USDWTI Price Analysis – February 20 Black gold expanded the latest recovery momentum in the Asian session and renewed a three-week high of $ 54.08, reporting a slight increase at $ 53. In European trading this Thursday, as sentiment was raised due to concerns about interruptions in supplies, and decreased Coronavirus spread amid China’s preventative […]
GBPJPY Price Analysis – February 19 The GBPJPY cross increased to fresh monthly highs, within the mid-143.00 levels, in response to higher-than-expected UK consumer inflation data. The movement may then set the scene for the expansion of the recent positive momentum of the pair. Key Levels Resistance Levels: 148.66, 147.95, 144.60 Support Levels: 140.83, 135.49, […]
XAUUSD Price Analysis – February 19 The XAUUSD pair advanced to the highest zone after January 8 at $ 1,611.07 level and passed the impressive interval of a fresh seven-year top. Although, due to the improvement in sentiment in the American session, the pair erased part of its prior profits and last traded at $ […]
USDCHF Price Analysis – February 18 The USDCHF pair swiftly regained some 15-20 pips from the lows of the early European session to the American session and is currently in neutral region, slightly past 0.9800 level. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9841 Support Levels: 0.9800, 0.9743, 0.9613 USDCHF Long term Trend: Ranging In a […]
S&P 500 Price Analysis – February 18 The S & P 500 retreats after a pivoting from a historic high of 3,393.8 level recorded on Monday. Although its price is consolidating, the upward movement for buyers stays untouched, as the market may push to new historical highs. Key levels Resistance Levels: 3450, 3400, 3390 Support […]
EURUSD Price Analysis – February 17 The EURUSD pair is trading near the Friday multi-year low of 1.0827 level, showing small targets to move in one direction or another, as the daily high was set at 1.0850 level. Insufficient European macroeconomic calendar and US markets during the holidays are behind the lack of trade interests. […]
USDWTI Price Analysis – February 17 The loss of oil request in China and around the globe because of the outbreak of coronavirus is noteworthy, yet stays obscure both in scale and in the term, while the planning and size of the potential decrease in OPEC + production likewise stay exceptionally unknown. Key Levels Resistance […]
GBPUSD Price Analysis – February 16 GBPUSD rebounded from the daily low of 1.3000 to complete the previous week without changes near the level of 1.3050 and up during the week. The FX pair held back on recent successes caused by shifts in the UK cabinet that ended with Rishi Sunak becoming the new Chancellor […]
S&P 500 Price Analysis – February 16 As the coronavirus outbreak in China’s Wuhan continued to be the focus of attention last week which caused great volatility, overall, US investors do not seem to be too worried that the S & P 500 continues to record highs. Key Levels Resistance Levels: 3450, 3400, 3390 Support […]
