USDCHF Price Analysis – August 28 USDCHF sellers catch a breather under 0.9050 level during the pre-European session on Friday. The quote slumped to the intraday low for a few minutes while sustaining downside pressure conditions. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9181Support Levels: 0.9000, 0.8850, 0.8639USDCHF Long term Trend: BearishOnce the USDCHF price stays low […]
AUDUSD Price Analysis – August 27 During the early European session, the AUDUSD pair shot to through one-week highs, around the 0.7260-65 range, but rapidly crawled back a few pips later on. Although the pair got traction for the third straight day despite being overbought. The traction was supported solely by the predominant selling bias […]
EURUSD Price Analysis – August 27 EURUSD is posting modest gains in the 1.1801-1.1850 region while Thursday’s daily chart is showing that the pair is capped beneath the at 1.1850 but has upside momentum. The calm before the storm is awaiting Fed Chair Powell’s critical Jackson Hole speech. The Fed may adopt a looser policy […]
Bitcoin SV Price Analysis – August 27 The coin is facing the support level at $185, in case the bears maintain or increase their momentum, the price may decrease to $179, further increase in the bears’ pressure may push down the price to $134 price level. BSV/USD Market Key Levels: Resistance levels: $198, $217, $237 […]
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
GBPJPY Price Analysis – August 26 The GBPJPY is exactly at the top zone which is very close to the start of the sellers’ pattern which appeals to a downside bias around 139.70-80 zone. GBPJPY is losing gains at 0.14% on a day while taking the bids near 140.13 high level during the early Wednesday. […]
XAGUSD Price Analysis – August 26 Silver traders fail to extend the late-US session recovery moves from $26.06 level beyond $26.80 level as the quote drops on sellers attempt at $26.00 mark during the early Wednesday European session. The XAGUSD prices pullback after rally upwards guided by an ascending trend line since the end of […]
USDCHF Price Analysis – August 25 The USDCHF pair declined slightly into American session from early European session and fell in the last few hours to fresh daily lows, in the area of 0.9081. The mood on the market could weaken appeal for the Swiss franc safe-haven and serve to limit any negative trend. Key […]
S&P 500 Price Analysis – August 25 S&P 500 Futures is on the bids near the 3445 level during the European session on Tuesday. The risk barometer recently registered 4 consecutive positive sessions at a fresh all-time high of 3452 levels while extending the biggest run-up of 2020 weekly. Key LevelsResistance Levels: 3700, 3600, 3500Support […]
