GBPJPY Price Analysis – August 23 The GBPJPY cross stayed subdued over the previous session and was last seen floating close to weekly lows, around the region of 138.43. A mix of factors supported the steady decrease, as investors await news on the current round of Brexit negotiations. Key LevelsResistance Levels: 147.95, 144.95, 141.24Support Levels: […]
EURJPY Price Analysis – August 21 Following last week’s 2020 highs close to level 126.80, EURJPY has proceeded on a corrective downside, which is now experiencing its 5th straight session. Early in the European session on Friday, the eurozone’s single currency declined by 65 basis points or 0.40 percent against the Japanese Yen as of […]
USDCHF Price Analysis – August 21 The USDCHF pair stays underneath the sellers’ influence through the early European session and was last seen trading near daily lows, with the pair now eyeing a break below the 0.9050 marks. A turnaround in the global risk market dominates USDCHF traction beneath 0.9100 level as Swissy retains safe-haven […]
BNBUSD Price Analysis – August 21 The breakup of the resistance level at $24 will open the price to the resistance levels at $30 and $35. The inability to penetrate the $24 price level may push down the price to support level at $22 and further declination may lead to $20 and $18 price levels. […]
AUDUSD Price Analysis – August 20 Thus far this Thursday the upside attempts in AUDUSD maintain positive bias beyond the 0.7150 level while buyers tend to find support around the 0.7150 regions, leaving the spot wavering in familiar ranges. Despite renewed optimism on the U.S.-China trade front and a broad-based withdrawal from the U.S. dollar, […]
EURUSD Price Analysis – August 20 The Euro is consolidating after the fall of the previous day, with a pullback from the new (1.1965 level) multi-month high so far looking like a stable correction, but the risk of further falling remains at stake. The downside risk to a monthly low level at 1.1700 increases, as the […]
GBPJPY Price Analysis – August 19 GBPJPY sits on a shaky footing while retreating from level 139.95, down 0.19 percent, during the trading of the early European session. The sterling continued to be bolstered by mixed expectations as Brexit talks linger ahead. The EU and British negotiators are expected to kick-start the final round of […]
XAGUSD Price Analysis – August 19 The price of silver has reached a prior barrier structure which now acts as a temporary limit for buyers from where we have seen a sharp pullback on the daily time frame. XAGUSD reverses early gains from a $28.03 level amid positive investment demand for the white metals which […]
USDCHF Price Analysis – August 18 During the early European session, the USDCHF pair fell to fresh multi-year lows, around the 0.9030 marks, although few pips were tried to recover later. One of the main factors which continued to put pressure on the USDCHF pair was the heavily offered tone around the US dollar. Key […]
