GBPJPY Price Analysis – February 26 At the beginning of the European session on Wednesday, the GBPJPY cross weakened below the level of 143.00 and fell to the bottom of its weekly trading. BREXIT and the British pound, which was also fueled by the diverging position of the United Kingdom regarding its future commercial relations […]
XAUUSD Price Analysis – February 26 During the Asian session, gold rose to a higher level into the European Session on Wednesday and is currently at the top of its daily trading range of $1625-55 levels. Fears of the global outbreak and impact of the new virus on the global economy have compensated for a […]
USDCHF Price Analysis – February 25 The USDCHF closed with small gains beneath 0.9800 level on the first day of the week and struggled Tuesday to climb past that point. During the decline of the Fx pair beneath the 0.9700 level, the start of the month around 0.9670 level and the bottom of the January […]
S&P 500 Price Analysis – February 25 On Monday, the S & P 500 had a huge rally, breaking the main uptrend line downwards quite significantly during the trading session, testing the lows at 3215 levels. Finally, the impact of COVID-19, better known as coronavirus, began to strongly affect financial markets. Key levels Resistance Levels: […]
EURUSD Price Analysis – February 24 The EURUSD begins the fresh week under pressure with a bearish gap after the weekend reports showed a spike in confirmed cases of coronavirus worldwide, especially in Italy and South Korea. The Fx pair has erased its serious over-sold conditions but was unable to run beyond its current daily […]
USDWTI Price Analysis – February 24 At the beginning of the week, WTI’s prices traded deep into the negative territory, breaking the key low levels at the $51.00 mark per barrel and simultaneously slipping back to fresh multi-day lows. Key Levels Resistance Levels: $ 59.61, $ 56.29, $ 54.40 Support Levels: $ 50.00, $ 49.42, […]
GBPUSD Price Analysis – February 23 GBPUSD extended the daily recovery during the previous session and touched a new daily high of 1.2981, as the dollar came under strong selling pressure on disappointing PMI data. Key Levels Resistance Levels: 1.3700, 1.3514, 1.3200 Support Levels: 1.2900, 1.2582, 1.1958 GBPUSD Long term Trend: Bullish In the long-term […]
S&P 500 Price Analysis – February 23 The S & P 500 initially tried to advance over the previous week, but then returned gains by touching the 3340 handles. The United States will continue to be considered a bit of a security trade, and the S & P 500 is one of the most common […]
EURJPY Price Analysis – February 21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
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