S&P 500 Price Analysis – August 18 S&P 500 Futures await fresh clues to extend the early-European session run-up to the six-month top near the 3400 levels. The risk barometer currently takes rounds to 3390 levels after flashing the multi-day peak of 3388 levels. Major equity indexes in the US are trading mixed as US […]
EURUSD Price Analysis – August 17 EURUSD posts increase for Monday’s 5th straight session, extending last week’s rebound of 1.1700 low level. The ongoing weakness in the greenback continues to sustain the upside momentum, as normal. The attention of markets remains constant on the U.S. political scene, where another fiscal stimulus package awaits approval by […]
XAGUSD Price Analysis – August 17 Silver (XAUUSD) consolidates the downside break started in the previous session as the price drops to $25.82 level. A caution flash to buyers implies the spot is primed for additional losses as the pair stays beneath $27.00 mark. Key LevelsResistance Levels: $30.00, $29.27, $28.15Support Levels: $25.00, $23.78, $21.38XAGUSD Long […]
Bitcoin SV Price Analysis – August 17 In case the bears were able to push the price and close below the support level at $217, then, the support level at $179 and $153 will be the target. Inability to close below the mentioned support level may allow the buyers to push the coin towards $259, […]
XRP Weekly Price Analysis – August 16 The price is moving towards the resistance level at $0.32, in case the level does not hold the price; the next targeted resistance level will be $0.36 and $0.39. Should the resistance level at $0.32 holds, the price action may form a double top chart pattern and the […]
GBPUSD Price Analysis – August 16 The GBPUSD pair has ended a second straight week beneath the 1.3100 price level, unable to stimulate growth potential as Sterling is weakened by Brexit talks. A weak dollar was not enough to drive the pair higher, as Sterling’s demand was constrained by fears about the UK’s potential trading […]
GBPJPY Price Analysis – August 16 GBPJPY registered a noticeable upside shift as it hit a two-month high level of 140.20 during last week’s trading exceeding the prior high of 139.62. The GBPJPY cross quickly retreated the intraday high from the prior session to exit at 139.43 level as anti-risk flow supported the JPY safe-haven. […]
EURJPY Price Analysis – August 14 The European currency’s upside momentum remains intact as EURJPY gathers pace around level 126.00. The persistent weak note in the greenback combined with the Japanese yen’s somewhat steady performance bolsters demand for riskier assets. Key LevelsResistance Levels: 137.49, 128.67, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY Long term Trend: BullishAt present, […]
USDCHF Price Analysis – August 14 USDCHF buyers may strive for a radical shift beyond mid-level 0.9100, as the pair stays on the backfoot with the recent falls at level 0.9092. Despite increased hope for a successful coronavirus vaccine, investors seem to have turned wary ahead of key data releases from the eurozone countries on […]
