EURCAD Price Analysis – September 30 The single European currency has edged lower by 0.45% against the Canadian Dollar since the beginning of the Wednesday session. The currency pair breached lower the 1.5675 level in an attempt to further sideways trading. Given that the exchange rate has breached the boundary, sellers may pressure the EURCAD […]
XRP/USD Market September 30 In case the bulls gain more strength to break up the dynamic resistance level, the $0.25 price level may not hold and the price will reach the resistance levels at $0.27 and $0.29. The bearish movement will continue if the bulls fail to break up the confluence at the $0.25 level. […]
Gold (XAU/USD) etched lower through the early European session on Wednesday and was last spotted trading at the $1885 region. The yellow metal was met with a fresh supply near the $1900 hurdle on Wednesday, which stalled this week’s bullish bounce from the $1849 support. The pullback represented the first bearish move in the past […]
Key HighlightsEther is in a sideways trend for the past five daysPossibly a breakout is imminent Ethereum (ETH) Current StatisticsThe current price: $356.80Market Capitalization: $40,249,317,062Trading Volume: $11,822,143,664Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 30, 2020Following its recent rebound on September 24, Ether has been trading below […]
The dollar is generally falling today, partly due to late-month flows and partly due to a position adjustment ahead of the first one-on-one presidential debate between Donald Trump and Joe Biden. However, the Yen and the Canadian dollar are slightly weaker.On the other hand, the Aussie and Kiwi are gaining momentum for a strong rebound. […]
Bitcoin (BTC) looks poised to resume on its uptrend towards its YTD high around $12,400 and above, because of its strong correlation with gold (XAU/USD). Both assets appear to have developed strong ties since March 2020. Gold and Bitcoin get their fundamental cues for the same source; the global central bank policies in response to […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is range-bound. Presently, the price is in a downward move to break the lower price range. The lower price range in intact as price resumes. In the meantime, it is consolidating between levels 18400 and 21000. Daily […]
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 downward move has been exhausted as the market moves up. The market fell to the low of 0.65116 and resumed upward move. The trend is currently facing minor resistance at level 0.6600. Daily Chart Indicators Reading:The Kiwi has risen […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair was on a downward move. The price fell to the low of 102.27 and resume upward move. The Yen is currently facing resistance at the 21-day SMA. It is likely to rise if price breaks above the […]
