USDWTI price Analysis – January 9 WTI jumped to 65.62 level after Iran’s strikes landed on the US military base in Iraq. But WTI speedily cut gains after strikes did not result in American casualties, however risking less further exacerbations. Key Levels Resistance Levels: $ 67.50, $ 66.49, $ 65.00 Support Levels: $ 58.69, 55.41, […]
GBPJPY Price Analysis – January 8 GBPJPY drops to 141.12 level during the Asian session on Wednesday. However, during the American session, it recovered to 143.07 level. The pair stays in the background after the latest news showed that Iran fired several rockets at US targets in Baghdad, after which the FX pair recovered due […]
XAUUSD Price Analysis – January 8 Gold has reduced some of its early strong gains and now seems to have stabilized beneath the $ 1,600 price levels. The yellow precious metal has added gains in its recent achievements and spiked to the highest level since March 2013 during the Asian session on Wednesday amid growing […]
ETHUSD Price Analysis – January 7 A thick zone of support levels should be noted in the former zone of price consolidation for the second cryptocurrency, which was established between November 23 – December 15 before the breakthrough occurred. Now it acts as a barrier at the level of $ 140-155. Key Levels Resistance Levels: […]
USDCHF Price Analysis – January 7 The USDCHF pair broke through the 0.9700 level, supported by the wide potential of the US dollar. At the time of writing, the pair has grown by 0.35% per day at 0.9715. Although the forecast for the currency pair is negative, and a direct downward slope is maintained at […]
S&P 500 Index Price Analysis – January 7 The risk appetite returned with a vengeance when the S & P 500 posted its most significant intraday reversal in three months as investors looked at past concerns about escalating tensions in the Middle East, focusing on reliable US economic data. Key Levels Resistance Levels: 3,350, 3,300, […]
EURUSD Price Analysis – January 6 EURUSD continues to rise in both directions because the market is limited to the level of 1.1200. In short, the market is trying to break above its August 2019 highs while above its 5 and 13 daily moving averages. Key Levels Resistance Levels: 1.1450, 1.1412, 1.1280 Support Levels: 1.1178, […]
USDWTI Price Analysis – January 6 West Texas Intermediate crude is extending its nine-month high from the level at $ 64.69 to American session, as markets seek to profit from the scenario after adding a 2% increase to Friday and anticipating any military response from Iran. Key Levels Resistance Levels: $ 67.50, $ 66.49, $ […]
GBPUSD Price Analysis – January 5 GBPUSD fell for the second day in a row on fears of a war between the United States and Iran, ending the week near Friday’s low of 1.3051 level. Meanwhile, the foreign currency pair continues to head south below its mid-lines, in line with more upcoming declines. Key Levels […]
