GBPJPY Price Analysis – February 5 Buying sentiment around the British Pound increased slightly during the early European session on Wednesday, while the British Pound rose versus the Japanese Yen beyond the 143.00 level, or near the two-week highs in response to the upbeat UK macroeconomic data. Key Levels Resistance Levels: 148.66, 147.95, 144.60 Support […]
USDCHF Price Analysis – February 4 The Forex pair exited the previous session with small gains and continued to rise towards the 0.9700 level on Tuesday, supported by optimistic market sentiment. At the time of writing, the pair is trading at 0.9692 level, adding 0.32% daily. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9766 Support Levels: […]
EURUSD Price Analysis – February 3 The beginning of the week saw the dollar regain its bullish tone, as it rose against most major currencies on the back of stronger-than-expected US data. At the moment, the market is reversing from the EUR rebound on Friday and testing the horizontal level at 1.1095. Key Levels Resistance […]
GBPUSD Price Analysis – February 2 The GBPUSD pair exited the week with a few points past the 1.3200 level, its highest level in about a month. Its the start of a fresh age, while the focus is now shifting more clearly from the “Brexit deal” to a “business partnership” with the European Union. On […]
EURJPY Price Analysis – January 31 The best tone surrounding the European currency is to keep the rebound in EURJPY to the 120.40 regions, not far from where the initial supply barrier is at the 120.17 level. Key Levels Resistance Levels: 124.31, 123.37, 122.87 Support Levels: 120.17, 119.99, 115.83 EURJPY Long term Trend: Ranging In […]
AUDUSD Price Analysis – January 30 AUDUSD currency pair further declines during the American session on Thursday as the bitter market mood is affecting the sensitive Australian dollar. As of this writing, the pair was trading at its lowest level since late September at 0.6712, as it lost 0.6% daily. Key Levels Resistance Levels: 0.7085, […]
USDWTI Price Analysis – January 30 Recent headlines dip out to support recovery in crude oil prices. At the hour of composing, the West Texas Intermediate barrel was trending at $ 52.22 level, erasing 1.45% daily. WTI crude prices plunged mainly due to concerns about the Coronavirus, and the Energy Information Administration (EIA) said that […]
GBPJPY Price Analysis – January 29 After trendless trading activity in the prior session, the pair met some new supply on Wednesday and was suffering from a host of negative sentiments. GBPJPY held onto its weakest defeat, beneath 142.00 level and stays well within close distance of the three-week lows set in the prior session. […]
USDCHF Price Analysis – January 29 USDCHF challenges gravity in a series of consecutive daily gains within its rise from its lowest on December 31 and this despite the lowest levels in the ten-year Treasury yield since October 9 last year. Markets fear the spread of the Coronavirus and the threat of infection in global […]
