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GBPUSD Upside Momentum Lose Steam Ahead of 1.2700 Level

GBPUSD Price Analysis – April 15 Over the early North American session, the GBPUSD pair proceeded to lose position ahead of the level at 1.2700. Sterling tumbles and that’s for positive reasons. Although broad dollar growth is also behind the FX pair decline, following a reversal in stocks. Key Levels Resistance Levels: 1.3514, 1.3172, 1.2725 […]

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A Resurgence of Bears on USDCHF to 0.9600 Level at a Time of Renewed Greenback Weakness

USDCHF Price Analysis – April 14 In the European session, the greenback selling resurgence increased momentum and pushed the USDCHF pair to new two-week lows around the area of 0.9620-00. In addition to a broad-based USD weakness, the drastic drop defied any obvious fundamental impetus and also appeared somewhat unchanged by a turnaround in global risk sentiment. […]

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EURUSD Lost Upside Momentum Ahead of Key 1.1000 Level

EURUSD Price Analysis – April 13 EURUSD aims to extend on latest earnings at the start of the week, performing mostly to hold prices beyond 1.0900 level while losing traction ahead of key 1.1000 level towards the backdrop of lean market conditions due to Easter Monday’s break-in many European markets. Key Levels Resistance Levels: 1.1495, 1.1285, […]

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GBPUSD Anticipates Movement Above the Level at 1.2500

GBPUSD Price Analysis – April 12 The GBPUSD pair ended the prior week with gains around the 1.2465 level after peaks in the previous session at 1.2486 level. This represents the several times that this price zone was approached by the pair and was unable to push beyond it while anticipating acceleration above the level at 1.2500. The Sterling has gained […]

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USDCHF Breaks Beneath Ascending Trendline in an Attempt Towards 0.9650 Sub-Level

USDCHF Price Analysis – April 10 After breaking beneath its ascending trendline, USDCHF found some footing around the 0.9650 handles expanding its price action to the crucial level. Although the inactive session of Good Friday restricts the movements of the FX pair, it stays on the back foot around the level at 0.9650. Key Levels Resistance Levels: 1.0027, 0.9902, […]

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