top of page
  • Writer's pictureShivkumar

FX & Crypto Analysis & Market Updates - By Shivkumar


BTC/USD :- The pair may enter a period of consolidation for a few days before starting the next trending move. The pair may remain range-bound between $34,786.04 and $26,000.The sharp fall was aggressively purchased by the bulls as seen and as long as the pair is above $26,737 it will suggest that the sentiment remains positive and the bulls are buying on dips.

ETH/USD :- If the bulls can sustain the price above $1,000, it will increase the prospects for a rally to $1,260 and then to the all-time high at $1,420.If price does not dip below $840 it suggest that traders are bullish may attempt to resume the uptrend. Bearish below $731.

EUR/USD :- Investors await Georgia's special elections that determine control of the Senate. The US dollar picks up bid across the board, as the risk sentiment falters despite a likely Democrat sweep. The pair is trading near 1.23 indicates uptrend exhaustion. Bullish above 1.23.

GBP/USD :- near 1.3628 consolidates the previous day’s gains. Bullish if Upside moves above 1.3645 will have a bumpy road and if crossed target 1.3705 and 1.3710 stands tall to test the GBP/USD strength. Bearish 1.3615 and 1.3550, restrict the short-term downside of the GBP/USD prices. Multiple support around 1.3530-20.

USD/JPY :- Depressed below 103.00.The Sino-American tussle and coronavirus (COVID-19) vaccine seem to direct the quote lower as traders await the key results from Georgian elections that will decide the ruling party for the US Senate.

AUD/USD :- stays depressed near intraday low of 0.7742, currently around 0.7750.Early polls suggest Democratic victory in both Georgia Senate elections. Aussie pair ignores China’s upbeat data as well as initial forecasts of Georgia’s elections.

XAU/USD :- bullish as long as prices are trading above $1,898. Technical charts shows a pull back from the highs.

For More Updates stay connected, Stay Safe. God Bless.

Register for Technical news and market update || Facebook :- ||Instagram :- ||Twitter|| Whats App :- +91-70439-12326

18 views0 comments
Image by Andrew Neel


bottom of page