Key HighlightsLitecoin bulls continue its consolidation between $56 and $60The crypto has a target price of $76. Litecoin (LTC) Current StatisticsThe current price: $57.85Market Capitalization: $3,772,892,415Trading Volume: $2,589,546,782Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 11, 2020Today, LTC faces rejection at the $60 resistance as the market […]
Bitcoin SV Price Analysis – August 11 The breakdown of the support level of $217 will open the way for the sellers to push down the price to $179 and $153 price level. Inability to breakdown the level by the sellers will give room for the buyers to increase the price to $259, $311and $364 […]
The dollar strengthened against most of its major competitors, with the EURO, the Australian dollar, and gold being the weakest rivals. The pound was firm, posting moderate intraday gains against its US counterpart. The dollar’s strengthening may be linked to the news over the weekend, which indicates that President Trump has signed four bailout orders. […]
Bitcoin continues to maintain its position just below the $12K mark, following a recent consolidation around the $11,600-800 level. However, we saw BTC attempt to break the $12,100 (2020 high) again yesterday. Despite the bull-run, Bitcoin couldn’t hold this level for more than a few hours before dipping sharply to the $11,500 level. At press […]
Gold (XAU/USD) prices saw a healthy surge in the early North American session today but failed to continue on that path and retraced, erasing all of its daily gains. At press time, gold is trading at $2,022, after recording a daily high of $2,049. Much like the US dollar, the yellow metal appears to not […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The price is fluctuating between levels of 0.8960 and 0.9200. The market is falling as price approaches the support level. The market may resume an upward move after testing the support level. […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is range-bound between levels 12000 and 13000. Today, price is consolidating in the middle of price range. The price bars are characterized by small body indecisive candlesticks. The index is fluctuating horizontally. Daily Chart Indicators Reading:Presently, the […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is fluctuating between levels 1.0700 and 1.0800. Today, the pair is rising above level 1.0750 after a sideways move. A red candle tested the 0.618 Fibonacci retracement level. It indicates that price will rise and reach level 1.618 Fibonacci […]
Gold (XAU/USD) has recovered from its daily low of $2,019 and is now trading around the $2,030 level. The bullish sentiment around the yellow metal remains in play as a fresh US-China squabble over Hong Kong arises. A recent Bloomberg post reports that China is ready to impose sanctions on US officials in a retaliatory […]
