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NZDUSD Lurks in Redistribution Phase

NZDUSD Lurks in Redistribution Phase
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EURUSD at Risk of Probing Key Daily Low Level at 1.0980, Trading Close to 1.1000 Level

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 […]

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EURJPY Plummet and Rebound From the Near Term Low Level at 120.67

EURJPY Price Analysis – January 24 The currency pair is losing ground for the second consecutive session on Friday, falling under strong bearish pressure amid negative indicators of the single currency, aggravated after the ECB meeting on Thursday. Key Levels Resistance Levels: 124.31, 123.37, 122.87 Support Levels: 120.67, 119.99, 115.83 EURJPY Long term Trend: Ranging […]

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