Gold (XAU/USD) continues fairly bullish into the end of the trading week on Friday following recent market sentiment development. Although the price witnessed a slight retrace in the early hours of the Asian session today, a full reversal seems unlikely considering the absence of any major catalyst. Meanwhile, China has made progress with its clinical […]
AUDUSD Price Analysis – June 11 Through the mid-European session, the AUDUSD pair retained its heavily supply tone and is seen trading near daily lows, around 0.6915-10 levels. The pairs pullback from high has been sustained towards the 0.6900 level breach, as sellers may now look to further advance the plunge. Key levelsResistance Levels: 0.7205, […]
India is officially trying to use blockchain technology to expand its marine sector as it begins to recover from a strong backlash caused by the coronavirus pandemic. Through the publication of World Cargo News through the Indian Ports Community System (PCS), CargoX has integrated blockchain document transfer (BDT) into the country’s maritime sector. PCS is […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is currently in ascending channel. The index is currently facing resistance at level 6200. The price is falling and it is approaching the low of level 5800. The downward move may extend to level 5750. Daily Chart […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is in a sideways move in May and June. The pair is still fluctuating between levels 0.89000 and 0.90000. The market is currently fluctuating upward to reach the upper price range. Presently, price is approaching the overbought […]
Key Resistance Zones: 74.000, 76.000, 78.000Key Support Zones: 66.000, 64.000, 62.000 AUD/JPY Long-term Trend: BearishAUD/JPY is in a downward move. The pair was earlier in a bearish trend. A correction candle tested the 0.786 Fibonacci retracement level. This indicates that the market will rise and reach a high of 1.272 Fibonacci level. The pair is […]
EURUSD Price Analysis – June 11 In the later part of the week, EURUSD increases slightly, returning to the 1.1380 regions after momentarily exceeding the key barrier at 1.1400 level. The euro has two distinct advantages over the USD attributable to the early success of Europe in defeating coronavirus and the aims of the EU […]
Gold (XAU/USD) has shown stability above the $1,730 pivot level in the early European session as bears scramble to reclaim dominance amid resurgent US dollar demand. The yellow metal capped its 3-days bull run at the $1,740 resistance level in the early Asian session on Thursday while a risk-off market sentiment brews and is reinforcing […]
A public Testnet for the much-awaited Shelley Mainnnet is now online, an official statement says. IOHK official Twitter confirmed the news on June 9. Cardano family members will familiarize themselves with features on the Testnet, in preparation of the mainnet, as per the tweet. “Today marks the start of our public Shelley Testnet, a hugely […]
