Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD resumes upward move but faces resistance at level 0.6800. A green candle body tested the 61.8% Fibonacci retracement. It indicates that Kiwi will fall and reach a low of 1.618 Fibonacci extension level. That is the low of a […]
USDCHF Price Analysis – October 6 The selling pressure surrounding the greenback at the start of the week seems to be causing USDCHF to stay under selling pressure. USDCHF downside momentum attacks 0.9133 level during the American session on Tuesday. In doing so, the pair alternates near retracement of late-September as US Dollar Index (DXY) […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is currently in a sideways move. Since July the Yen has been trading between levels 105.00 and 107.00. Presently, the pair is rising to level 107. On September 21, the Yen fell to level 104 and resumed […]
S&P 500 Price Analysis – October 6 During Tuesday’s American session, S&P 500 alternates around 3400 marks, down 0.07 percent intraday. In doing so, the risk barometer separates paths from the upbeat output of Monday that analyzed the highs of mid-September. The speech of Fed Chair Powell, Trump’s update to COVID-19 to decide subsequently. Key […]
The US stock index futures traded in a subdued manner on Tuesday as investors carted away profits from the rally that sent the Nasdaq 100 (NDX) to a fresh weekly high. The rally also sent the S&P 500 (SPX) and Dow (DJIA) to fresh 2-week highs, as the markets waited on a fiscal stimulus agreement. […]
ADA Price Analysis – October 06 Should the bulls gather enough pressure to break up and close above the resistance level at $0.10; the resistance levels of $0.11 and $0.13 may be reached. The inability to break up the resistance at $0.10 may lead to further consolidation or price reduction to the support levels at […]
Key HighlightsLitecoin is rising and may reach the target price of $48LTC is facing initial resistance at $47 Litecoin (LTC) Current StatisticsThe current price: $46.51Market Capitalization: $3,051,317,298Trading Volume: $2,539,552,686Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin Reopens Mimblewimble Testnet as Europol Targets Privacy ProtocolsLitecoin (LTC) reopens its MimbleWimble testnet which is […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12400 and 13400. Buyers face rejection at level 13450. The index has been fluctuating for over three months. The index has plunged to the lower price range. Daily Chart Indicators Reading:Presently, the SMAs […]
Risk Appetite topped this Monday after a busy weekend as news feeds flooded headlines related to Trump’s health. Ahead of Wall Street’s closure, the US president announced that he would leave the hospital the same day, as he felt “20 years younger.” Trump received a series of experimental drugs and, of course, was looked after […]
