EURUSD Price Analysis – October 21 The EURUSD is trending below the horizontal zone at 1.1178 after losing some bullish momentum, earlier in the session the pair had attempted to push past the level at 1.1178 while recording the highest price in 5 weeks. Key Levels Resistance Levels: 1.1450, 1.1280, 1.1210 Support Levels: 1.1114, 1.1000, […]
GBPUSD Price Analysis – October 20 The GBPUSD had closed on Friday above its opening price after recovering from early selling pressure and trending higher for the 4th day consecutively in a row. After failing to reverse from its highs, the FX pair is unstable and due to weekend UK parliament vote on Brexit, with […]
After the UK made it public to exit from the EURO bloc, the market cap for Bitcoin and Gold has increased almost by $133 billion and $1 trillion. Is this the Brexit aftermath? As it is, the end may be near for Brexit. In the recent declaration an accord is reached between the British government […]
EURJPY Price Analysis – October 18 The Euro had gained positively against the Japanese Yen for 7 days in a row after the market confirmed its breakout through the prior sessions following the upward advance to end the week higher. And in the next session, the exchange rate may likely continue to trade in the […]
Headline: The U.K’s Prime Minister Boris Johnson has managed to reach a fresh Brexit deal agreed with the EU, however with it comes new levels of difficulties—the battle to get it approved just as likely risk on its financial effect on the U.K. The pound’s unpredictability on Thursday reflected the vulnerability encompassing the bargain since […]
AUDUSD Price Analysis – October 17 The AUDUSD price is now moving towards a test of the key near-term resistance region around the level at 0.6860, after recovering from the low level at 0.6723 in the prior session. The exchange rate might continue to edge higher until it reaches the formed barrier on the horizontal […]
GBPJPY Price Analysis – October 16 The bulls were in full control today on the GBPJPY, moving the price higher throughout the whole session. Opening above Tuesday’s low on the level at 139.13, the forex pair confirmed its breakout through the prior session high after trading up and above it intraday. Key Levels Resistance […]
The GBPUSD currently as at the time of writing is trading above the 1.28 mark recording the highest price from May. News trending on the Brexit deal has rumors that the DUP is not against the deal while negotiations proceeded in London and Brussels. Meanwhile, Boris Johnson, UK’s Prime Minister is focused on getting the […]
EURUSD Price Analysis – October 14 Despite trading higher for 3 days in a row and closing last week higher on the level at 1.1062, the EURUSD has retraced from its highs in the present session while currently trading on price level at 1.1025. Key Levels Resistance Levels: 1.1412, 1.1280, 1.1109 Support Levels: 1.1000, 1.0962, […]
