GBPUSD Price Analysis – March 1 The market has experienced recovery from its lowest levels since 2016, while the price is now pushing for a consolidated structural shift. Ultimately, only returning beneath the 1.2500 level could jeopardize the freshly created constructive perspective. In the previous session, GBPUSD plunged from 1.2920 to a low of 1.2725 […]
EURJPY Price Analysis – February 28 In addition to the hysteria surrounding COVID-19, EURJPY is distressed from additional JPY-buying amid increasing global demand for a safe-haven. Against this context, the near-term horizon should not rule out a push to the region of 2020 lows close to the 118.46 level. Key Levels Resistance Levels: 122.87, 121.47, […]
AUDUSD Price Analysis – February 27 The AUDUSD pair capitalized on a large USD weakness, after reaching its lowest price level on Wednesday in over 10 years at 0.6540 level while holding on to recent gains on Thursday, the FX pair rebounded, going up by 0.55% daily and presently at 0.6585 level. Key Levels Resistance […]
GBPJPY Price Analysis – February 26 At the beginning of the European session on Wednesday, the GBPJPY cross weakened below the level of 143.00 and fell to the bottom of its weekly trading. BREXIT and the British pound, which was also fueled by the diverging position of the United Kingdom regarding its future commercial relations […]
USDCHF Price Analysis – February 25 The USDCHF closed with small gains beneath 0.9800 level on the first day of the week and struggled Tuesday to climb past that point. During the decline of the Fx pair beneath the 0.9700 level, the start of the month around 0.9670 level and the bottom of the January […]
EURUSD Price Analysis – February 24 The EURUSD begins the fresh week under pressure with a bearish gap after the weekend reports showed a spike in confirmed cases of coronavirus worldwide, especially in Italy and South Korea. The Fx pair has erased its serious over-sold conditions but was unable to run beyond its current daily […]
GBPUSD Price Analysis – February 23 GBPUSD extended the daily recovery during the previous session and touched a new daily high of 1.2981, as the dollar came under strong selling pressure on disappointing PMI data. Key Levels Resistance Levels: 1.3700, 1.3514, 1.3200 Support Levels: 1.2900, 1.2582, 1.1958 GBPUSD Long term Trend: Bullish In the long-term […]
EURJPY Price Analysis – February 21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
AUDUSD Price Analysis – February 20 The AUDUSD pair added to its intraday decline and fell to new multi-year lows, around 0.6620 regions during the late European session on Thursday, while the price stayed systematic, but the rate of the FX pair’s decline accelerated. Key Levels Resistance Levels: 0.7085, 0.6850, 0.6750 Support Levels: 0.6620,0.6540, 0.6479 […]
