AUDUSD Price Analysis – August 27 During the early European session, the AUDUSD pair shot to through one-week highs, around the 0.7260-65 range, but rapidly crawled back a few pips later on. Although the pair got traction for the third straight day despite being overbought. The traction was supported solely by the predominant selling bias […]
EURUSD Price Analysis – August 27 EURUSD is posting modest gains in the 1.1801-1.1850 region while Thursday’s daily chart is showing that the pair is capped beneath the at 1.1850 but has upside momentum. The calm before the storm is awaiting Fed Chair Powell’s critical Jackson Hole speech. The Fed may adopt a looser policy […]
Gold (XAU/USD) remained in a depressed mood through the early European session and was last spotted trading around the $1939 support. The yellow metal failed to facilitate a strong-follow through momentum from yesterday’s impressive bounce from the $1900 area, two-week low and was met with fresh supply on Thursday. The supply influx was most likely […]
Bitcoin SV Price Analysis – August 27 The coin is facing the support level at $185, in case the bears maintain or increase their momentum, the price may decrease to $179, further increase in the bears’ pressure may push down the price to $134 price level. BSV/USD Market Key Levels: Resistance levels: $198, $217, $237 […]
Key HighlightsBCH is falling as the bulls fail to break the $320 resistanceThere are indications that the coin will reach a low of $260 Bitcoin Cash (BCH) Current StatisticsThe current price: $274.62Market Capitalization: $5,080,638,415Trading Volume: $1,122,580,379Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 27, 2020Since August […]
Forex markets today continue to remain in a rather narrow range, ignoring strong movements in the stock markets. The Yen is generally low, but there are no signs of a breakout so far. Likewise, the dollar is also trying to find a clear direction, remaining the second weakest in a week after the Yen. The […]
Bitcoin continues to show significant weakness as it now hovers near the $11,350 support. Bulls have managed to hold defense at this level since yesterday, with every decline below this level being met with strong dip-buying. Earlier today bears tried to take BTC lower, forcing it down to $11,255. However, there was a sharp pickup […]
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a sideways trend. The index is currently fluctuating between levels 4800 and 5200. The price is now rising toward the resistance level at level 5200. The uptrend will continue if price breaks above the resistance […]
