Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The pair is fluctuating between level 0.8950 and 0.9100. The price is fluctuating in the middle of the price range. The market is likely to fall after some time. Daily Chart Indicators […]
XAGUSD Price Analysis – August 17 Silver (XAUUSD) consolidates the downside break started in the previous session as the price drops to $25.82 level. A caution flash to buyers implies the spot is primed for additional losses as the pair stays beneath $27.00 mark. Key LevelsResistance Levels: $30.00, $29.27, $28.15Support Levels: $25.00, $23.78, $21.38XAGUSD Long […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD pair is in a sideways move. The price has fallen to the previous support level at level 0.65300. It appears the sideways move, may resume as price moves up. Daily Chart Indicators Reading:The Kiwi has fallen to level 53 […]
GBPUSD Price Analysis – August 16 The GBPUSD pair has ended a second straight week beneath the 1.3100 price level, unable to stimulate growth potential as Sterling is weakened by Brexit talks. A weak dollar was not enough to drive the pair higher, as Sterling’s demand was constrained by fears about the UK’s potential trading […]
GBPJPY Price Analysis – August 16 GBPJPY registered a noticeable upside shift as it hit a two-month high level of 140.20 during last week’s trading exceeding the prior high of 139.62. The GBPJPY cross quickly retreated the intraday high from the prior session to exit at 139.43 level as anti-risk flow supported the JPY safe-haven. […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend. The market is fluctuating between levels 106.00 and 108.00. The price has broken above level 106.00 and resumed an upward move. It is currently facing resistance at level 107.00. Daily Chart Indicators Reading:The 21-day […]
EURJPY Price Analysis – August 14 The European currency’s upside momentum remains intact as EURJPY gathers pace around level 126.00. The persistent weak note in the greenback combined with the Japanese yen’s somewhat steady performance bolsters demand for riskier assets. Key LevelsResistance Levels: 137.49, 128.67, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY Long term Trend: BullishAt present, […]
USDCHF Price Analysis – August 14 USDCHF buyers may strive for a radical shift beyond mid-level 0.9100, as the pair stays on the backfoot with the recent falls at level 0.9092. Despite increased hope for a successful coronavirus vaccine, investors seem to have turned wary ahead of key data releases from the eurozone countries on […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The pair is fluctuating between levels 0.8950 and 0.9100. Since July the key levels have not been broken. The market is currently fluctuating in the middle of price range. Daily Chart Indicators […]
