XAGUSD Price Analysis – June 17 Since moving beyond $17.50 mark in the previous session, the white metal reverses its gains thus finishing the prior day gaining (0.57 percent) upside. In an uninspiring session, XAGUSD’s price has failed to move convincingly beyond the trading range of the day before. Key LevelsResistance Levels: $18.94, $18.20, $17.63Support […]
USDCHF Price Analysis – June 16 The USDCHF pair bounced back across the market from two-day declines amid a US dollar rally, rising back beyond 0.9500 level. It has recently printed a fresh daily high at 0.9523 level and stays close to the top, with a strong buying momentum. Key levelsResistance Levels: 1.0027, 0.9766, 0.9650Support […]
S&P 500 Price Analysis – June 16 After a strong start to 3167.7 level on Tuesday, the S&P 500 index is giving off advances as investors’ concerns about the second wave of coronavirus infection and geopolitical frictions in Asia have overwhelmed the excitement amid up-to-date macroeconomic reports from the US. The S&P Index trades at […]
EURUSD Price Analysis – June 15 EURUSD is looking to stabilize above the 1.1226 marks against the backdrop of the recent move lower from monthly tops beyond the 1.1400 level. The pair has maintained a positive tone amid the earlier anticipated weakness towards the level at 1.1226. The growing sense of normality in Europe is […]
XAGUSD Price Analysis – June 15 Silver shorts reported a loss of 2.0 percent early through Monday’s European session after a recent rally to mid-$18.00. XAGUSD is trading at a level of $17.23, with its price down from Friday’s close against the USD. Resurgent fears about the third wave of coronavirus infection are anticipated to […]
GBPUSD Price Analysis – June 14 GBPUSD appears lower as sellers ride the pair down, after a higher-level turnaround that tends to have discovered a high at the level of 1.2812. And once the mood of global risk shifts south further, cable with the UK gets entrenched in the middle of the economic recession. Key […]
GBPJPY Price Analysis – June 14 GBPJPY increases its downward trend from 140.00 area through one-week lows at 133.79 levels after the pullback attempt failed at 135.00 level. Market volatility is strengthening the yen against a weak GBP even as sterling is weakening from Brexit anxieties and negative interest rate sentiment. Key levelsResistance Levels: 147.95, […]
EURJPY Price Analysis – June 12 EURJPY has tried to retrieve strength after testing the 120.20 regions throughout morning trading and is now trading right beyond 120.50 level. The rebound tends to follow the better tone in market risk developments and further recovery may be well above 124.00 level towards the 2020 highs. Key levelsResistance […]
USDCHF Price Analysis – June 12 The USDCHF pair ripped out of its daily consolidated range and in the last hour leaped to new session highs, all over the region of 0.9475. The bullish market mood has eroded the Swiss franc safe-haven and has been seen as one of the big drivers that give certain […]
