XAGUSD Price Analysis – August 10 Silver prices drop to a level of $27.83 during the early European session on Monday. The remarkable run-up in the precious metals market is starting as XAGUSD manages to defy pullback at $29.85 level from its recent peak, thus rising almost vertically, following today’s intraday low of $27.83 level. […]
GBPUSD Price Analysis – August 9 After striving tough to shift over late July, GBPUSD fell back under the 1.3100 mark. The US dollar has made a comeback with the non-farm payroll data as the trigger for what feels like a lifetime. The figures exceeded analyst expectations to report at 1.763 million from 1.6 million. […]
GBPJPY Price Analysis – August 9 In the prior session, GBPJPY consolidated around 138.50 marks, that said, while increasing trend patterns indicate some possible downside correction may be temporary. The Bank of England delivered Britain’s economy a remarkably positive assessment which may fuel confidence that the sector may see more trend progress this week. Key […]
EURJPY Price Analysis – August 8 In the prior session, EURJPY’s rally reached new highs near level 125.58. Nevertheless, the step was insufficient and facilitated the existing correction lower to sub-125.00 levels. Given the continuing correction, incremental improvements stay well on the radar and bolstered by the broader risk complex change. Key LevelsResistance Levels: 128.67, […]
USDCHF Price Analysis – August 7 The USDCHF pair is rising on Friday for the second day in a row, moving away from the lowest level it has reached at 0.9050 level in five and a half years. The pair further recovers as buyers search for entry beneath 0.9181 level. The greenback posts mixed results […]
AUDUSD Price Analysis – August 6 AUDUSD declines from the intraday high of 0.7216 level to 0.7177 level, during early Thursday. Besides that, the pair register gains from the run-up to refresh a multi-month high at 0.7241 level for the third day in a row after the prior session. In the following trading session, the […]
EURUSD Price Analysis – August 6 EURUSD is seeing a gradual increase and scarcely influenced by a recent price falling. EURUSD entered the pressure zone for selling, at around 1.1916 level. The move here was instantly and dramatically rejected, prompting EURUSD to sink by over 50 pips. Nonetheless, another rally may stay unclear if tensions […]
GBPJPY Price Analysis – August 5 The GBPJPY regains traction upward despite being taken aback by a withdrawal near the level of 139.00 and rapidly retreated in the early North American session around 45 pips. The GBP buyers have largely shaken off fears about the second wave of coronavirus infections and anxiety of a no-deal […]
XAGUSD Price Analysis – August 5 The white metal registered the highest level for 7 years, as bulls propel price beyond $27.00 mark during early day trading. Failures to progress past $27.15 levels, however, indicate a greater trend for the short term. Silver had another bullish session on Wednesday and now has a huge 48 […]
