0.9100 and resumed downward after retesting level 0.9200. The pound has fallen to level 0.9048 and a further downward movement is expected. Daily […]

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