BTC/USD: Crypto is gaining continously where few days back bitcoin was around 9k but today its more than 18k even if we look at hourly chart then its still going uptrend so resistance will be 18500 for today.
Topic: Market Forecast - page 2. (Read 1346 times)
BTC/USD: Crypto is gaining continously where few days back bitcoin was around 9k but today its more than 18k even if we look at hourly chart then its still going uptrend so resistance will be 18500 for today.
USD/JPY: In an hourly chart US dollar looking for a bid against Yen where it is moving above 104 level so if the price goes higher then the next resistance will be 104.70 but obviously all will be depend on US corona news since they are hoping vaccine this week.
GBP/USD: In an hourly chart GBP looses some prices and it seems to be that the price will go for more downtrend but in a daily chart GBP seems to be more uptrend so if you are long term investor then this pair might be more bullish trend.
Eur/Usd: If we take a look at one day chart then we will see the downtrend for the whole day so if the dollar gets any positive news then Euro might go more downtrend this week where the next support will be the 1.1755 level.
EUR/JPY: In an hourly chart this pair is moving only bullish trend so at the moment when I am writing this it moves around 125 and today gained around 90 pips where next resistance is 125.40 level.
USD/JPY: In a daily chart this pair is showing a sharp uptrend and if the trend goes positive then will cross 106 level within this week and if the trend goes bearish then again will see 104 level.
GBP/USD: On 15 minutes chart this pair is going uptrend only where the previous hour it made a good correction so for the next 15 minutes price will go 1.2970 and the next resistance will be 1.3000.
EUR/USD: In an hourly chart this pair makes some price correction as the previous hour it went to 1.1840 level so the price continues for more correction then will touch below 1.1800 tonight.
ETH/USD: In an hourly chart ETH price is going high only and right now it moves around 480 so investors are hoping to 500 tonight or tomorrow so if the dollar falls a bit then it might go more up.
BTC/USD: Bitcoin price is looking bullish trend from the last day where a few days back it made some price correction but again it moves for uptrend only so if the price continues then the next resistance will be 12700/13200.
XAU/USD: On the Daily chart, these pairs went high at the beginning of the day but now on an hourly chart it losses around 20 pips where the price level is 1970 and a bit less so if the trend goes to bearish then next support will be 1950 or 1938 for tonight.
Eur/Chf: Just on the H4 chart this pair goes too bullish trend where it touched 1.0881 but in the hourly chart it losses some prices so it might be price correction and now at the moment when I am writing its moving at 1.0840 level so if the pair make more correction then support will be 1.0820.
BCH/USD: In an hourly chart this pair is trying to go up but due to last week's heavy jump is trying to make more correction so right now it's looking mostly stable and moving around 300 while next resistance is 315 and 336 level but if price slip then support will be near 290 level.
LTC/USD: In an hourly chart Litecoin is gaining where the price range is around 58 and hoping to 60 at the end of the hour. If we talk about the whole day price movement then this pair is recovering from last days' massive fall so the next day it might go more up as it always made its correction.
ETH/USD: from starting the day Ethereum is trying to fly jump by a slow process so if any positive news comes then it will go more than 400 today but if not then might stay this level for just a bit less price to 370.
BTC/USD: Last week bitcoin jumped heavily from 9k to 12k so seeing that now making price correction that's moving 11550 so if there is no positive news for today then it might go more down where next support will be 11000 and if that cross then 10500.
Ripple has gone down in past few weeks and does not seems to have too much energy to turn things around at all. So overall, it is all very much likely that we will see things happening same away ahead.
LTC has seen mixed bag of trend in past few months with now sticking around 40 mark. It is highly likely that we will witness similar trending ahead too, so for the moment it will be wise to just stick to trading carefully.
ETH is continued to move downside, as we see it around 224 levels, so it is highly likely that we will see it continue that way, so right now only short term trade will be a logical way to go forward to gain.
BTC continues to be around 9k mark, as it could be likely that we might see the push eventually but with a lot of pressure, it might just drop down too, so we need to keep tight risk management with trading on it right now.
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