USDWTI Price Analysis – January 30 Recent headlines dip out to support recovery in crude oil prices. At the hour of composing, the West Texas Intermediate barrel was trending at $ 52.22 level, erasing 1.45% daily. WTI crude prices plunged mainly due to concerns about the Coronavirus, and the Energy Information Administration (EIA) said that […]
GBPJPY Price Analysis – January 29 After trendless trading activity in the prior session, the pair met some new supply on Wednesday and was suffering from a host of negative sentiments. GBPJPY held onto its weakest defeat, beneath 142.00 level and stays well within close distance of the three-week lows set in the prior session. […]
XAUUSD Price Analysis – January 29 Gold Buyers looking for stability and while returning towards $ 1,580 level. On Wednesday, risk appetite failed to provide a guiding path for safe-haven gold as investors take a break from coronavirus epidemic toplines. Key levels Resistance Levels: $ 1625, $ 1595, $ 1580 Support Levels: $ 1567, $ […]
USDCHF Price Analysis – January 29 USDCHF challenges gravity in a series of consecutive daily gains within its rise from its lowest on December 31 and this despite the lowest levels in the ten-year Treasury yield since October 9 last year. Markets fear the spread of the Coronavirus and the threat of infection in global […]
XRP, the third biggest crypto asset with a recent market value of $ 10 billion, shifts from hand to hand at $ 0.2330 level, compared with an intraday high of $ 0.2347 level. Over the past 24 hours, XRP / USD has added more than 3.5% in line with the worldwide advancement in crypto-asset market […]
EURUSD Price Analysis – January 27 The EURUSD pair broke beneath after several hours of trending in the range while reaching the bottom at 1.1009, the lowest level since December 8. The dollar remains strong despite declining US yields amid risk aversion. Key Levels Resistance Levels: 1.1239, 1.1172, 1.1066 Support Levels: 1.0981, 1.0940, 1.0879 EURUSD […]
USDWTI Price Analysis – January 27 On Monday, there was no reprieve for the WTI barrel, as the price of the American benchmark for sweet light unrefined petroleum plunged to the level at $ 52.00 toward the start of trading, a similar price level that was last approached toward the beginning of October 2019. Key […]
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
S&P 500 Price Analysis – January 26 S & P 500 exited prior session with a decrease of -0.27% to a level of 3,293.6. Regardless of the retreat, the continuous rally stays unabated. US stock indices generally exited at the previous session after the advent of the Chinese coronavirus. The Centers for Disease Control and […]
