The stock markets closed on a positive note on Thursday, with the Nasdaq Composite (^IXIC) recording its 32nd all-time high this year above the 11,000 milestone. Stocks found some support after a worse-than-expected first-time jobless claim report and as investors waited on developments in the stalemate between lawmakers over the next round of stimulus packages. […]
EURJPY Price Analysis – August 8 In the prior session, EURJPY’s rally reached new highs near level 125.58. Nevertheless, the step was insufficient and facilitated the existing correction lower to sub-125.00 levels. Given the continuing correction, incremental improvements stay well on the radar and bolstered by the broader risk complex change. Key LevelsResistance Levels: 128.67, […]
USDCHF Price Analysis – August 7 The USDCHF pair is rising on Friday for the second day in a row, moving away from the lowest level it has reached at 0.9050 level in five and a half years. The pair further recovers as buyers search for entry beneath 0.9181 level. The greenback posts mixed results […]
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 was earlier in a downward move but risen to the range-bound zone. The Yen is facing rejection at level 106.00 as price resumes consolidation below the resistance. The earlier downtrend has been terminated as price resumes sideways move. Daily […]
Bitcoin SV Price Analysis – August 07 BSV/USD is targeting the resistance level of $259 in which it may be penetrated in case the bulls increase their momentum. Another significant resistance level ahead can be found at $311 and $364. BSV/USD Market Key Levels: Resistance levels: $259, $311, $364 Support levels: $217, $179, $153 […]
Key HighlightsLitecoin bulls battle the resistance at $60The coin will reach its price at $65 if the resistance is breached Litecoin (LTC) Current StatisticsThe current price: $59.70Market Capitalization: $3,891,374,129Trading Volume: $2,319,180,382Major supply zones: $70, $80, $90Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis August 7, 2020Litecoin is in a sideways move below the […]
Based on today’s performance, it appears as though that Bitcoin (BTC/USD) bulls are starting to lose traction. For the first time since the 21st of July, BTC has recorded a lower high as it struggles to break the $11,860 resistance. Also, it has been observed that more than $4 billion have exited the market in […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index fluctuates between levels 5750 and 6250 since May. The market is fluctuating in the middle of the price range. The price has retested the resistance and support lines twice but yet to break the key levels. Daily […]
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 market is in a choppy price action. The price moves up to retest the 0.9100 resistance and then fall to resume the sideways move. Since May the pair has been in […]
