Key Resistance Zones: 13600, 14000, 14400Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: RangingThe index is fluctuating between levels 12000 and 13000. The upward move in June was resisted at level 13000. The price plunged to level 12000 and corrected upward. The bulls retested the resistance level in July and the index […]
EURUSD Price Analysis – July 27 Earlier on Monday EURUSD reported new 23-month peaks in the 1.1750 area, extending the positive momentum to the present session. The latest progress reached Monday’s new 23-month high as the single currency is also boosted by growing tensions between the US and China dragging greenback to the lowest levels […]
XAGUSD Price Analysis – July 27 Silver (XAUUSD) began a fresh week on Monday with a boom after a quick upside consolidation seen in the weekly closing, rising nearly 5.88 percent over the last hours. XAGUSD bulls are gaining momentum near $25.0 level in the biggest ever advance to the stage. Amid high volatility, silver […]
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 in a sideways move. The bulls are retesting the resistance line to break above it. The upward move is hampered as the pair continues to face resistance. The price will fall if sellers resume selling. Alternatively, […]
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 has continued to trade sideways after being resisted at level 1.0800. EUR/CHF pair drops to level 1.0716 and continues sideways move. The bulls have attempted pushing prices upward but were resisted at level 1.0750. The recent upward and […]
GBPUSD Price Analysis – July 26 In the prior session, the GBPUSD pair spiked to level 1.2803, a recent six-week peak, following the weakness of the relentless dollar and optimistic UK numbers. Until it happens, Brexit-headlines controls the Sterling. There’s increased odds of a no-deal Brexit after the fifth round of talks collapsed last week. […]
GBPJPY Price Analysis – July 26 Since the last session activity ended in red, the latest fresh acceleration lower generates an initial reversal signal. GBPJPY pullback beneath 136.00 level after extensive rallies on demand for safe-haven raise the sentiment for selling to close at 135.72 level. China’s revenge boosted Yen and ordered that the US […]
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 fluctuating between levels 25000 and 27000 since June 10. The index is falling after testing the resistance line twice. The price has not broken the key levels of the price range […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 share has continued to consolidate sideways since June. The previous uptrend has been terminated at level 6500. The index is fluctuating between levels 6000 and 6400. Presently, the market is consolidating in a tight range between levels 6000 and […]
