EURUSD Price Analysis – June 22 The EURUSD pair is exchanging a bunch of pips beyond the 1.1200 level, barely higher daily. Currencies are in a wait-and-see position amid a meager macroeconomic calendar and minor action in the stock markets. Even though EURUSD is now looking to expand the recovery even farther north of the […]
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move. The uptrend has been terminated as the market drops to level 1.06559. A correction candle body is testing the 0.786 Fibonacci retracement level. It indicates that the market will reach a low […]
XAGUSD Price Analysis – June 22 Silver (XAG) has charted a drastic shift as buyers take price further with the market sentiment reflecting a diminishing of fear among investors. Price recovered from the $17.63 range level and maybe hitting the previous highs this week, but traders should not expect a continuous run with some parts […]
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 has resumed an upward movement. A bullish trend line is drawn which indicates the support levels of price. The market has risen and reached level 0.90728. The price is falling as it faces resistance at 0.90728. The […]
GBPUSD Price Analysis – June 21 The GBPUSD pair settled down at 1.2342 level for a second straight week, a fraction of pips beyond its monthly low at 1.2320 level. The pair dropped as the Retail Sales was better-than-expected, even though it still indicated a large decline. Although GBPUSD bearish slump may accelerate beneath the […]
GBPJPY Price Analysis – June 21 In the last session, the GBPJPY cross lost some extra ground and slipped to new monthly lows while staying beneath the 132.00 level. The collapse was supported by the strongly offered tone encircling the British pound which accompanied the last session’s policy decision by the Bank of England (BoE). […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 index is currently falling after reaching the overbought region. The index rose to a high of 27583 and was resisted. A correction candle body tested the Fibonacci 0.618 retracement level. It indicates that […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX is currently in an uptrend. The index reached a high of level 6490 and was repelled. The market fell to level 6000 and resumed a fresh uptrend. The price is rising and approaching level 6292 at the time of writing. […]
Key Resistance Levels: 0.64000, 0.65000, 0.66000Key Support Levels: 0.58000, 0.57000, 0.56000 NZD /USD Long-term Trend: BullishThe Kiwi is in an uptrend as it breaks level 0.62000. 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 […]
