NEO Price Analysis – October 05 NEO is approaching a potential bullish reversal zone; the rejection of the price at the $16 support level may be a price reversal towards the resistance level of $19, $22, and $25. In case the support level of $16 does not hold, the price may reduce to $14 and […]
Funda ngokugqithisileyoI-AUD / NZD i-spiked kakhulu ukusuka phantsi kwe-1.0600 ngasekupheleni kukaJulayi ukuya phezulu ngaphezu kwe-1.1000 ngo-Agasti. NgoSeptemba, isibini safumana ukubuyiswa okukhulu, okuthumele kwi-0.0717 Septemba ephantsi kwiiveki ezimbini ezedlulileyo. Kuyo yonke iveki yokugqibela, esi sibini siye sakwazi ukubuyisela phezulu kwinqanaba le-1.0850. Nangona kunjalo, izazi ngezoqoqosho eWestpac (i […]
Funda ngokugqithisileyoXRP/USD Market October 05 The closing of the daily bullish candle above the resistance level of $0.25 may increase to $0.27 and $0.29 resistance level. The inability to close above the resistance level of $0.25 may return the price to the bearish movement towards the support levels of $0.22, $0.20, and $0.17. Key Levels: Resistance […]
Funda ngokugqithisileyoEURUSD Price Analysis – October 5 EURUSD is holding at 1.1707, suggesting a reversal of the bearish trend towards the 1.1770 level. Eurozone investor confidence improved more-than-expected in September, according to the latest data released by the research group Sentix on Monday. Key LevelsResistance Levels: 1.2011, 1.1900, 1.1770Support Levels: 1.1685, 1.1495, 1.1350EURUSD Long term Trend: […]
Funda ngokugqithisileyoGold (XAU/USD) etched lower through the Asian session on Monday and renewed its daily lows around $1887. However, it is beginning to show some bullish strength in the early European session. The yellow metal extended its decline from Friday’s eight-day high around $1917. The decline was sparked by the risk-on sentiment across markets, which tends […]
Funda ngokugqithisileyoXAGUSD Price Analysis – October 5 Silver (XAGUSD) price prints a $24.04 intraday high level with 0.50% gains during Monday’s session. Buyers may re-attempt the prior week’s high at $24.40 level for new entries. Traders also resumed accumulating Silver on price correction as safe-haven demand reemerged amidst the second wave of coronavirus outbreak in Europe, […]
Funda ngokugqithisileyoThe coronavirus has spread its claws to the White House. President Trump announced on Friday that he and his wife Melania had contracted COVID-19. As the day went on, the news reported that several of his advisers and employees had also contracted the virus.Avoiding risks is the first step in helping the dollar recover slightly. […]
Funda ngokugqithisileyoKey Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BearishThe index is in an upward move. The uptrend reached a high of level 29200 and was resisted. The index dropped to level 26700 and resumed a fresh uptrend. Daily Chart Indicators Reading:The 21-day and the 50-day […]
Funda ngokugqithisileyoNotably, Bitcoin’s (BTC) volatility has dropped in the past month compared to previous months. The benchmark cryptocurrency has been whipsawing in a $1k range between the $10,000 and $11,000 psychological marks. Last week, BTC struggled to reach the upper level of the range, near $11,000, however, all the efforts by bulls were brought to naught […]
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