S&P 500 Price Analysis – January 31 The number of S&P 500 stocks that traded above their 5 and 13 moving average on Friday fell to the lowest level since October. Markets collapse on Friday as the coronavirus spreads, for the moment, easing bullish sentiment and fuels uncertainty in a period of high valuations. Key […]
AUDUSD Price Analysis – January 30 AUDUSD currency pair further declines during the American session on Thursday as the bitter market mood is affecting the sensitive Australian dollar. As of this writing, the pair was trading at its lowest level since late September at 0.6712, as it lost 0.6% daily. Key Levels Resistance Levels: 0.7085, […]
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 […]
