XAGUSD Price Analysis – July 6 Silver (XAGUSD) indicates a strong, lower-price pattern that supports further upside. Since gaining some few pips higher today on low volume, the pair began the day at $18.04 level about 0.92 percent higher. Since regaining from the recent selling pressure at $17.76 level the upside traction continues for $18.37 […]
GBPUSD Price Analysis – July 5 The GBPUSD pair held steady in the prior session beneath the 1.2500 thresholds but ended the week with solid increases. At the end of the week, optimism mingled with concerns as Britons welcomed Saturday’s reopening of social events. Key LevelsResistance Levels: 1.3514, 1.2812, 1.2560Support Levels: 1.2300, 1.2075, 1.1409 GBPUSD […]
GBPJPY Price Analysis – July 5 The sterling may accumulate gains on a quiet session going into the new week from Friday. GBPJPY stayed positioned sideways at around 134.00 level, with downside attempts confined by buyers at 133.70 level. In addition to this, mild risk aversion, cases of coronavirus coupled with Brexit uncertainty are easing […]
EURJPY Price Analysis – July 3 At the end of the week, EURJPY loses ground for the third session in a row regarding a broad-based pick-up in the risk-off trend until being turned down in prior sessions from mid-121.00. The JPY is expected to further gain from any rise in China/US tensions toward the U.S. […]
USDCHF Price Analysis – July 3 USDCHF gathers upside traction at about 0.9460 levels, up 0.15 percent a day, going into the European session on Friday. In the meantime, the continuing downturn appeared somewhat uninfluenced by the prevailing rising market mood, which appears to weaken demand for the perceived Swiss franc safe-haven. Key LevelsResistance Levels: […]
AUDUSD price Analysis – July 2 The AUDUSD pair stayed through the first half of Thursday’s trading activity beyond the 0.6950 marks, although lacking any firm bullish traction. The spike was supported by the prevalent risk-on mood that eroded the US dollar’s safe-haven and gained perceived riskier currencies, including the AUD. Key levelsResistance Levels: 0.7205, […]
EURUSD Price Analysis – July 2 Since another fall into the region of 1.1183, EURUSD has restored buying interest and has now traded at 1.13 figures past the main barrier. The Euro grew overnight, powered by renewed risk-on sentiment following strong revision of data from ADP employment, stronger than anticipated from US manufacturing PMI and […]
GBPJPY Price Analysis – July 1 In the last hour, the GBPJPY progressed to its highest level in two weeks at a level of 134.22 and was last seen exchanging at a level of 134.05, increasing 0.17 percent per day. Vastly improved market sentiment during the American session has found it challenging for the JPY […]
XAGUSD Price Analysis – July 1 Silver (XAGUSD) indicates a strong sequence from mid-June lows which supports more upside. During the European session, the white metal grew higher but XAGUSD struggled to maintain an upward spike past the $18.45 mark. Silver then plunged to register low at $17.53 intraday level. Key levelsResistance Levels: $19.65, $18.94, […]
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