GBPUSD Price Analysis – June 21 The GBPUSD pair settled down at 1.2342 level for a second straight week, a fraction of pips beyond its monthly low at 1.2320 level. The pair dropped as the Retail Sales was better-than-expected, even though it still indicated a large decline. Although GBPUSD bearish slump may accelerate beneath the […]
Key Resistance Levels: 0.64000, 0.65000, 0.66000Key Support Levels: 0.58000, 0.57000, 0.56000 NZD /USD Long-term Trend: BullishThe Kiwi is in an uptrend as it breaks level 0.62000. A correction candle body tested the 0.786 retracement level. This indicates that the market will reach a high of 1.272 extension level. The Kiwi will rise and reverse at […]
EURJPY Price Analysis – June 19 EURJPY stays beneath level 120.00 through Friday’s early trading hours. The FX pair lately took hints to recall a four-day losing streak from falling risk-tone sentiment. Though the pair strives to rebound from earlier lows in the area of 119.70 and revert to the region of 120.00. Key levelsResistance […]
USDCHF Price Analysis – June 19 USDCHF price bounces back to about 0.9510 level while hitting intraday low at 0.9498 level, only down 0.05 percent on a day, as at early Friday. The pair’s latest decline from the moving average 5 may be traced from an initial pullback. The focus will be on coronavirus statistics. […]
AUDUSD Price Analysis – June 18 AUDUSD drops from 0.6902 intraday high to 0.6837 during trading early Thursday. As such, for the third day in a row, the pair posts 0.40 percent losses on a day whilst still inducing the sellers. As lower Asian stocks weighed, the Australian dollar stays in red, and weak Australia’s […]
EURUSD Price Analysis – June 18 EURUSD has been edging down, trading beneath the level of 1.1257, with US coronavirus concerns outweighing growing numbers. The FX pair broadens the consolidation pattern in the mid part of the week beyond the level of 1.12, thus far. Key LevelsResistance Levels: 1.1495, 1.1422, 1.1320Support Levels: 1.1200, 1.0950, 1.0635EURUSD […]
GBPJPY Price Analysis – June 17 GBPJPY posts low losses of 0.17 percent while falling to a level of 134.72 on Wednesday at the European open. By so doing, the pair depicts the string of losses of two days while extending the pullback from 136.23 level of the prior day. While the UK is providing […]
XAGUSD Price Analysis – June 17 Since moving beyond $17.50 mark in the previous session, the white metal reverses its gains thus finishing the prior day gaining (0.57 percent) upside. In an uninspiring session, XAGUSD’s price has failed to move convincingly beyond the trading range of the day before. Key LevelsResistance Levels: $18.94, $18.20, $17.63Support […]
USDCHF Price Analysis – June 16 The USDCHF pair bounced back across the market from two-day declines amid a US dollar rally, rising back beyond 0.9500 level. It has recently printed a fresh daily high at 0.9523 level and stays close to the top, with a strong buying momentum. Key levelsResistance Levels: 1.0027, 0.9766, 0.9650Support […]
