EURJPY Price Analysis – March 13 Increased selling pressures in Japanese currency at the end of the week lift EURJPY near the 119.00 marks. The BOJ liquidity injection and recovery at the early day’s risk have recently been of help to pair. Key Levels Resistance Levels: 123.37, 121.74, 199.66 Support Levels: 118.37, 117.08, 115.83 EURJPY […]
XAUUSD Price Analysis – March 13 Gold promptly returned the fall at the beginning of the Asian session to more than a month low and jumped to new session highs, as buyers return with the goal of significant growth, closer to the $1,600 mark. The latest stimulus from the Fed and market opinion about the […]
Kraken a U.S. crypto-currency exchange includes conventional forex trading, and this takes place to live as from today, 12 March with nine new currency pairs. Users around the world will be able to make direct trade between euro, U.S. dollars, Canadian dollars, Japanese yen, pound sterling, and Swiss francs on the Kraken platform, especially except […]
AUDUSD Price Analysis – March 12 The AUDUSD pair continues to drive lower on Thursday, capitalizing on risk-off flows with the greenback. As of the time of writing, the pair had registered its lowest level at 0.6266 in 11 years, erasing around 3 percent daily. Increased concerns over the spread of coronavirus are triggering a […]
USDWTI Price Analysis – March 12 On Thursday the price of a barrel of oil stabilized, but bulls are hit, as the US petroleum stopped its recovery attempt from a level of $30.21 and crashed almost 7 percent. West Texas Intermediate oil has depreciated from $33.60 to a price level of $30.72, because of the […]
Lately, the European Securities and Markets Authority has introduced leverage restrictions on assets that are traded on brokerage platforms in the EU and the UK. The problem here is that many retail traders cannot afford the large margin requirements necessary to support trading in such conditions of limited leverage. If you decide to trade with […]
GBPJPY Price Analysis – March 11 GBPJPY struggles to carry out the turnaround moves of the previous day while declining to a level of 135.40, down 0.7 percent, during Wednesday’s initial Asian session. Prior market bounce on Monday to current levels eased but revived coronavirus worries (COVID-19) seem to weigh on the risk-tone, traders are […]
USDCHF Price Analysis – March 10 The USDCHF is recovering from a low level of 0.9181 as it is bidding towards 0.9370 level, up 0.83% ahead of the US session on Tuesday. The pair got tips from a signal from global politicians to further stimulate the economy, as well as China’s mitigating barriers for travelers […]
EURUSD Price Analysis – March 9 Overall, the coronavirus headlines are set at EURUSD, ranging from the number of cases, steps to avoid the disease, and fluctuations in correlated assets such as yields. Another increase in buying on EURUSD moved the market past the level of 1.1410/1.1450 for an intraday step to its highest level […]
