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USD Trades Lower Ahead of November NFP Data

USD Trades Lower Ahead of November NFP Data
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EURJPY Heads Toward 126.00 Levels As Buyers Aim for Monthly Highs

EURJPY Price Analysis – September 11 EURJPY pulls price around 125.58 level, up 0.43 percent daily, towards 126.00 round figure during the European session on Friday. The emerging risk-on sentiment is now raising EURJPY to fresh 3-day highs as ECB kept its monetary policy unaltered. Key LevelsResistance Levels: 127.50, 127.07, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY […]

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USD/JPY Is Trading Marginally, May Reach Level 106.50

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is currently in a sideways move. Since July the Yen has been trading between levels 105.00 and 107.00. The price action is characterized by small body candlesticks called Doji and Spinning top. These candlesticks indicate that the […]

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EUR/GBP Resumes Uptrend, May Break Above Level 0.9250

Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is on an upward move since September 3. The price has broken level 0.9150 and reached a high of level 0.9250. The price reached the overbought region. Sellers may emerge to push prices downward. In the trend […]

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AUD/JPY Rebounds at Level 76.50, Targets Level 83.35

Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is currently trading in an uptrend. On August 31 uptrend, the last retraced candle body tested the 38.2% Fibonacci retracement level. It indicates that the pair will rise and reach the 2.618 Fibonacci extension level. That is, […]

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EURUSD Edges Higher With Positive Gains Around 1.1830/40 Levels Ahead of ECB’s Meeting

EURUSD Price Analysis – September 10 The Euro progresses higher in trading early Thursday, following positive gains around the 1.1830/40 levels hurting pessimistic sentiment in the near term. EURUSD has improved as investors expect the European Central Bank (ECB) to send out a message of confidence. Key LevelsResistance Levels: 1.2011, 1.1965, 1.1916Support Levels: 1.1750, 1.1685, […]

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GBPJPY Trades Near Lows Around the 137.00 Level As Anxiety of No-Deal Brexit Undermines the Pound

GBPJPY Price Analysis – September 9 The GBPJPY pair retained its selling bias into the American session through the mid-European and was last seen trading beneath the low mark of 137.00. Anxieties over Brexit trade negotiations have continued to undermine the pound, which has lost some extra ground. Key LevelsResistance Levels: 147.95, 144.95, 142.71Support Levels: […]

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