Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: RangingThe Loonie is in a sideways move in June and July. The market is fluctuating between levels of 1.3500 and 1.3700. The price is falling after facing rejection at level 1.3600. The current price is falling and approaching the low […]
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 in an upward move but was resisted at level 1.0800. The price retraced to level 1.0716 and resumed a sideways move. The pair is fluctuating below the resistance at level 1.0800. For the past week, the pair has […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BearishItaly 40 is in a downward move. It is falling after rejection at level 21000. A correction candle body tested the 0.50 Fibonacci retracement level. It indicates that the index will reach a low of 2.0 extension level. In […]
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. 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 the 1.272 extension level. […]
USDCHF Price Analysis – July 21 Today, USDCHF posts defensively beyond the level of 0.9370. Even though some consolidation is anticipated at this stage, it may not be impossible to rule out a close down beneath. The US dollar stayed on the defensive with fears that the continuing increase in infections with coronavirus may hinder […]
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 still range-bound between levels106.800 and 107.400. The Yen is consolidating in the middle of the price range. The price is trading below the moving averages. There is the tendency of price falling from the recent high. Daily Chart […]
S&P 500 Price Analysis – July 21 S&P 500 rally continues to print a three-day unbeaten run while taking price close to level 3277, up 0.80 percent on a day, during Tuesday’s initial European session. The pair may break higher with a 3300-level focus on the cheered pursuit of more US and European stimulus while […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is in an uptrend. It is currently facing resistance at level 13000. The uptrend will resume once the resistance is breached. However, a correction candle body tested level 0.618 Fibonacci retracement level. It indicates that the index […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BullishThe pair in an upward move but was resisted at level 1.0800. The market retraces to level 1.0720 and resume a fresh uptrend. A correction candle body tested the 0.786 Fibonacci retracement level. It indicates that the pair will rise […]
