S&P 500 Price Analysis – July 21 S&P 500 rally continues to print a three-day unbeaten run while taking price close to level 3277, up 0.80 percent on a day, during Tuesday’s initial European session. The pair may break higher with a 3300-level focus on the cheered pursuit of more US and European stimulus while […]
EURUSD Price Analysis – July 20 EURUSD continued to trade around the 1.1452 high level as EU leaders prolonged Monday’s recovery fund meeting to another day. The old continent’s leaders have prolonged their bargaining for the fourth day, trading to sign off on a recovery fund – and they’re right on the brink of a […]
XAGUSD Price Analysis – July 20 The white metal rebounded from prior day losses as market activity turned upside. XAGUSD price continued to ascend gradually to the exit of the day before, settling at around $19.32 level, it nevertheless, reflects a lower high. Key LevelsResistance Levels: $21.00, $20.50, $19.65Support Levels: $18.94, $18.37, $18.00XAGUSD Long term […]
Day trading or swing trading? I find that to be a very loaded question. New traders are always curious to know which trading style is preferable. Although both trading styles have their distinct advantages and disadvantages, the important thing to find out is which of the two best suits your personality. In this article, we […]
GBPUSD Price Analysis – July 19 The GBPUSD exchange rate had earlier attempted to reach 1.2647 level. The rate closed at 1.2563 levels during the prior session. Some selling potential may probably emerge in the market as the moving average 5 pressures the currency pair, as well as the moving average 13 in the 1.2560 […]
GBPJPY Price Analysis – July 19 GBPJPY holds at a level of 134.45 after easing its directional movement in the prior session, as the pair is now confined to the price channel indicating sideways bias beneath the 135.00 marks. To confirm further growth, the asset has to breach the moving averages and the upside border […]
EURJPY Price Analysis – July 17 Throughout much of the trading week, EURJPY has been very optimistic but, lately, the market action has turned to the downside and could attempt a level of 120.50. EURJPY has come under some selling pressure after hitting fresh multi-week highs close to 122.50 level and is now floating around […]
USDCHF Price Analysis – July 17 In the previous session, the pair established an upside candle that confirmed a price reversal higher from the March high downside of 0.9902 level. Simply put, one might anticipate buyers to attempt the psychological level of 0.95, which might affirm the overall bias once breached. Key LevelsResistance Levels: 1.0027, […]
AUDUSD Price Analysis – July 16 The Australian dollar eases as risk appetite declines on Thursday but maintains upside bias after attempting to crack the 0.70 barriers earlier on in the day. As Australia’s jobless rate ticked higher in June and full-time employment tanked, the AUDUSD pair is struggling to draw bids. Key LevelsResistance Levels: […]
