AUDUSD Price Analysis – April 2 The AUDUSD has struggled to stay slightly beyond the level of 0.6000 as a positive tone of pausing US equities and dollar bulls, inflating risk-sensitive Aussie, overriding rebound by increasing strength. Right now, on selling bias, the 0.6000 level may still buffer and yet the risk-reward may support a […]
GBPJPY Price Analysis – April 1 The FX cross is presently stalled close to 134.00 sub-levels, for the 4th consecutive day in a row, having attempted to take out the price at 134.72 level. The Pound was under tension because Fitch reduced its UK long-term issuer default ratings to AA- from AA, noting the deterioration […]
USDCHF Price Analysis – March 31 USDCHF holds the U-turn of the prior day, thus bringing circles from the level of 0.9600 towards the mid-level at 0.9696 ahead of Tuesday’s American session. Even though yesterday the Fx pair stabilized sideways but could not resolve certain marked barriers, and thus stays fragile. Key Levels Resistance Levels: 1.0231, 10027, 0.9902 […]
EURUSD Price Analysis – March 30 The market began in a risk-off mood this week with Asian shares declining and European indices following its path. The EURUSD pair trades at daily lows, close to the level of 1.1010, as the dollar is in recovery mode amid collapse at the end of the previous week. Key […]
GBPUSD Price Analysis – March 29 The Sterling was one of the currencies which at the end of the week recovered from USD decline, with GBPUSD hitting a two-week high of 1.2485 level. The greenback is also under stress across the market, as Pound has no incentive to recover, although the pandemic is weighing heavily […]
EURJPY Price Analysis – March 27 EURJPY fell under market pressure and tumbled to sub-118.87 levels at the time of writing. Japan’s anti-risk yen attained significant ground in the US session, driving the cross to session lows near 118.87 level amid the wide-spread vulnerability of the US dollar and the fall in US stock futures. […]
AUDUSD Price Analysis – March 26 The Aussie dollar stays undeterred by the Reserve Bank of Australia’s quantitative easing (QE) plan, as AUDUSD maintains its recovery momentum steady beyond 0.5900. The price is going back to yesterday’s 0.6073-level high, now trading around the 0.5959/65 levels, so far down 0.50 percent. Key Levels Resistance Levels: 0.7031, […]
GBPJPY Price Analysis – March 25 In the last four consecutive trading days, GBPJPY went north, while in today’s session the buying intensity around the British pound grabbed pace even in the last hour and pushed the Fx cross to an almost two-week high, further to the mid-13300s level. Key Levels Resistance Levels: 147.95, 138.68, […]
USDCHF Price Analysis – March 24 As the anti-greenback rally of the market is in the spotlight, USDCHF extends the losses of the prior day to 0.9722 level, down 0.75 percent, during the early hours of trading on Tuesday. After the Fed revealed unprecedented steps to purchase limitless quantities of Treasury bonds and mortgage-backed securities, […]
