Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingUSD/JPY pair is currently in a sideways move between the levels of 110 and 106. The pair has fallen to level 106.573 and resumed upward. The price corrected to level 107.553 and resumed are sideways move. Given this correction, the […]
Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trends: BullishThe index is in an uptrend. The index rose to level 13000 and was resisted. Germany 30 retraced to level 11757 and resumed consolidation. A candle body tested 0.61 Fibonacci retracement level. This indicates that the pair will rise […]
EURUSD Price Analysis – June 15 EURUSD is looking to stabilize above the 1.1226 marks against the backdrop of the recent move lower from monthly tops beyond the 1.1400 level. The pair has maintained a positive tone amid the earlier anticipated weakness towards the level at 1.1226. The growing sense of normality in Europe is […]
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 an uptrend. However, the upward move has been terminated at a high of level 1.0850. The market has fallen to level 1.06559. A correction candle body tested 0.786 Fibonacci Retracement level. This indicates that the […]
XAGUSD Price Analysis – June 15 Silver shorts reported a loss of 2.0 percent early through Monday’s European session after a recent rally to mid-$18.00. XAGUSD is trading at a level of $17.23, with its price down from Friday’s close against the USD. Resurgent fears about the third wave of coronavirus infection are anticipated to […]
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 trading in a sideways trend. The pair has risen and it is testing level 0.90000 which is the upper price range. However, since May, price has been reversing after testing the upper price range. The pair […]
GBPUSD Price Analysis – June 14 GBPUSD appears lower as sellers ride the pair down, after a higher-level turnaround that tends to have discovered a high at the level of 1.2812. And once the mood of global risk shifts south further, cable with the UK gets entrenched in the middle of the economic recession. Key […]
GBPJPY Price Analysis – June 14 GBPJPY increases its downward trend from 140.00 area through one-week lows at 133.79 levels after the pullback attempt failed at 135.00 level. Market volatility is strengthening the yen against a weak GBP even as sterling is weakening from Brexit anxieties and negative interest rate sentiment. Key levelsResistance Levels: 147.95, […]
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 in an uptrend. The index rose to the high of level 27583. At the recent high the index fell to level 25000 low. A correction candle body tested the Fibonacci 0.618 […]
