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 Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingUS Wall Street 30 index is fluctuating between levels 25000 and 27000 since June 10. The index is falling after testing the resistance line twice. The price has not broken the key levels of the price range […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 share has continued to consolidate sideways since June. The previous uptrend has been terminated at level 6500. The index is fluctuating between levels 6000 and 6400. Presently, the market is consolidating in a tight range between levels 6000 and […]
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 […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: RangingJapan 225 is still consolidating sideways since June 10. Today, the price is falling to the support level at 22000. The index is presently is on a tight range between the levels of 22000 and 23000. In the meantime, […]
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 […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BearishSHCOMP is in a downtrend after facing resistance at level 3400.000. The index fell to level 3208.333 and resume an upward move to retest level 3400 resistance zone. The downtrend may resume as price approaches the low […]
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 as prices make a downward move. The price is falling and approaching the low of level 106.18. At this low, the Japanese Yen is expected to rise. This is because the market has been […]
USDCHF Price Analysis – July 24 USDCHF reveals a low level of around 0.9242 during initial Friday’s European Session. The pair, meanwhile, reduces the early-day losses while taking a low U-turn from several months low. Also as consequence, lows are identified around 0.9181 level in March 2020 will be the guide to the sellers following. […]
