Trading Briefs

Trading Briefs

EOSUSD Is Approaching a Potential Bullish Reversal Level

EOSUSD Price Analysis – November 26 Further increase of the bears’ momentum may push the price to the low of $2.4 and $2.2 provided the support level of $2.7 does not hold. In case the $2.7 support level holds, the price may reverse and face the resistance levels at $2.9, $3.3, and $3.8. Key Levels: […]

40 ms

AUDUSD Stays Past Mid 0.7300 Level As COVID-19 Vaccine Optimism Halts Decline

AUDUSD Price Analysis – November 26 The AUDUSD pair is oscillating in a range, past the mid-0.7300 level, and consolidated its recent gains higher during the European session on Thursday. The recent optimism over the COVID-19 vaccine and clarity on the US political front undermines the US dollar’s strength and halts the pair’s decline. Key […]

6 hs

EURUSD Gains Traction for the 3rd Day in a Row, Breaks Past 1.1920 Level on USD Selling

EURUSD Price Analysis – November 26 EURUSD continues to gain traction for the 3rd day in a row and comfortably breaks past the 1.1920 marks. The pair registered a positive move and gained some follow-through traction on Thursday amid persistent selling pressure surrounding the US dollar. Key LevelsResistance Levels: 1.2150, 1.2011, 1.1920Support Levels: 1.1800, 1.1740, […]

8 hs

XRP/USD Pulls Back at Resistance Level of $0.72

XRP/USD Market November 26 After the price retracement, it may resume its bullish trend and the resistance level of $0.79 and $0.88 may be reached. Below the current price, the level is found the support levels at $0.55, $0.44, and $0.39. However, the relative strength index period 14 is at 70 levels bending down to […]

10 hs

GBPJPY Upside Move Capped by 139.74 Barrier As Mild Risk Tone Revives JPY Demand

GBPJPY Price Analysis – November 25 GBPJPY stalls upside move and stays capped by up to two-week highs at 139.74 level, the cross witnessed a modest pullback on Wednesday. The GBPJPY witnessed some selling and dropped to fresh daily lows around 139.00 level. Key LevelsResistance Levels: 142.71, 140.31, 139.74Support Levels: 138.38, 137.50, 134.40GBPJPY Long term […]

1 d

XAGUSD Finds Support in the Vicinity of $23.00 Zone on Mild USD Ease

XAGUSD Price Analysis – November 25 Silver (XAGUSD) extended its rally after a rebound from lows around the vicinity of $23.00 zones during the European session on Wednesday. The dollar is keeping a little milder on the session now as it pares its earlier advance against the shining metal. Key LevelsResistance Levels: $26.00, $24.50, $23.50Support […]

1 d

USDCHF Turns Flat After a Rebound at 0.9124 Level as US Dollar Index Stays in Negative Territory

USDCHF Price Analysis – November 24 The USDCHF has bounced up strongly from lows at 0.9124 level during the early US session, to register an intraday high at 0.9136 level. On the other hand, the US Dollar Index (DXY) failed to preserve its upward bias and stays in Negative territory. Key LevelsResistance Levels: 0.9362, 0.9241, […]

2 ds

S&P 500 Moves to Recover Past the Level at 3600 As Vaccine Hopes Favor Bulls

S&P 500 Price Analysis – November 24 S&P 500 increases with over 32 points, or 0.73% intraday, ahead of Tuesday’s American open. A higher turn by S&P 500 moves to recover past the level at 3600 and may be taken as an upside signal by investors as vaccine hopes favor buyers. Key LevelsResistance Levels: 3700, […]

2 ds

ADA/USD Price: Further Increase of Bulls’ Momentum May Breakup $0.17 Level 

 ADA Price Analysis – November 24  When the price breaks up the $0.17 level upside, then, $0.19 and $0.21 levels will be the next target. In case the resistance level of $0.17 is defended by the bears, there could be a price reversal which may lead to price declination towards support levels of $0.15, $0.13, […]

2 ds

NEO Price: Bullish Breakout at $19 Level May Increase Price to $22 

NEO Price Analysis – November 24  In case the bulls push up the price to penetrate the resistance level of $19, the coin will be exposed to the resistance level of $22 in which it may extend to the $25 price level. Should the $19 resistance level hold; the price may pull back towards the […]

2 ds
Learn 2 Trade Forex News & Strategies

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Author : Michael Fasogbon

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Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.