USDCHF Price Analysis – July 28 The USDCHF pair ended Monday’s seventh consecutive day in the negative territory and kept pushing down on Tuesday. USDCHF plunges beneath critical levels as dominant Swiss drags down pair. The pair was down 0.41 percent daily at 0.9156 level as of writing. Combined with the risk-averse climate, the broad-based […]
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 was recently in an upward move. The uptrend has been terminated at level 0.6700 as price makes a downward move. From the Fibonacci tool, the price that terminated at level 1.272 will reverse and return to the 0.786 […]
S&P 500 Price Analysis – July 28 S&P 500 Futures rise 0.35 percent during early Tuesday picking up bids close to 3249 levels. After once again faced rejection at 3250 levels, the S&P 500 has reached a consolidation trading period beyond 3200 levels, anticipating fresh support from US stimulus negotiations, optimism on global stocks, and […]
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 […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is fluctuating between levels 12000 and 13000. The upward move in June was resisted at level 13000. The price plunged to level 12000 and corrected upward. The bulls retested the resistance level in July and the index […]
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 […]
