Five decades after the Apollo moon landing, the possibility of space generating revenues is dawning. For a long time, the space industry has been a government affair, especially one with great geopolitical ramifications. Nevertheless, the ground is shifting as commercial viability continues to be realized. Even as progress begins to emerge, investors still need to […]
USDCHF Price Analysis – August 4 Last week, USDCHF struggled to finish underneath the low level of 0.9056 and the demand is strengthening in the near term. The 0.9467 marks are anticipated to cap the upside rally with the pair trading at around 0.9156 level and beyond today. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: […]
S&P 500 Price Analysis – August 4 The main US stock index opened on Tuesday in the positive territory. As of writing, the S&P 500 Index (SPX) has been at its highest level since late February at 3288 levels, losing 0.25 percent per day. The futures upside momentum tones down beneath the high level of […]
EURUSD Price Analysis – August 3 EURUSD has begun the week on a negative basis and is adding losses underneath the 1.18 benchmark to the prior session low, all amid a widespread profit-taking trend and a strong dollar correction. EURUSD ended the session on Friday in the negative territory as the push to fresh 2-year […]
XAGUSD Price Analysis – August 3 On Monday, Silver inched higher to $25.00 level before falling back marginally as infection cases grew, and a tumultuous budget dispute in the US diverted more funds to safe havens. Over the last eight weeks, the white metal has been in the green, increasing its multiple months’ old uptrend […]
GBPUSD Price Analysis – August 2 GBPUSD ended the prior session at around 1.3170 level, which was the highest in four months. The weakness of the greenback is driving pounds higher while in England the currency is shrugging off restrictions on 4.3 million people. The GBP has been heavily overbought against the USD implying vigilance […]
GBPJPY Price Analysis – August 2 After 5 days of non-stop upside momentum, the GBPJPY cross returns past 138.00 marks in the prior session, with bulls now eyeing a step to taking back the June 5 mid-139.00 mark. The JPY may find buyers if COVID-19’s second wave continues to climb in speed. The spike was […]
EURJPY Price Analysis – July 31 The recovery of EURJPY fell again short of the 2020 highs, running out of steam earlier in the session in the 124.31 regions. Despite the continuing corrective downside, the extra upside momentum stays intact on the cards and is predicted to retake the 2020 highs close to 124.50 range […]
USDCHF Price Analysis – July 31 During the early European session, the USDCHF pair witnessed some selling and plummeted towards psychologically low at 0.90- the lowest level since May 2015. Furthermore, the safe-haven CHF earned from a selloff in US stock markets. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: 0.9047, 0.9000, 0.8969USDCHF Long term Trend: […]
