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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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EUR/CHF Rebounds, Attempts to Retest Level 1.0870

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 […]

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USD/CAD Resumes Uptrend as Price Terminates at Level 1.300

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 […]

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NZD/USD Is in a Downtrend, May Likely Reach Level 0.6600

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 […]

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USD/JPY Resumes Downward Move, May Revisit Level 104.30

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 […]

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