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 Kiwi rose to level 0.6600 and was resisted. This will be the second time the pair will be testing the resistance at level 0.6600. The first time the resistance was tested the […]
USDCHF Price Analysis – July 14 During the early European session, the USDCHF pair bounced over 30 pips from daily swing lows and renewed daily highs, around the 0.9424 marks, before posting lower to 0.9389 level. The perceived safe-haven Swiss franc was weakened by the prevalent risk-on mood and was considered one of the key […]
S&P 500 Price Analysis – July 14 S&P 500 consolidate the prior session losses around 3170 levels, up 0.33% on a day, during the initial hour of the EUROPEAN open on Tuesday after plunging from a one-month high level at 3235.8 level. The US equity derivative surged to the highest since June 10 in the […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingThe pair is currently in a sideways trend between levels106 and 108.00. The Yen is rising after reaching the low of 106.636. The upward move is likely to reach level 108. Since June 10, level 108 has not been broken. […]
EURUSD Price Analysis – July 13 EURUSD lengthens the recovery from the lows near 1.1257 level of Friday and accumulates ground on Monday around 1.1335/55 band. Fears about the second wave of coronavirus diseases have taken its toll on the global context of risk and driven some haven flows toward the USD. Key LevelsResistance Levels: […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: BullishThe index is in an uptrend. It has reached the resistance zone of level 13000. On June 8, the index reached the resistance zone and was repelled. It dropped to level 11757 and resumed a fresh upward move. The […]
XAGUSD Price Analysis – July 13 After the beginning of July, Silver has been appreciating against the US Dollar within a growing trend that is now beyond the level of $19.00 in view. XAGUSD retains a healthy upside impact while it has recently marginally pulled back to $18.50 level. Key LevelsResistance Levels: $20.50, $19.65, $19.17Support […]
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 is currently falling but the selling pressure has been exhausted. A green correction candle body tested the 0.786 retracement level. It indicates that the pair is going to fall and reach the low of level 1.272 extension level. […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is presently rising after retesting level 0.8950. The uptrend has continued as price reached the high of level 0.8967. According to Fibonacci tool, the current trend will rise and reach the high of level 0.8988. Daily Chart […]
