EURJPY Price Analysis – February 14 The consistent delicate tone encompassing the European currency joined with a relentless pace in the Japanese safe-haven, compels EURJPY to exchange inside the proposed sentiment at the level of 119.00 handles. Key Levels Resistance Levels: 123.37, 121.01, 119.66 Support Levels: 118.20, 117.08, 115.83 EURJPY Long term Trend: Bearish In […]
AUDUSD Price Analysis – February 13 The AUDUSD pair sank lower on Thursday and is currently near the lower end of its daily trading range, just above the 0.6700 level. The pair stopped the recent recovery from a low of a decade and on Thursday came under some pressure from sellers amid new fears about […]
GBPJPY Price Analysis – February 12 GBPJPY pair rose Wednesday in the mid-European session into the American session on Wednesday and is as of now close to the week tops, just underneath the level of the round figure of 143.00 level. Without any new (negative) headlines identified with Brexit, the British pound added to the […]
XAUUSD Price Analysis – February 12 Gold is declining for the second session in a row on Wednesday and is currently near the bottom of its weekly trading range, near the levels of $ 1563-67. Risk flows led to a positive increase in US Treasury bond yields, which also played a role in exerting additional […]
USDCHF Price Analysis – February 11 The currency pair has consolidated its recent strong gains and remains in a narrow trading corridor for the second session in a row on Tuesday. Despite the prevailing risk appetite, which tends to undermine demand for alleged safe-haven currencies such as the Swiss franc, the pair struggled to get […]
GBPUSD Price Analysis – February 9 The currency pair fell for the third day in a row, closing the week at 1.2885, the lowest since November last year. The pound surrendered to the demand of the dollar, even though data on the UK provided encouraging signs. Key Levels Resistance Levels: 1.3700, 1.3514, 1.3172 Support Levels: […]
S&P 500 Price Analysis – February 9 The S & P 500 grew for most of the previous week, breaking through to a fresh high and again showing signs of strength. This is especially indicative of how much better the United States is managing its economy because of coronavirus and lack of growth in the […]
EURJPY Price Analysis – February 7 Demand for the safe-haven, Japanese yen is growing after the Chinese government announced that it would halve US import taxes of $ 75 billion. The United States had indicated its willingness to work with China to finally abandon all higher tariffs. The bit-level for sellers is 119.90 level. Key […]
AUDUSD Price Analysis – February 7 The Australian dollar versus the US dollar continues to lose and attack the support area of 0.6700 level in the European session, as the optimistic data report failed to salvage the bulls on the Australian dollar. The tone of market risk also failed to ignore the challenges facing the […]
