Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index is still fluctuating between levels 5750 and 6250. The price has been consolidating near the resistance line without breaking the key level. The price has tested the resistance line as the index continued its range-bound movement below […]
AUDUSD Price Analysis – July 23 AUDUSD upside bias is consolidating as expected after a dramatic surge around 0.7100 levels following today’s intraday pullback. The pair is retaining its positive traction while being supported by the prevalent selling bias around the US dollar and upbeat market mood. Key LevelsResistance Levels: 0.7300, 0.7250, 0.7205Support Levels: 0.7064, […]
EURUSD Price Analysis – July 23 EURUSD’s upward traction stopped from its rise to a level of 1.1600 as the technical view of the pair indicates a correction. The Euro’s advance edges lower on Thursday in early European trading, as increasing U.S./China tensions affect risk sentiment. China is set to respond in retaliation to the […]
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 market is fluctuating between levels of 0.8900 and 0.9100. The bulls have tested level 0.9100 on more than three occasions but without success. The pair is now trading below the resistance. […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: Bullish The AUD/JPY pair is on a sideways trend. The pair has rebounded as the market resumed an upward movement. AUD/JPY is rising and approaching level 77.00. The uptrend will continue if price breaks the resistance at level 76.82. Daily […]
Diversifying your investment portfolio gives you the free reign to put your money wherever you please. You have the option to invest in properties, bonds, and mutual funds to grow your money. Many are also looking into gold investments and direct investments to startups. Yet, there is one area that is also gaining the interest […]
GBPJPY Price Analysis – July 22 GBPJPY is among the highest-rated crosses, as today’s buyers are rallying 40 pips from the open price close to a prior barrier. GBPJPY ranges from 136.35 to 135.28 levels during Wednesday’s initial European session trading into the American session. Key LevelsResistance Levels: 147.95, 139.74, 136.44Support Levels: 134.12, 131.75, 129.29GBPJPY […]
Key Resistance Zones: 5800, 6000, 6200Key Support Zones: 5000, 4800, 4600 France 40 (FR40EUR) Long-term Trends: RangingFrance 40 index is currently in a sideways trend. Since June, the index has been consolidating in the middle of the price range. FR40EUR is not trading in a particular direction. It is presently falling and trading at level […]
XAGUSD Price Analysis – July 22 Following the dramatic rebound seen since the start of the week, during European trading, Silver (XAUUSD) bulls are pricing in prospects for further uptrend. Its technical setup supports buyers to pump XAGUSD beyond $22.50 level. The appetite for a store of wealth strengthens silver which is supported in part […]
