GBPJPY Price Analysis – August 12 On Wednesday the GBPJPY pair advanced higher for the 3rd day in a row and was last seen trading just beneath mid-139.00s – the highest level since June 8. The Yen is known for its safe-haven qualities and the pound is a questionable bid in the face of worsening […]
XAGUSD Price Analysis – August 12 Silver prices remain under pressure after bouncing down from $23.44 to $26.28 levels, up 3.5 percent a day, during Wednesday’s European session. The price bounce on XAGUSD loses momentum close to $26.50 level. The price of the precious metal dropped sharply as investors made profits in a bond yield […]
XRP Weekly Price Analysis – August 12 Further increase in bears’ pressure may decline XRP price to $0.24 and this may extend to $0.20 and $0.17. In case the bulls oppose the price declination at $0.24 support level, it may reverse and increase to target the resistance levels at $0.29, $0.33 and $0.36. XRP/USD Market […]
USDCHF Price Analysis – August 11 Given its recent rebound near a 5.5-year low of 0.9050 level, USDCHF continues to retain negative effect beneath the declining moving averages 5 and 13. If buying interest picks up, then in the next session we can see the pair trend higher. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: […]
S&P 500 Price Analysis – August 11 S&P 500 Futures bounce from 3360 levels, and up 0.70% on a day, during the European opening hour on Tuesday. The price seems to be steering its path into unknown territory towards a high of 3398 levels of around February. Coronavirus woes, concerns of escalating conflict between the […]
EURUSD Price Analysis – August 10 EURUSD has halted its upward advancement in what appears to be much more than a correction as bears assault level 1.17. The euro currency is poised for a crucial week against the US dollar, following the significant correction from the region of 1.1900 on Friday. Key LevelsResistance Levels: 1.1980, […]
XAGUSD Price Analysis – August 10 Silver prices drop to a level of $27.83 during the early European session on Monday. The remarkable run-up in the precious metals market is starting as XAGUSD manages to defy pullback at $29.85 level from its recent peak, thus rising almost vertically, following today’s intraday low of $27.83 level. […]
GBPUSD Price Analysis – August 9 After striving tough to shift over late July, GBPUSD fell back under the 1.3100 mark. The US dollar has made a comeback with the non-farm payroll data as the trigger for what feels like a lifetime. The figures exceeded analyst expectations to report at 1.763 million from 1.6 million. […]
GBPJPY Price Analysis – August 9 In the prior session, GBPJPY consolidated around 138.50 marks, that said, while increasing trend patterns indicate some possible downside correction may be temporary. The Bank of England delivered Britain’s economy a remarkably positive assessment which may fuel confidence that the sector may see more trend progress this week. Key […]
