Gold (XAU/USD) continued on a sideways range between the $1,777 and $1,772 price levels into the early European session. The yellow metal failed to take advantage of yesterday’s intraday bounce from a low of $1,757 following the positive US monthly jobs report. The NFP report showed that the US created 4.8 million jobs in June, […]
Read moreUSDCHF Price Analysis – July 3 USDCHF gathers upside traction at about 0.9460 levels, up 0.15 percent a day, going into the European session on Friday. In the meantime, the continuing downturn appeared somewhat uninfluenced by the prevailing rising market mood, which appears to weaken demand for the perceived Swiss franc safe-haven. Key LevelsResistance Levels: […]
Read moreKey Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe Yen fell to level 106 to resume an upward move. The uptrend has been terminated as the market fell to the support of level 107.500. The Yen is making a fresh uptrend to retest the resistance at level 108.000. […]
Read moreFor educational purposes, Blockchain explorer and search engine, Blockchair, has added a privacy score for each Bitcoin Transaction. In a bid to educate users on how to maintain proper privacy and anonymity, Blockchair has added a privacy score for every Bitcoin transaction. The ‘privacy-o-meter’ score ranges from 0 – 100. The closer to 100 a […]
Read moreKey Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is in an ascending channel. The index resumes an upward move after falling to the low of 5824. Presently, it is likely to face resistance at level 6150. The previous uptrend was resisted at level 6150 on […]
Read moreAUDUSD price Analysis – July 2 The AUDUSD pair stayed through the first half of Thursday’s trading activity beyond the 0.6950 marks, although lacking any firm bullish traction. The spike was supported by the prevalent risk-on mood that eroded the US dollar’s safe-haven and gained perceived riskier currencies, including the AUD. Key levelsResistance Levels: 0.7205, […]
Read moreKey Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is in an uptrend. The pair reached the overbought region as sellers emerge to push prices down. The retracement is done as the pair resumes an upward move. The overhead resistance has not been breached since March. […]
Read moreEURUSD Price Analysis – July 2 Since another fall into the region of 1.1183, EURUSD has restored buying interest and has now traded at 1.13 figures past the main barrier. The Euro grew overnight, powered by renewed risk-on sentiment following strong revision of data from ADP employment, stronger than anticipated from US manufacturing PMI and […]
Read moreKey Resistance Zones: 74.000, 76.000, 78.000Key Support Zones: 66.000, 64.000, 62.000 AUD/JPY Long-term Trend: BullishAUD/JPY pair is presently in an uptrend. The pair is rising as it breaks above the EMAs. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the pair will rise and reached level 2.618. However, the pair […]
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