The dollar maintained positive momentum throughout the first half of the day, continuing to rise to new weekly highs against most of its major peers, although demand for the dollar eased during US trading hours. Consistently high weekly jobless claims in the US put pressure on the dollar. The movement was limited amid a weak […]
EOSUSD Price Analysis – August 24 EOSUSD has reached the previous low at $2.3, should the level holds the price, it will bounce and increase towards the resistance levels at $2.9, $3.3, and $3.8. In case the support level of $2.3 does not hold the price, it will decrease further to the support levels at […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index is range-bound between levels 5800 and 6200 since May. It is consolidating in a tight range. Buyers have tested the resistance line on three occasions to break it. The price has broken below the support line but […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is making a downward move. The pair is currently facing rejection at level 0.92000. A green candle body tested the 50% Fibonacci retracement level. The pair will fall and reach the 2.0 Fibonacci retracement level. That is […]
AUDUSD Price Analysis – September 24 The AUDUSD pair extended its recent pullback from levels beyond the 0.7400 mark and experienced some heavy selling for the 5th day in a row. The downward momentum pushed the pair to two-month lows, beneath the 0.7030 level, and may act as a catalyst for a further near-term depreciating […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishThe AUD/JPY pair is currently trading in a downward move. On September 8 downtrend, a green retraced candle body tested the 50% Fibonacci retracement level. It indicates that the pair will fall and reach the 2.0 Fibonacci extension level. That […]
EURUSD Price Analysis – September 24 The selloff around the single currency stays unhindered while EURUSD dives lower towards fresh 2-month lows in the 1.1645/40 range on Thursday. EURUSD is extending the phase lower for the 5th day in a row amidst the preference of investors for safe-haven reinforcing further the demand for the USD. […]
The European stock markets fell sharply early on Thursday, as investors continue to scramble over fears that a second wave of the deadly Coronavirus in the coming winter in the northern hemisphere could derail an economic recovery. France has joined other European countries in intensifying its restrictions on social gatherings on Wednesday, as infections and […]
Key HighlightsBCH range-bound levels of $200 and $240 are unbrokenThe price revisits the previous lows and pulled back Bitcoin Cash (BCH) Current StatisticsThe current price: $209.45Market Capitalization: $3,880,254,270Trading Volume: $1,310,657,763Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis September 24, 2020There has been no significant price movement at […]
