GBPJPY Price Analysis – January 24 GBPJPY is confronted with sellers’ pressure as it stays constrained beneath 142.00 level and exited the prior session at around the 141.96 marks. The pair dumps after being weighed by the ongoing uncertainty about COVID-19 resurgence adding negative pressure to the pound sterling. Key LevelsResistance Levels: 147.95, 144.95, 142.71Support […]
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BNBUSD Price Analysis – January 22 An increase in the sellers’ pressure may push the price below the support level of $36 and the daily candlestick may close below the level, the price will decline further to test the $31 and $27 support level. Inability to break down the support level of $36, the bullish […]
EURJPY Price Analysis – January 22 EURJPY remains bid in the upper end of the recent range beyond 126.00 level while renewing its upside bias towards the level at 127.07. The pair’s upside move continues at the end of the week against the backdrop of the prevailing risk appetite trend in the global markets. Key […]
USDCHF Price Analysis – January 22 The US dollar retreated against the CHF and may become more broad-based at the end of the week. As a result, USDCHF sellers seem to storm a retest of low regions comprising multiple levels to Jan 6 low around 0.8757 level. The dollar weakens as investors keep a tab […]
Price Analysis – January 21 When the daily bearish candle closes below the $2.7 level; the price may decrease to $2.4, $2.1 and $1.7. In case the bulls defend the support level of $2.4, the resistance level of $2.7. $3.0 and $3.3 may be the targets. Key Levels: Resistance levels: $2.7, $3.0, $3.3 Support levels: […]
AUDUSD Price Analysis – January 21 AUDUSD remains steady past mid 0.7700 amid the Aussie jobs report Australia’s dollar edged higher on Thursday and remains steady past the mid 0.7700 level while extending the upside bias towards the 0.7800 level. The Aussie got an additional boost following the release of domestic employment details as the […]
EURUSD Price Analysis – January 21 EURUSD continues to rally in an attempt to sustain its break higher past 1.2150 level as buyers maintain upside sentiment. The pair reacts to the latest ECB policy statement on rates which sparks volatility amongst EUR pairs. Key LevelsResistance Levels: 1.2554, 1.2350, 1.2214Support Levels: 1.2050, 1.1900, 1.1602EURUSD Long term […]
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