Gold (XAU/USD) continues to trade near its monthly highs around $1933 as speculations over a fresh round of stimulus measures in the US weighs heavily on the greenback. The precious metal fought against the odds and extended its recovery from its monthly low around $1873 despite several risk-boosting events. Analysts have proposed that gold’s decline […]
NEO Price Analysis – October 12 The ability to break up the two dynamic resistance level will place the price at the resistance level of $19, in case the level is penetrated upside, then, NEO will be exposed to the $22 price level, above it is found a significant level of $25. NEO/USD Market Key […]
Key HighlightsBCH rebounds to reach the high of $236The crypto will rise and reach a target price of $262 Bitcoin Cash (BCH) Current StatisticsThe current price: $374.33Market Capitalization: $42,286,793,421Trading Volume: $12,239,205,708Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 12, 2020October 8, BCH rebounded above $222 support […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe Pound is still trading in an uptrend. The pair has been on a downward move after the rejection at the 0.9200 price level. On September 10 uptrend; a retraced red candle body tested the 61.8% Fibonacci retracement level. The […]
The Yen and the dollar ended the week with the worst indicators. Despite all concerns about the coronavirus infection of US President Donald Trump, stimulus negotiations have stalled, with major stocks ending the week with strong gains. The yen is also under pressure from a strong rally in Treasury yields. On the other hand, the […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingThe index is in an upward move but resumes sideways move below level 29000. The uptrend reached a high of 29200 and was resisted. The index dropped to level 26700 to resume a fresh uptrend. Daily Chart […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is in a range bound move since June. The price is consolidating above the lower price range. The price action is characterized by small body candlesticks. The bears have broken the lower levels of the market. Presently, the index […]
XRP/USD Market October 11 XRPUSD is targeting the resistance level at $0.27; above the just mentioned level are $0.29 and $0.33 price levels. Below the current price of the Crypto are $0.25, $0.22, and $0.20 support levels to face should the bears interrupt the bulls and the direction change. Key Levels: Resistance levels: $0.27, $0.29, […]
GBPUSD Price Analysis – October 11 After surging 109 pips on low volume, the GBPUSD pair surged to a 4-week high of 1.3049 level, finishing the week 0.85% higher at 1.3046 level. The Sterling is running on the weakness of the dollar, and while no progress has been made in Brexit negotiations. Key LevelsResistance Levels: […]
