Topline: Stocks retraces on gains while Nikkei is almost level Uncertainty rocks the Asian markets in unobtrusive Friday, just as investors looked for clear path amid an uncommon mild news day for the geopolitical arena. While talking in Washington on Thursday, Vice President Mike Pence communicated trust in a first-level trade bargain, and stated that […]
EURJPY Price Analysis – October 25 As at the moment, the EURJPY is trading at 120.48 below its opening price past the horizontal zone on the level at 120.78. The FX pair had changed course from the upper zone of the horizontal level at 121.47 earlier in the week. The market is not exactly with […]
Topline: Mario Draghi is finishing his eight-year term at the European Central Bank toward the month’s end. Nonetheless, his choices generally have set off an uncommon fragility inside the institution. Experts are of the premonition that Draghi will consistently be associated with his “whatever it takes” discourse. His policy will conform to three words — […]
AUDUSD Price Analysis – October 24 The Australian dollar is trading past the prior day’s range, and its current price has decisively moved beyond the previous day’s low in an active session. Its recent downside momentum is as a result of a halt at its advance above the horizontal level at 0.6882, and that may […]
GBPJPY Price Analysis – October 23 The FX pair’s upward advance is solidified after the break of the horizontal level at 140.07 with the high in the prior session reaching the level at 141.12 before breaking below. The low in the present session had reached the level of 139.08. Key Levels Resistance Level: 148.66, 146.57, […]
USDCHF Price Analysis – October 22 In the prior session, the USDCHF currency pair attempted to breach the short-term horizontal zone on the level at 0.9843. During today’s morning, the pair is testing the upper horizontal level formed above the MA 5 and 13 on the level at 0.9892. Key Levels Resistance Levels: 1.0126, 1.0027, […]
The Asian markets are higher today, due to the renewed confidence from news releases on U.S.- China trade negotiations. The U.S. President Donald Trump had declared recently that the accord with China is going along well. As a result, the markets data jumped higher for the Asian market: Hong Kong’s Hang Seng Index HSI, +0.23% […]
The U.S dollar was trading at its lowest period from January 2018 on Monday as discontinuous influxes of positive fundamentals on Brexit gave a boost to the pound to a multi-month high and helped the euro stay abreast of its challenges in October. Albeit Prime Minister Boris Johnson during the weekend was constrained by his […]
EURUSD Price Analysis – October 21 The EURUSD is trending below the horizontal zone at 1.1178 after losing some bullish momentum, earlier in the session the pair had attempted to push past the level at 1.1178 while recording the highest price in 5 weeks. Key Levels Resistance Levels: 1.1450, 1.1280, 1.1210 Support Levels: 1.1114, 1.1000, […]
