USDCHF Price Analysis – June 12 The USDCHF pair ripped out of its daily consolidated range and in the last hour leaped to new session highs, all over the region of 0.9475. The bullish market mood has eroded the Swiss franc safe-haven and has been seen as one of the big drivers that give certain […]
AUDUSD Price Analysis – June 11 Through the mid-European session, the AUDUSD pair retained its heavily supply tone and is seen trading near daily lows, around 0.6915-10 levels. The pairs pullback from high has been sustained towards the 0.6900 level breach, as sellers may now look to further advance the plunge. Key levelsResistance Levels: 0.7205, […]
EURUSD Price Analysis – June 11 In the later part of the week, EURUSD increases slightly, returning to the 1.1380 regions after momentarily exceeding the key barrier at 1.1400 level. The euro has two distinct advantages over the USD attributable to the early success of Europe in defeating coronavirus and the aims of the EU […]
GBPJPY Price Analysis – June 10 GBPJPY declines to level 136.65 within Wednesday’s European session. While doing so, the pair aims to break roughly 60 pips of the trading range established since the previous day’s mid-US session amid slightly risk-averse markets. Similarly, the Japanese foreign minister’s remarks, indicating no border opening with China just yet, […]
USDCHF Price Analysis – June 9 Since the recent North American session, the USDCHF pair plunged to new 10-week depths, amid bears already aiming to somehow extend the weakness beneath the main 0.9500 psychological marks. The safe-haven Swiss franc profited from a marginal weakening in the global risk sentiment – as seen by a weaker […]
EURUSD Price Analysis – June 8 At the early stages of the week regarding last Friday’s modest retracement, EURUSD is battling for trajectory in the 1.1300 regions. The FX pair triggered a reversal lower to the sub-1.1280 level after reaching fresh 3-month highs close to 1.1400 level on Friday where it appears to have reached […]
XAGUSD Price Analysis – June 8 During Monday’s European session, despite taking a U-turn from near-term low, Silver price take offers near $17.22 level, up 1.50 percent on a day. The precious metals sector was projected to decline but it seems to rebound as the star performer among the precious metals complex against the greenback, […]
GBPUSD Price Analysis – June 7 The GBPUSD pair progressed to stabilize in the 1.2660 price area for the seventh day in a row since reaching a daily high level of 1.2731. The pair first became influenced by optimistic US job data but rather stayed bolstered by growing demands for high-yielding securities. Key LevelsResistance Levels: […]
GBPJPY Price Analysis – June 7 The buyers have been driving GBPJPY to its peak after late February 2020 without yielding. The upward pressure stays intact with the spot continuing for a breach beyond the level of 140.00. Amidst some new buying pressure emerging, it becomes worth waiting for some follow-through buying before validating its […]
