GBPUSD Price Analysis – July 26 In the prior session, the GBPUSD pair spiked to level 1.2803, a recent six-week peak, following the weakness of the relentless dollar and optimistic UK numbers. Until it happens, Brexit-headlines controls the Sterling. There’s increased odds of a no-deal Brexit after the fifth round of talks collapsed last week. […]
Read moreGBPJPY Price Analysis – July 26 Since the last session activity ended in red, the latest fresh acceleration lower generates an initial reversal signal. GBPJPY pullback beneath 136.00 level after extensive rallies on demand for safe-haven raise the sentiment for selling to close at 135.72 level. China’s revenge boosted Yen and ordered that the US […]
Read moreKey Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingUS Wall Street 30 index is fluctuating between levels 25000 and 27000 since June 10. The index is falling after testing the resistance line twice. The price has not broken the key levels of the price range […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 share has continued to consolidate sideways since June. The previous uptrend has been terminated at level 6500. The index is fluctuating between levels 6000 and 6400. Presently, the market is consolidating in a tight range between levels 6000 and […]
Read moreKey Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an upward move. The upward move has resumed after breaking the recent resistance at level 0.6567. There is a minor retracement to level 0.6625 but uptrend has resumed to the recent highs. The kiwi is expected […]
Read moreThe yen and Swiss franc are trading at their strongest to date as equity markets weaken on escalating tensions between the US and China. Although negative sentiment in Europe was partially offset by much stronger than expected PMIs in the Eurozone and the UK. There are signs of V recovery, although the development will largely […]
Read moreKey Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is still consolidating sideways since June 10. Today, the price is falling to the support level at 22000. The index is presently is on a tight range between the levels of 22000 and 23000. In the meantime, […]
Read moreBarely three days after the Nasdaq 100 (NDX) biggest surge since April, most of those gains have been erased and warnings that tech stocks are in a bubble are getting louder. Wall Street veteran, Ned Davis, lent a voice to the increasing worries over the bubble, citing the rate at which the index was advancing […]
Read moreEURJPY Price Analysis – July 24 EURJPY is trading at daily lows, beneath level 123.37, since having experienced opposition at level 124.24 in the prior session. While the anti-risk yen attracts bids and drives EURJPY lower in the risk-off mood on global stock markets, EURJPY appears to be wavering only ahead of the June high […]
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