GBPJPY Price Analysis – January 20 GBPJPY’s upside march attempts to advance beyond the 142.33 level with a strong impulse to test the higher barrier at 142.71 level. The optimism about the UK’s vaccine campaign and lower cases is strengthening the case for stability in Pounds Sterling. Key LevelsResistance Levels: 147.95, 144.95, 142.71Support Levels: 140.31, […]
EURCAD Price Analysis – January 20 EURCAD selling pressure caused retreats from daily highs of 1.5452, falling towards the mid 1.5300 level. The EURCAD has plunged by 0.35% against the Canadian Dollar since the day’s start. Canadian Dollar and oil stay in the spotlight with BoC rate decision featured as the oil price stays capped. […]
ADA Price Analysis – January 19 In case the bulls increase their momentum and push the price above the resistance level of $0.38, then, $0.42 and $0.50 may be tested. If the price is rejected at the $0.38 level, price consolidation may commence. The support level can be found at $0.34, $0.27, and $0.24 levels. […]
USDCHF Price Analysis – January 19 The USDCHF pair retreated around 49 pips from daily highs and is presently placed near the lower range of the trading channel between 0.8920 and 0.8858 levels. The concerns about a surge in COVID-19 cases weighed on sentiment and benefitted the safe-haven CHF. Key LevelsResistance Levels: 0.9304, 0.9187, 0.8998Support […]
S&P 500 Price Analysis – January 19 The S&P 500 extend prior days upside run amid a quiet European session early on Tuesday staying unrelenting towards the 3800 levels. The risk barometer rises for the second consecutive day as global markets prepare for fiscal relief goals up to $1.9 trillion. Key LevelsResistance Levels: 4000, 3900, […]
NEO Price Analysis – January 18 Further increase in the bulls’ momentum may break up the resistance level of $30, which will increase the price to $34 – $40 price level. When the $30 level holds the price, the bears may push down the price to the $25 support level in which $34 and $40 […]
EURUSD Price Analysis – January 18 The EURUSD has been struggling to recover as it sustains its downside bias to 1.2053 on Monday while still at the lower ground after tumbling last week. President-elect Joe Biden enters the White House on Wednesday and is set to advance his $1.9 trillion stimulus plan – and also […]
XAGUSD Price Analysis – January 18 Silver (XAG/USD) prices are on the move this week as the white metal rebounds from its recent low of$24.00. Following its price action from the $24.77 opening price, XAGUSD has posted a recent high of $25.16 early in the European session. USD’s rally during the European morning session was […]
GBPUSD Price Analysis – January 17 The GBPUSD is trading under the 1.3500 marks after the pair lost upside traction in the prior session. The pervading sentiment suggests there is still some downside move before the pair advances again. UK PM Boris Johnson announced new travel restrictions starting on Monday. Key LevelsResistance Levels: 1.3800, 1.3700, […]
