S&P 500 Price Analysis – March 1 The S & P 500 had a terrible past week, when it broke past the level of 3000 during the end of the week, the market seems to be starting to change its setting as a whole, but is showing extreme volume downward. As the coronavirus begins to […]
EURJPY Price Analysis – February 28 In addition to the hysteria surrounding COVID-19, EURJPY is distressed from additional JPY-buying amid increasing global demand for a safe-haven. Against this context, the near-term horizon should not rule out a push to the region of 2020 lows close to the 118.46 level. Key Levels Resistance Levels: 122.87, 121.47, […]
S&P 500 Price Analysis – February 28 The S & P 500 has a deep pullback beneath Simple Moving Averages (SMAs) while selling pressure hit past 3100 levels downwards at new lows in 2020. The spread of Coronavirus makes investors fear global growth. Continuous stays beneath the stated level may increase further selling expanding down […]
AUDUSD Price Analysis – February 27 The AUDUSD pair capitalized on a large USD weakness, after reaching its lowest price level on Wednesday in over 10 years at 0.6540 level while holding on to recent gains on Thursday, the FX pair rebounded, going up by 0.55% daily and presently at 0.6585 level. Key Levels Resistance […]
USDWTI Price Analysis – February 27 West Texas Intermediate (WTI) oil, which has reached $47.70 level a few minutes before the time of Press, is priced in $47.78 a barrel. The first half of January 2019 showed this level last. The selling could be linked to the safety flight caused by coronaviral problems outside China. […]
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: […]
