Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend. The market is fluctuating between levels 106.00 and 108.00. The price has broken above level 106.00 and resumed an upward move. It is currently facing resistance at level 107.00. Daily Chart Indicators Reading:The 21-day […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is fluctuating between levels 3200 and 3400 since July. These price levels are above the previous range These levels are yet to be broken by traders. Today, price is testing the resistance at level 3400. A […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is range-bound between levels 22000 and 23000. The price is attempting to break the resistance at 23000. The index is likely to reach level 23400 if the resistance is breached. However, since June the market has not […]
The stock market in the US traded on a mixed sentiment on Thursday, as the Nasdaq 100 (NDX) soared while the S&P 500 (SPX) drooped. This occurred even as Apple (NASDAQ: AAPL) hit a record all-time high. Both Apple and Tesla (NASDAQ: TSLA) stock prices witnessed huge gains on the news that the companies were […]
EURJPY Price Analysis – August 14 The European currency’s upside momentum remains intact as EURJPY gathers pace around level 126.00. The persistent weak note in the greenback combined with the Japanese yen’s somewhat steady performance bolsters demand for riskier assets. Key LevelsResistance Levels: 137.49, 128.67, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY Long term Trend: BullishAt present, […]
USDCHF Price Analysis – August 14 USDCHF buyers may strive for a radical shift beyond mid-level 0.9100, as the pair stays on the backfoot with the recent falls at level 0.9092. Despite increased hope for a successful coronavirus vaccine, investors seem to have turned wary ahead of key data releases from the eurozone countries on […]
BNBUSD Price Analysis – August 14 Should daily candle close below the $20 level, then, the sellers will have enough opportunity to sell the coin to the low demand level at $18 and $16. When demand level at $20 continues to hold the price, the bullish trend may continue and the resistance levels may be […]
Key HighlightsLitecoin next target price will be at the $68 highLitecoin will first battle the resistances at level $60 and $65 Litecoin (LTC) Current StatisticsThe current price: $57.07Market Capitalization: $3,722,950,511Trading Volume: $2,867,196,519Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 14, 2020Today, Litecoin rebounded above $54 but it […]
Bitcoin (BTC/USD) remains significantly bullish in an ascending wedge, despite numerous attempts by bears to pull the price down over the past couple of days. In the 4-hour timeframe, we can see that the base of the ascending wedge has been tested several times, but bears have been unable to take the price lower. However, […]
