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Gold Price: XAUUSD Upside Traction Stays Fragile Around $1,650 Level

XAUUSD Price Analysis – April 8 Gold continued its consolidated volatility through the early North American session and is presently positioned around the $1,650 region in the familiar territory. Notwithstanding troubling reports about the coronavirus outbreak, the precious metal continued with momentum on the upside while staying fragile. Key Levels Resistance Levels: $1,703, $1,690, $1,675 […]

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Sellers Regain Momentum on GBPUSD Beneath the 1.2300 Level

GBPUSD Price Analysis – April 5 The GBPUSD pair concluded the prior week with a loss to 1.2263 level, though at the peak of respective prior weekly levels. On Friday the pair declined to 1.2205 level as sellers recovered momentum beneath 1.2300 level, though the greenback demand seemed relatively strong. Key Levels Resistance Levels: 1.3514, 1.3172, 1.2506 Support […]

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EURJPY Extends Decline Lower Past the Level at 117.08

EURJPY Price Analysis – April 3 The FX cross extends its lower fall into the European session early underneath the price level at 117.08 as the pair resumed lower. EURJPY acceleration downside remains intact, as sellers tend to force down prices. The pair’s potential target will be on the 116.00 marks. Key Levels Resistance Levels: […]

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