GBPUSD Price Analysis – July 12 In the preceding session, the GBPUSD pair reached 1.2664 level, unable to exceed its weekly high and pull back to stay at 1.2612 level. The run was the direct consequence of the vulnerability of the wider dollar, as headlines from the UK did not offer the Pound any protection. […]
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 currently in a sideways move since June 10. The index fell to the low of level 26918 and resumed consolidation above the current support. The index has not been trending after […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 has been on a downward move after reaching level 6304.20. The price dropped to level 6040.30 and resumed an upward move. The current support is likely to hold because the market has been retesting level 6000 since June 12. […]
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. The pair is currently trading at $0.6567 and it is likely to rise. A correction candle body tested the 0.786 retracement level. This indicates […]
GBPJPY Price Analysis – July 12 During the prior week, GBPJPY posted a high at 135.92 level, forming a shooting star candlestick and may head for correction beneath mid-level 134.00 – a negative signal may be on track for the pair. Asian stock markets reinforced the tone of the offer around the anti-risk Japanese yen […]
EURJPY Price Analysis – July 10 EURJPY tends to lose the futile effort to enter the range of 122.00, amid rising selling pressure on the back of the Japanese yen’s improve bias. The corrective downside stays under the ascending trendline in the 120.50 regions as the selling bias gets traction. Key LevelsResistance Levels: 124.43, 122.87, […]
USDCHF Price Analysis – July 10 USDCHF is restoring more gains today after flipping 0.20 percent to 0.9431 level after the pair fell beneath the 0.9370 main level in the prior session. Buyers kept on to the gains on through initial North American session, despite failing to capitalize on the change amid concerns over the […]
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. The index is in a tight range consolidating between level 22000 and level 22800. Presently, the market is rising to the previous highs. The price action is characterized by small […]
Key Resistance Levels: 2900, 3000, 3100Key Support Levels: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Price Long-term Trend: BullishThe SHCOMP is currently in an uptrend. The market is seriously in the overbought region. The index is on a downward move and has reached a low of level 3383.322. The downward move may breach the […]
