EURUSD’s Uptrend at Risk Following Price Movement Below the 1.18 Mark
EURUSD Price Analysis – September 21 The continuation of the upside momentum in the EURUSD is at risk following the price movement below the 1.18 mark. The better start of the week in the greenback is forcing EURUSD to recede to fresh 2-day lows in the sub-1.18 area on Monday. Concerns about the second wave […]
Silver Price: XAGUSD Pullback Movement Continues From $26.50 Level
XAGUSD Price Analysis – September 21 XAGUSD pullback movement continues from to $26.50 level during the early European session on Monday. The white metal dropped from $26.96 to $26.45 levels at the start of the day’s trading. The price moved lower after some USD strength earlier in the session and has been moving pretty sideways […]
Bitcoin SV Price May Reverse at Support Level of $153
Bitcoin SV Price Analysis – September 21 The closing of a daily bearish candle below the support level at $153 may push the coin down to the support levels at $134 and $130. Should the support level of $153 holds the price, then, it will bounce and reverse to face the resistance levels at $171, […]
Bitcoin Cash (BCH) Price Analysis: BCH Falls as It Faces Rejection at $240 Resistance
Key HighlightsBCH continues its tight range between $215 and $240The coin may revisit the previous low at $200 Bitcoin Cash (BCH) Current StatisticsThe current price: $227.65Market Capitalization: $4,216,837,665Trading Volume: $2,085,799,595Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis September 21, 2020Since September 3, BCH has remained in consolidation […]
XRP/USD price Is Struggling to Rise Above Big Resistance
XRP/USD Market September 20 The price may decline to retest the support level at $0.22, and if the seller’s pressure increases, the level may be penetrated and reduce to $20 and $17 price level. In case the resistance level of $0.25 is penetrated, the price will be exposed to $27 and $29. Key Levels: Resistance […]
US Wall Street 30 (US30USD) Uptrend Faces Rejection at Level 29000
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishThe index is in an upward move. The uptrend has been terminated at level 29000 but currently retracing to level 28000. The earlier uptrend has been invalidated as the index continues to fall. A bullish trend line […]
FTSE 100 (UKX) Reaches Level 6000, May Resume Downtrend
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingThe market is range bound move since June. The price action is characterized by small body candlesticks. The bears have broken the lower levels of the market. Presently, the index is trading at a lower price range. Daily Chart Indicators Reading:The […]
NZD/USD Faces Rejection at Level 0.6800, Resumes Downward
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in an uptrend but it is facing rejection at the recent high 0.6800. A green retraced candle body tested a 61.8% Fibonacci retracement level. The pair will fall and reach the 1.618 Fibonacci extension level. The Kiwi […]
GBPUSD Flashes Further Bearish Sign, a Steeper Fall Anticipated Beneath 1.2813 Level
GBPUSD Price Analysis – September 20 The GBPUSD pair delayed the weekly rebound, finishing the day in red at around 1.2915 marks. Slight optimism relating to a post-Brexit trade agreement with the EU offered the Sterling with moderate support earlier in the week. GBPUSD sellers, however, are poised for a steeper fall anticipated beneath the […]
GBPJPY Battles to Stay Afloat 135.00 Level Despite Bearish Pull
GBPJPY Price Analysis – September 20 The GBPJPY cross edged lower during the prior trading session and was last seen hovering near lows, just around 135.00 level. A strong pickup in demand for the safe-haven JPY was seen as a key factor exerting pressure. The JPY was further supported by the Bank of Japan’s less […]
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