Key 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 […]
EURJPY 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 […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend as prices make a downward move. The price is falling and approaching the low of level 106.18. At this low, the Japanese Yen is expected to rise. This is because the market has been […]
USDCHF Price Analysis – July 24 USDCHF reveals a low level of around 0.9242 during initial Friday’s European Session. The pair, meanwhile, reduces the early-day losses while taking a low U-turn from several months low. Also as consequence, lows are identified around 0.9181 level in March 2020 will be the guide to the sellers following. […]
AUDUSD Price Analysis – July 23 AUDUSD upside bias is consolidating as expected after a dramatic surge around 0.7100 levels following today’s intraday pullback. The pair is retaining its positive traction while being supported by the prevalent selling bias around the US dollar and upbeat market mood. Key LevelsResistance Levels: 0.7300, 0.7250, 0.7205Support Levels: 0.7064, […]
EURUSD Price Analysis – July 23 EURUSD’s upward traction stopped from its rise to a level of 1.1600 as the technical view of the pair indicates a correction. The Euro’s advance edges lower on Thursday in early European trading, as increasing U.S./China tensions affect risk sentiment. China is set to respond in retaliation to the […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The market is fluctuating between levels of 0.8900 and 0.9100. The bulls have tested level 0.9100 on more than three occasions but without success. The pair is now trading below the resistance. […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: Bullish The AUD/JPY pair is on a sideways trend. The pair has rebounded as the market resumed an upward movement. AUD/JPY is rising and approaching level 77.00. The uptrend will continue if price breaks the resistance at level 76.82. Daily […]
GBPJPY Price Analysis – July 22 GBPJPY is among the highest-rated crosses, as today’s buyers are rallying 40 pips from the open price close to a prior barrier. GBPJPY ranges from 136.35 to 135.28 levels during Wednesday’s initial European session trading into the American session. Key LevelsResistance Levels: 147.95, 139.74, 136.44Support Levels: 134.12, 131.75, 129.29GBPJPY […]
