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 was earlier in a sideways trend as prices make a downward move. The price has already broken below the lower price range. The price action is indicating bullish signals as the pair moves up. On the upside, if price […]
EURUSD Price Analysis – July 27 Earlier on Monday EURUSD reported new 23-month peaks in the 1.1750 area, extending the positive momentum to the present session. The latest progress reached Monday’s new 23-month high as the single currency is also boosted by growing tensions between the US and China dragging greenback to the lowest levels […]
XAGUSD Price Analysis – July 27 Silver (XAUUSD) began a fresh week on Monday with a boom after a quick upside consolidation seen in the weekly closing, rising nearly 5.88 percent over the last hours. XAGUSD bulls are gaining momentum near $25.0 level in the biggest ever advance to the stage. Amid high volatility, silver […]
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 bulls are retesting the resistance line to break above it. The upward move is hampered as the pair continues to face resistance. The price will fall if sellers resume selling. Alternatively, […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingThe pair has continued to trade sideways after being resisted at level 1.0800. EUR/CHF pair drops to level 1.0716 and continues sideways move. The bulls have attempted pushing prices upward but were resisted at level 1.0750. The recent upward and […]
GBPUSD Price Analysis – July 26 In the prior session, the GBPUSD pair spiked to level 1.2803, a recent six-week peak, following the weakness of the relentless dollar and optimistic UK numbers. Until it happens, Brexit-headlines controls the Sterling. There’s increased odds of a no-deal Brexit after the fifth round of talks collapsed last week. […]
GBPJPY Price Analysis – July 26 Since the last session activity ended in red, the latest fresh acceleration lower generates an initial reversal signal. GBPJPY pullback beneath 136.00 level after extensive rallies on demand for safe-haven raise the sentiment for selling to close at 135.72 level. China’s revenge boosted Yen and ordered that the US […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an upward move. The upward move has resumed after breaking the recent resistance at level 0.6567. There is a minor retracement to level 0.6625 but uptrend has resumed to the recent highs. The kiwi is expected […]
EURJPY Price Analysis – July 24 EURJPY is trading at daily lows, beneath level 123.37, since having experienced opposition at level 124.24 in the prior session. While the anti-risk yen attracts bids and drives EURJPY lower in the risk-off mood on global stock markets, EURJPY appears to be wavering only ahead of the June high […]
