Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is still fluctuating between levels of 1.0720 and 1.0850. The pair fell sharply to the lower price level after testing level 1.0850. Since July, the key levels of the market are yet to be broken. The pair has resumed […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BullishThe Loonie has resumed an upward move. The downward move has been terminated at level 1.300 as price moves up. The uptrend is facing resistance but will resume upside momentum when the resistance is cleared. Daily Chart Indicators Reading:The price […]
XAGUSD Price Analysis – September 9 Silver is expected to extend its sideways move while past the $26.00 range during Wednesday European session. The trend may turn higher again above the $28.90 mark in the next few sessions, but for now, the white metal is feeling the brunt of a stronger US dollar. Key LevelsResistance […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in a downtrend after rejection from level 0.6800. The pair is falling and will likely reach level 0.6600. A downward move to level 0.6400 is likely if the support at level 0.6600 cracks. Daily Chart Indicators Reading:The […]
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 fluctuating between level 105.00 and 107.00. The price is falling after being resisted at the 50-day SMA. The downward move is likely to continue to level 105.00. Since August 1, the bears have not been able […]
USDCHF Price Analysis – September 8 USDCHF soared to level 0.9200 on Tuesday after reaching a multi-week high as trend price shifts higher – the highest level after Aug. 12. The dollar discovered some demand across the market against the majority of the majors as USDCHF moved up approximately 0.30 percent. Key LevelsResistance Levels: 0.9902, […]
EURUSD Price Analysis – September 7 EURUSD holds the selling bias unaltered at the beginning of the week, although it has so far managed well to stay under pressure beyond the 1.18 level as the dollar maintains its resilience, holidays in the US and Canada hold volumes at lows. The good impact of European indexes […]
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. It was after the coin has fallen to a low of 0.8874. A red candle body tested the 61.8% Fibonacci retracement level. The pair is rising and will reach […]
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