EURUSD Price Analysis – July 9 The EURUSD pair is currently trading about the same intraday level as the last session, around the 1.1290/1.1350 range, trying to climb back over 1.1350 level. EURUSD is easing prior day’s gain well beneath the 1.1300 level in a context where the risk appetite continues to be preferred among […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe EUR/GBP pair is presently falling after retesting level 0.9000. The downtrend has been ongoing since June 29. The price has broken below the bullish trend line. This is an indication that the selling pressure may continue on the downside. […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is still in an upward move. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the pair will rise and reach a high of level 2.618. The AUD/JPY will first rise to its […]
GBPJPY Price Analysis – July 8 Given the current pullback, GBPJPY has succeeded in posting new advances above 135.00 levels amid bullish market bias while buyers retain the upside tone. The surge from the low level of 131.75 level has sustained a positive trend rising above the moving average of 5 and 13 thus trading […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishThe pair is currently falling but the selling pressure has been exhausted. A green correction candle body tested the 0.786 retracement level. It indicates that the pair is going to fall and reach the low of level 1.272 extension level. […]
Key Resistance Levels: 1.42000, 1.44000, 1.46000Key Support Levels: 1.34000, 1.32000, 1.30000 USD/CAD Price Long-term Trend: RangingThe Loonie is in a downtrend. In June the pair fell to level 1.3300 low and resumed a sideways move. It is fluctuating between levels 1.3400 and 1.3700. These range-bound levels have not been broken since June 8. Today, the […]
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 is facing resistance at level 0.65000. The Kiwi will make a downward move if it fails to break the current resistance. The New Zealand dollar will reach a high of […]
USDCHF Price Analysis – July 7 The US Dollar versus the Swiss Franc is currently trading in a descending channel pattern. The currency pair has declined by 1.45% since last week’s trading sessions. Sellers may aim at the 0.9300 level on negative bias within the following trading sessions. Key levelsResistance Levels: 1.0027, 0.9766, 0.9500Support Levels: […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe pair is currently in a sideways move between the levels of 110 and 108.500. Presently, it is in a tight range between levels 106 and 108. The market has been fluctuating within the tight range. The price is consolidating […]
