EURUSD Price Analysis – August 31 EURUSD continues to keep traction past the 1.19 mark, recapturing the upside bias to the 1.1883/80 band or daily lows after an early lower move. The pair holds gains of more than 1.19 marks to last weeks, notching fresh multi-day highs at the same time and relaunching the positive […]
XAGUSD Price Analysis – August 31 Having initially surged to the highest since August 18, Silver prices recede to $27.87 level during Monday’s early European session. Even so, the white metal flashes 1.30% gains while rising for the second day in a row. However, Silver’s downside appears more compelling in the absence of long term […]
GBPUSD Price Analysis – August 30 At the end of the week, the GBPUSD pair breached higher to hit a fresh 2020 high of 1.3356 marks, finishing the week with a couple of pips beneath but no sign of upward exhaustion. The lack of UK macroeconomic variables and Brexit-related news has been playing in favor […]
GBPJPY Price Analysis – August 30 The GBPJPY cross continued its rapid intraday drawdown from six-month highs and fell further beneath the 141.00 marks, nearer back to the lower end of its prior daily trading range. The pair added to the gains from the prior week and continued shifting upwards as its attempt to resume […]
EURJPY Price Analysis – August 28 Upside risks have controlled the single European currency against the Japanese Yen since the prior trading session. EURJPY drops nearly 70-pips from fresh yearly highs at 126.77 level in the last hour, mainly on news that the Japanese Prime Minister Shinzo Abe is expected to step down from his […]
USDCHF Price Analysis – August 28 USDCHF sellers catch a breather under 0.9050 level during the pre-European session on Friday. The quote slumped to the intraday low for a few minutes while sustaining downside pressure conditions. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: 0.9000, 0.8850, 0.8639USDCHF Long term Trend: BearishOnce the USDCHF price stays low […]
AUDUSD Price Analysis – August 27 During the early European session, the AUDUSD pair shot to through one-week highs, around the 0.7260-65 range, but rapidly crawled back a few pips later on. Although the pair got traction for the third straight day despite being overbought. The traction was supported solely by the predominant selling bias […]
EURUSD Price Analysis – August 27 EURUSD is posting modest gains in the 1.1801-1.1850 region while Thursday’s daily chart is showing that the pair is capped beneath the at 1.1850 but has upside momentum. The calm before the storm is awaiting Fed Chair Powell’s critical Jackson Hole speech. The Fed may adopt a looser policy […]
Bitcoin SV Price Analysis – August 27 The coin is facing the support level at $185, in case the bears maintain or increase their momentum, the price may decrease to $179, further increase in the bears’ pressure may push down the price to $134 price level. BSV/USD Market Key Levels: Resistance levels: $198, $217, $237 […]
