USDCHF Price Analysis – September 8 USDCHF soared to level 0.9200 on Tuesday after reaching a multi-week high as trend price shifts higher – the highest level after Aug. 12. The dollar discovered some demand across the market against the majority of the majors as USDCHF moved up approximately 0.30 percent. Key LevelsResistance Levels: 0.9902, […]
Given the absence of significant economic data, fresh comments from President Donald Trump on the US breaking off reliance on China could cause serious problems for the Nasdaq 100 (NDX), as the Federal Reserve’s monetary policy meeting for September approaches. However, with the incoming US Presidential election, many expected this to be a possibility given […]
S&P 500 Price Analysis – September 8 S&P 500 drops beneath 3400 amid the initial hour of Tuesday’s European session. The S&P 500 trades toward a key barrier around 3477 levels but lost momentum. The risk-barometer portrays the general market conditions amid a lack of major data/events. Key LevelsResistance Levels: 3588, 3522, 3477Support Levels: 3350, […]
ADA Price Analysis – September 08 The price is approaching the $0.08 price level; if the just mentioned level is defended by the bulls, the price may return to face the resistance levels at $0.01, $0.11, and $0.13. In case the bulls could not defend the demand level at $0.08, a decrease in ADA […]
Bitcoin SV Price Analysis – September 08 The ability to break up the two dynamic resistance levels will place the price at $185; a further increase in bulls’ pressure will place the price at the next resistance levels at $198 and $217. BSV/USD Market Key Levels: Resistance levels: $185, $198, $217 Support levels: $153, $134, […]
Key HighlightsLitecoin risks a further downward move if the $45 support cracksThe crypto is expected to reach the previous low of $39 or $41 Litecoin (LTC) Current StatisticsThe current price: $62.07Market Capitalization: $4,056,414,692Trading Volume: $2,551,618,695Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis September 8, 2020Following the bearish impulse […]
With Brexit talks on the agenda today, the European Commission official said in a regular briefing, “We are fully focused on making the most of this week’s round of talks. We share Prime Minister Johnson’s desire to reach an agreement quickly. We will do everything in our power to reach an agreement.” He warned that […]
Today was a slow day across markets as the US markets remain closed to observe the Labor Day holiday. Regardless, there appear to be some technical set-ups emerging around gold (XAU/USD). The yellow metal remained within a narrow trading range throughout the day and was last spotted trading around $1928. Gold has traded in a […]
Bitcoin (BTC) remains in its struggle to stay above the coveted 5-digit level but seems to be losing the battle as it has broken beneath that level several times in the past few days. At the start of the day, Bitcoin exhibited significant weakness as bears sent it as low as $9,880 where it carried […]
