USDCHF Price Analysis – July 17 In the previous session, the pair established an upside candle that confirmed a price reversal higher from the March high downside of 0.9902 level. Simply put, one might anticipate buyers to attempt the psychological level of 0.95, which might affirm the overall bias once breached. Key LevelsResistance Levels: 1.0027, […]
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 levels106.00 and 108.00. The Yen is consolidating in the middle of the price range. There is no indication of its upward or downward movement of price. The price tends to consolidate […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingAustralia 200 has been in a sideways trend since May. The price is fluctuating between levels 5750 and 6200. Presently, the index has risen to the resistance line and it is in a downward move. Australia 200 will trend […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingThe AUD/JPY pair is on a sideways trend. After the last bearish impulse on June 11, the pair is facing resistance at level 75.00. The market falls each time price tests the resistance zone at level 75.00. A break above […]
AUDUSD Price Analysis – July 16 The Australian dollar eases as risk appetite declines on Thursday but maintains upside bias after attempting to crack the 0.70 barriers earlier on in the day. As Australia’s jobless rate ticked higher in June and full-time employment tanked, the AUDUSD pair is struggling to draw bids. Key LevelsResistance Levels: […]
EURUSD Price Analysis – July 16 EURUSD bulls reached the highest point since March at 1.1452 level before taking a breather beneath. However, it retains much of its momentum in what appears to be an essential and modest downside correction before the next bounce back as potential Markets fundamentals weigh in. Key LevelsResistance Levels: 1.1495, […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bullish The EUR/GBP pair is in an uptrend. The first uptrend was terminated at level 0.90879 and it retraced to level 0.90500. The pair has resumed a fresh uptrend at the current support. A fresh uptrend has resumed and price […]
GBPJPY Price Analysis – July 15 The GBPJPY cross held on to its modest gains through the early European session into American session, albeit has retreated around 20 pips from 135.08 daily high level. On the other hand, the sterling benefitted from Wednesday’s hotter-than-expected UK consumer inflation figures boosting GBP demand. Key LevelsResistance Levels: 147.95, […]
XAGUSD Price Analysis – July 15 The average Silver price was $16.65 level through June’s end. Having dropped dramatically in mid-March, the silver price continued to rally upside, growing by 56 percent to hit $17.84 at the end of June; it has since breached through hurdles towards mid-$19.00 level. Key LevelsResistance Levels: $21.00, $20.50, $19.65Support […]
