GBPJPY Price Analysis – February 10 The GBPJPY pair picks up bids following its bounce off the prior days’ low level of 144.03. Looking at the pair’s continuous upside trading its price jumps past 145.00 level during the early European session. The GBPJPY upside run is benefitting from UK’s lead in terms of the coronavirus […]
EURCAD Price Analysis – February 10 The EURCAD has been in an impulsive move higher after rebounding past 1.5400 level during the prior day and currently in the present session. The common European currency has surged by 24 pips or 0.15% against the Canadian Dollar since the day began amid the sideways market. Key LevelsResistance […]
ADA Price Analysis – February 09 The inability to break up the resistance level of $0.73 by the bulls will result in price declination towards the support level at $0.59, $0.50, and $0.43 level. The breakup at the $0.73 price level will push the price to $0.83 and $0.98 level Key Levels: Resistance levels: $0.73, […]
USDCHF Price Analysis – February 9 The USDCHF pair sustained its heavy selling pressure through the mid-European session into the American session and was last seen at 0.8929 low toward 0.8920 regions. A shift in the US Treasury bond yields weigh on the dollar and was seen exerting pressure on the USDCHF pair. Key LevelsResistance […]
S&P 500 Price Analysis – February 9 The S&P 500 stays past the 3900 levels, currently near 3919 highs, during early Tuesday as it eases amid the lack of a new catalyst. The market bias stays positive following fresh interest in US bonds combined with US stimulus hopes. Key LevelsResistance Levels: 4100, 4000, 3950Support Levels: […]
EURUSD Price Analysis – February 8 The EURUSD pair rebounded on Friday, marking an end to 4 days in a row declines. The rebound comes after the price reversed near the lower horizontal line at the 1.1952 level. During today’s European session the EURUSD extended its decline in a range trading beneath the 1.2050 level […]
XAGUSD Price Analysis – February 8 The white metal managed to recover some of the losses on Friday and has continued to rise during the European session on Monday. Silver (XAGUSD) is building on Friday’s rebound above $27.00 as the US dollar remains pressured while the $1.9T stimulus optimism favors the bulls. Key LevelsResistance Levels: […]
NEO Price Analysis – February 08 A further increase in the bears’ pressure may penetrate the two dynamic support level downside and decrease to $22 price level, it may extend to $19 and $15 levels. Bullish movement may continue in case the price could not break down dynamic support level and the resistance above the […]
GBPUSD Price Analysis – February 7 The GBPUSD pair has been holding onto its uptrend despite some range trading. The pairs bulls stay unrelenting to the 1.3800 high zones as the Bank of England downplays negative interest rates boosting the pound against the soaring US dollar. Key LevelsResistance Levels: 1.4345, 1.4000, 1.3800Support Levels: 1.3624, 1.3519, […]
