Price Analysis – October 15 The break up at the resistance level of $2.7 will expose the price to the next barrier level at $2.9; further increase in the bulls’ pressure may place the price at the $3.3 price level. The penetration of the demand level at $2.3 will decline the price to $2.2 and […]
The Australian dollar fell broadly today after the RBA hinted at further monetary easing next month. This is also exacerbated by ambiguous job data as well as weaker attitudes towards risk. Now it looks like US policymakers won’t agree to a new stimulus deal ahead of the elections. US stocks have struggled to break record […]
Bitcoin (BTC) traded lower on Thursday, as hopes for an additional round of stimulus measures in the US dwindled, and a resurgence of Coronavirus infections was recorded in Europe and the US, further erasing hopes of a global economic recovery. Meanwhile, the major cause of the recent dip was the strong pick up in the […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingAustralia 200 is fluctuating below level 6200 in the last four months. The resistance level has not been broken since June. Today, price is retesting the resistance level. A downward movement of price is expected. The market has also […]
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 0.9052 and a further downward movement is expected. Daily […]
AUDUSD Price Analysis – October 15 AUDUSD added to its intraday losses and fell to a weekly low below 0.7100 at the start of the European session. Selling pressure around the AUDUSD pair intensified in the American session, knocking rates down to their lowest level in two weeks around 0.7056. The Australian dollar also remains […]
The EUR/AUD trades on a very bullish sentiment in the European session on Thursday, as the AUD continues to suffer several bouts of weakness. Meanwhile, the EUR is also under intense pressure amid several fundamental factors. The economic backlashes of the pandemic continue to ravage the euro, as the Eurozone is now under threat of […]
EURUSD Price Analysis – October 15 The euro currency trends beneath the 1.1725 level against the US dollar, with buyers of EURUSD losing strength. The pair is trading lower at the level of 1.1705 at press time. As the US-German bond yield differentials are growing amid concerns of a lengthy coronavirus-induced recession across the Eurozone, […]
Key HighlightsBCH reaches a new high of $265 A rally to $300 high is likely Bitcoin Cash (BCH) Current StatisticsThe current price: $262.76Market Capitalization: $4,872,969,483Trading Volume: $2,616,481,054Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 15, 2020Since October 13, Bitcoin Cash has been making a series of […]
