GBPUSD Price Analysis – May 13 The GBPUSD pair retained on to its fairly positive tone around session highs, across the area of 1.2275-1.2301, but had a very restrained impact to the economic releases in the UK. The updated GDP report revealed that, during the first quarter of 2020, the UK economy shrunk worse than […]
XAUUSD Price Analysis – May 13 The gold price appears to be holding on in the region of $1,700 while staying locked within a range of between $1,702.46 and $1,706.66 thresholds into open European deficient in upside traction. The mood of risk is relatively healthy, but as the week evolves, there seems to be a little […]
USDCHF Price Analysis – May 12 The USDCHF pair drifted from three-day highs about 75 pips and fell in the last hour to new session lows, around the region of 0.9670. The pair failed to follow up on its initial rebound, rather met another fresh supply close to mid-0.9700s level despite substantial dollar weakness and the […]
S&P 500 Price Analysis – May 12 While United States President Donald Trump’s stern position toward China is impacting on the market’s risk-on mood, S&P 500 grapples with bears while wavering at negative 0.30 percent to 2901 level during Tuesday’s early European session. When S&P 500 was being published, it’s drifting while increasing in value […]
EURUSD Price Analysis – May 11 EURUSD confronts the risk of attempting to push higher in the fresh week of reversal and trading around the 1.0800 thresholds this Monday, restricted to a small range of 40 pips since the day commenced. Whereas, the optimism of investors simply looks for near-term guidance towards the disruptions from […]
GBPUSD Price Analysis – May 10 Pound Sterling’s growth from low level 1.2266 on Thursday, May 7th may have amassed intensity with the GBPUSD stepping past level 1.2400. iThe pair tends to recover lost territory from the previous session into this week, with a reported intra-day high at 1.2467 regions backed by risk-on market sentiment and […]
GBPJPY Price Analysis – May 10 GBPJPY is making a rebound to push it back into the 135.76-132.58 range after falling to a 130.66 level of five weeks ago. Buyers, nonetheless, confront crucial solid barriers close to the region of 133.00, with the main moving averages only nearby. A collapse here may see the quote proceeding […]
EURJPY Price Analysis – May 8 Since the prior trading session, the common European currency has risen 77 basis points or 0.67 percent against the Japanese Yen. The currency pair on Friday surpassed the upward moving average of 5. While emerging upwards after a low-level rebound at 114.39, the selling bias in EURJPY stays far […]
USDCHF Price Analysis – May 8 USDCHF sits close to 0.9700 level, slipping 0.15 percent on the day as it continues to the American session on Friday. The FX pair extends downward retracement to level 0.9700 while remaining restricted under level 0.9800. The selloff lasted for Friday’s second day in a row session and was […]
