GBPJPY Price Analysis – April 19 GBPJPY posted a recovery within the near-term ascending channel while raising offers to sub-135.00 levels, up 0.25 percent from its recent lows as of Friday, the pair records lower volatility compared to recent days following the risk-tone situation of coronavirus (COVID-19). Key Levels Resistance Levels: 147.95, 139.18, 135.76 Support […]
EURJPY Price Analysis – April 17 EURJPY stays underneath strong downside tension this week so far in reaction to the soft European currency numbers and safe-haven capital flows lifting the Japanese yen to the lows around the sub-117.00 level of 2020. Key Levels Resistance Levels: 122.87, 121.00, 119.24 Support Levels: 116.12, 115.83, 114.84 EURJPY Long term […]
USDCHF Price Analysis – April 17 During the European session on Friday, USDCHF stays soft at around 0.9660 level into the American session and, in doing so, the pair stays neutral while retaining market action for sellers as well. The early optimism concerning COVID-19 virus treatment proved out to be short-lived after Gilead Sciences issued a […]
AUDUSD Price Analysis – April 16 During the European session, the AUDUSD pair dropped further while testing the low level of 0.6265 into the American session as Australia’s positive labor market data performed poorly to propel the AUD. The Australian Bureau Statistics (ABS) announced that Australia’s jobless rate ripped up to 5.2 percent from 5.1 […]
EURUSD Price Analysis – April 16 This Thursday, the EURUSD pair slid to 1.0852 level, then upwards toward the price zone of 1.0910 level due to the release of crucial US data. The mood of the market remains mixed amid the strength of the USD, depending on the possibility of economic re-opening. However, the economic deadlock end […]
GBPUSD Price Analysis – April 15 Over the early North American session, the GBPUSD pair proceeded to lose position ahead of the level at 1.2700. Sterling tumbles and that’s for positive reasons. Although broad dollar growth is also behind the FX pair decline, following a reversal in stocks. Key Levels Resistance Levels: 1.3514, 1.3172, 1.2725 […]
USDCHF Price Analysis – April 14 In the European session, the greenback selling resurgence increased momentum and pushed the USDCHF pair to new two-week lows around the area of 0.9620-00. In addition to a broad-based USD weakness, the drastic drop defied any obvious fundamental impetus and also appeared somewhat unchanged by a turnaround in global risk sentiment. […]
EURUSD Price Analysis – April 13 EURUSD aims to extend on latest earnings at the start of the week, performing mostly to hold prices beyond 1.0900 level while losing traction ahead of key 1.1000 level towards the backdrop of lean market conditions due to Easter Monday’s break-in many European markets. Key Levels Resistance Levels: 1.1495, 1.1285, […]
GBPUSD Price Analysis – April 12 The GBPUSD pair ended the prior week with gains around the 1.2465 level after peaks in the previous session at 1.2486 level. This represents the several times that this price zone was approached by the pair and was unable to push beyond it while anticipating acceleration above the level at 1.2500. The Sterling has gained […]
