GBPJPY Price Analysis – February 19 The GBPJPY cross increased to fresh monthly highs, within the mid-143.00 levels, in response to higher-than-expected UK consumer inflation data. The movement may then set the scene for the expansion of the recent positive momentum of the pair. Key Levels Resistance Levels: 148.66, 147.95, 144.60 Support Levels: 140.83, 135.49, […]
XAUUSD Price Analysis – February 19 The XAUUSD pair advanced to the highest zone after January 8 at $ 1,611.07 level and passed the impressive interval of a fresh seven-year top. Although, due to the improvement in sentiment in the American session, the pair erased part of its prior profits and last traded at $ […]
USDCHF Price Analysis – February 18 The USDCHF pair swiftly regained some 15-20 pips from the lows of the early European session to the American session and is currently in neutral region, slightly past 0.9800 level. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9841 Support Levels: 0.9800, 0.9743, 0.9613 USDCHF Long term Trend: Ranging In a […]
EURUSD Price Analysis – February 17 The EURUSD pair is trading near the Friday multi-year low of 1.0827 level, showing small targets to move in one direction or another, as the daily high was set at 1.0850 level. Insufficient European macroeconomic calendar and US markets during the holidays are behind the lack of trade interests. […]
GBPUSD Price Analysis – February 16 GBPUSD rebounded from the daily low of 1.3000 to complete the previous week without changes near the level of 1.3050 and up during the week. The FX pair held back on recent successes caused by shifts in the UK cabinet that ended with Rishi Sunak becoming the new Chancellor […]
EURJPY Price Analysis – February 14 The consistent delicate tone encompassing the European currency joined with a relentless pace in the Japanese safe-haven, compels EURJPY to exchange inside the proposed sentiment at the level of 119.00 handles. Key Levels Resistance Levels: 123.37, 121.01, 119.66 Support Levels: 118.20, 117.08, 115.83 EURJPY Long term Trend: Bearish In […]
AUDUSD Price Analysis – February 13 The AUDUSD pair sank lower on Thursday and is currently near the lower end of its daily trading range, just above the 0.6700 level. The pair stopped the recent recovery from a low of a decade and on Thursday came under some pressure from sellers amid new fears about […]
GBPJPY Price Analysis – February 12 GBPJPY pair rose Wednesday in the mid-European session into the American session on Wednesday and is as of now close to the week tops, just underneath the level of the round figure of 143.00 level. Without any new (negative) headlines identified with Brexit, the British pound added to the […]
XAUUSD Price Analysis – February 12 Gold is declining for the second session in a row on Wednesday and is currently near the bottom of its weekly trading range, near the levels of $ 1563-67. Risk flows led to a positive increase in US Treasury bond yields, which also played a role in exerting additional […]
