USDCHF Price Analysis – April 10 After breaking beneath its ascending trendline, USDCHF found some footing around the 0.9650 handles expanding its price action to the crucial level. Although the inactive session of Good Friday restricts the movements of the FX pair, it stays on the back foot around the level at 0.9650. Key Levels Resistance Levels: 1.0027, 0.9902, […]
AUDUSD Price Analysis – April 9 The Australian dollar also shifted along with global stocks, as coronavirus outbreaks, particularly in the US, are already reaching a peak. On Thursday, the AUDUSD pair pushed higher and renewed session highs in the last hour, while displaying considerable strength beyond the 0.6350 level. Key Levels Resistance Levels: 0.7031, […]
USDWTI Price Analysis – April 9 WTI is trying to consolidate the rise to a fresh $28.22 level two-day high, as the bulls take a breather back from the latest recovery near the $25.00 mark. At the time of the news, US oil is trading at $27.04, still up to now. News on Thursday that […]
GBPJPY Price Analysis – April 8 The British pound got some momentum and pushed the GBPJPY cross to fresh session highs, above the level of 134.70. The claim that UK Prime Minister Boris Johnson has been reported to be in a stable state, although he continued in ICU, appeared to be the only variable that […]
XAUUSD Price Analysis – April 8 Gold continued its consolidated volatility through the early North American session and is presently positioned around the $1,650 region in the familiar territory. Notwithstanding troubling reports about the coronavirus outbreak, the precious metal continued with momentum on the upside while staying fragile. Key Levels Resistance Levels: $1,703, $1,690, $1,675 […]
USDCHF Price Analysis – April 7 The USDCHF pair kept losing support in the American session through the early European, though recently registering daily lows underneath the 0.9700 level. Indications that the coronavirus global epidemic may hit its height in Europe and the United States have caused some lengthy-winding volatile trading in the US dollar. […]
S&P 500 Price Analysis – April 7 S&P 500 rose through last week’s high level of 2638.7 pushing further past the level of 2700 in today’s session as a slowdown in new infections suggesting that the epidemic may have hit a peak and that investors and markets could have better days ahead. Key Levels Resistance […]
EURUSD Price Analysis – April 6 The EURUSD currency pair stabilized throughout the 1.0780 regions during its last preceding trading session up to this point. The pair retained its consolidation even since early Monday. fThis Monday, a light of optimism is raising optimism while EURUSD was unable to take any notice of the fair sentiment. […]
USDWTI Price Analysis – April 6 West Texas Intermediate (WTI) oil is priced in red on Monday after hitting a $29.11 level as the emergency session of OPEC+ has been delayed. The drop may also be related to Saudi Arabia and Russia’s decision to delay the scheduled emergency session until Thursday to negotiate production cuts. Key […]
