Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingThe index has been fluctuating between levels 3200 and 3400 since July. The price is making an upward move to the upper range. It has earlier fallen to the lower price range before resuming upward. This has […]
The Nasdaq 100 (NDX) climbed higher on Friday following a two-day sell-off in tech-related stocks, as worries over the ever-increasing number of Coronavirus cases and downtrodden expectations of economic recovery continue to weigh heavily on the S&P 500(SPX) and the Dow futures (DJIA). Wall Street’s top-three indexes rose earlier this week as investors anticipated a […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]
BNBUSD Price Analysis – September 18 An increase in the bears’ pressure may break down the support level at $26 which may drop the price to $24 and $22 support level. In case the support level at $26 holds, consolidation may continue. The coin may face barriers at $30, $35, and $41 resistance level. BNB/USD […]
Key HighlightsLINK price making a series of lower highs and lower lowsThe market may fall to $4 low if the support at $9.50 is breachedChainlink (LINK) Current StatisticsThe current price: $11.01Market Capitalization: $3,853,295,393Trading Volume: $1,244,310,906Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September 18, 2020Since August 15, LINK price […]
The open interest of Bitcoin (BTC) has been observed to be growing once again, indicating that a possible large price movement is brewing. Over the last 24 hours, the cryptocurrency fell by more than 2%from $11,100 to $10,900, where it is currently lingering around. The $11,100 was a much-talked-about level by analysts and it is […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingAustralia 200 is range-bound between levels 5800 and 6200 since May. The index is consolidating in a tight range. Besides, the market is in a tight range. Buyers have tested the resistance line on three occasions to break it. […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is making an upward move. A red candle body tested the 61.8% Fibonacci retracement level. It indicates that EUR/GBP will rise and reach the 1.618 Fibonacci extension level. That is, the pair will reach level 0.9547. Daily […]
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 an uptrend. It was earlier in a downtrend. On August 31 uptrend, the last retraced candle body tested the 38.2% Fibonacci retracement level. It indicates that the pair will rise and reach the […]
