GBPUSD Price Analysis – June 28 The GBPUSD pair briefly crashed, hitting a fresh June low of 1.2314 level, gaining some mere 15 pips regardless of the closing. The crash was the result of demand from the revived dollar on a risk-averse market. Key LevelsResistance Levels: 1.3514, 1.2812, 1.2560Support Levels: 1.2300, 1.2075, 1.1409GBPUSD Long term […]
GBPJPY Price Analysis – June 28 In the previous session, the sterling plunged by around 0.69 percent against the yen, after being resisted at the price level of 132.58 as GBPJPY selling bias renewed beneath the 133.00 marks. Combined with Brexit fears, the overall risk-averse bias amid the global rise of COVID-19 instance darkens the […]
EURJPY Price Analysis – June 26 The EURO is dropping against Japan’s safe-haven yen, but it stops at around 120.00 marks for the moment. So far, the pair has lost about 0.2 percent with a weighted risk bias on the back of rising reports of coronavirus and the proposal of the US government to raise […]
USDCHF Price Analysis – June 26 USDCHF loosens to 0.9472 level, while still down 0.11 percent on a day, the pair may re-attempt the 0.9550 level after the pair’s initial downside pressure in the prior session was confined. Key LevelsResistance Levels: 1.0027, 0.9766, 0.9550Support Levels: 0.9440, 0.9370, 0.9181USDCHF Long term Trend: RangingThe pair registered a […]
AUDUSD Price Analysis – June 25 Once again, new buyers emerged just beyond 0.6850 level, allowing a cautious bounce in AUDUSD into mid-European trading, even though upside momentum seems to be capped amid risk aversion. Key LevelsResistance Levels: 0.7205, 0.7064, 0.6938Support Levels: 0.6777, 0.6462, 0.5906AUDUSD Long term Trend: BullishTo the AUDUSD bulls, the level at […]
EURUSD Price Analysis – June 25 EURUSD contributes to the pullback of the prior day regarding the positive tone in the USD amid the risk aversion pick-up sentiment. EURUSD loses -0.38 percent to the level of 1.1210 as the pair remains vulnerable to more downside risks, with attention focused at 1.1200 level. Key levelsResistance Levels: […]
GBPJPY Price Analysis – June 24 The GBPJPY cross deteriorated sharply into American session through the mid-European session among lackluster gains and losses and was last observed trading in the neutral territory, around the region of 132.76. Investors also seemed hesitant to put any large investment amid a lack of clear economic releases on the […]
XAGUSD Price Analysis – June 24 Silver buyers are having difficulties holding gains beyond the $18 mark this week, whilst the semi-precious metal experienced opposition at $18.08 level early Wednesday and was last observed trading close to $17.72 level per ounce, reflecting a loss of 0.16 percent on the day. The primary danger to silver […]
S&P 500 Price Analysis – June 23 Amid the massive US fiscal and monetary stimulus, the bullish sentiment around the S&P 500 Index stays active past the level of 3100. The risk yardstick broadens the gains of the prior day as US policymakers look forward to furthering efforts to accelerate the markets. Key LevelsResistance Levels: […]
