BNBUSD Price Analysis – August 21 The breakup of the resistance level at $24 will open the price to the resistance levels at $30 and $35. The inability to penetrate the $24 price level may push down the price to support level at $22 and further declination may lead to $20 and $18 price levels. […]
Key HighlightsLINK may find support above $15 highThe coin will rise and reach another high of $21 Chainlink (LINK) Current StatisticsThe current price: $15.55Market Capitalization: $5,441,297,209Trading Volume: $1,626,841,844Major supply zones: $18.00, $20.00,$22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis August 21, 2020LINK price is making a series of higher highs and higher lows. […]
The Renminbi (also known as RMB, CNY) has appreciated against the US dollar over the past 3 weeks. While the general weakness of the US dollar is a key reason, neutral policy measures by the PBoC’s in recent months have also resulted in a strengthening of the yuan. We expect this phenomenon to continue in […]
Bitcoin got some attention a few days ago after it reached a 2020 high of $12,475. That leg up seemed pretty solid as Bitcoin seemed to stay above $12,000 longer than it had any time this year. However, bears later swung into action, sending the cryptocurrency down by about $1,000 over a few days. The […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Ranging EUR/GBP pair is in a sideways move. It is fluctuating between levels 0.8950 and 0.9100. The price is fluctuating in the middle of the price range. The pair is on a downward move to the lower price range. Daily […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingThe AUD/JPY pair is currently trading in a sideways move between levels 77.50 and 72.50. The price is consolidating in the middle of the price range. The price action is characterized by small body candlesticks called Doji and Spinning tops. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5800 and 6200 since May. Buyers have tested the resistance line on three occasions to break it. The uptrend will resume when the resistance line is breached. Daily Chart Indicators Reading:The 21-day SMA and […]
AUDUSD Price Analysis – August 20 Thus far this Thursday the upside attempts in AUDUSD maintain positive bias beyond the 0.7150 level while buyers tend to find support around the 0.7150 regions, leaving the spot wavering in familiar ranges. Despite renewed optimism on the U.S.-China trade front and a broad-based withdrawal from the U.S. dollar, […]
Gold (XAU/USD) experienced another brutal beating in the early European session on Thursday as the commodity fell to a daily low of $1,926 courtesy of the fresh bull run in the US dollar (DXY). The greenback was met with strong demand across the board following the central bank’s announcement that they planned on scaling back […]
