AUDUSD Price Analysis – January 30 AUDUSD currency pair further declines during the American session on Thursday as the bitter market mood is affecting the sensitive Australian dollar. As of this writing, the pair was trading at its lowest level since late September at 0.6712, as it lost 0.6% daily. Key Levels Resistance Levels: 0.7085, […]
USDWTI Price Analysis – January 30 Recent headlines dip out to support recovery in crude oil prices. At the hour of composing, the West Texas Intermediate barrel was trending at $ 52.22 level, erasing 1.45% daily. WTI crude prices plunged mainly due to concerns about the Coronavirus, and the Energy Information Administration (EIA) said that […]
GBPJPY Price Analysis – January 29 After trendless trading activity in the prior session, the pair met some new supply on Wednesday and was suffering from a host of negative sentiments. GBPJPY held onto its weakest defeat, beneath 142.00 level and stays well within close distance of the three-week lows set in the prior session. […]
USDCHF Price Analysis – January 29 USDCHF challenges gravity in a series of consecutive daily gains within its rise from its lowest on December 31 and this despite the lowest levels in the ten-year Treasury yield since October 9 last year. Markets fear the spread of the Coronavirus and the threat of infection in global […]
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
EURJPY Price Analysis – January 24 The currency pair is losing ground for the second consecutive session on Friday, falling under strong bearish pressure amid negative indicators of the single currency, aggravated after the ECB meeting on Thursday. Key Levels Resistance Levels: 124.31, 123.37, 122.87 Support Levels: 120.67, 119.99, 115.83 EURJPY Long term Trend: Ranging […]
AUDUSD Price Analysis – January 23 The subsequent closing in the prior two days with scanty losses, the FX pair recorded upward momentum in the Asian trading hours and rose to a daily high of 0.6878 level, after which it entered the consolidation stage in the European session. At the time of composing, the pair […]
GBPJPY Price Analysis – January 22 The Fx pair is bullish after the weakening of the Japanese yen and the strengthening of sterling. Although the GBPJPY remains moderately changed, trading around 144.36 level during the Asian session into the European session. The pair struggled between optimistic news and widespread risk aversion of the prior day. […]
XAUUSD Price Analysis – January 22 Gold came up short on a consistent directional inclination and changed between little additions/marginal losses in the European session on Wednesday. Returning to an early plunge in the region of $ 1,550 level, gold is presently near the upper limit of its daily trading range, although it remains beneath […]
