EURUSD Price Analysis – August 20 The Euro is consolidating after the fall of the previous day, with a pullback from the new (1.1965 level) multi-month high so far looking like a stable correction, but the risk of further falling remains at stake. The downside risk to a monthly low level at 1.1700 increases, as the […]
GBPJPY Price Analysis – August 19 GBPJPY sits on a shaky footing while retreating from level 139.95, down 0.19 percent, during the trading of the early European session. The sterling continued to be bolstered by mixed expectations as Brexit talks linger ahead. The EU and British negotiators are expected to kick-start the final round of […]
XAGUSD Price Analysis – August 19 The price of silver has reached a prior barrier structure which now acts as a temporary limit for buyers from where we have seen a sharp pullback on the daily time frame. XAGUSD reverses early gains from a $28.03 level amid positive investment demand for the white metals which […]
USDCHF Price Analysis – August 18 During the early European session, the USDCHF pair fell to fresh multi-year lows, around the 0.9030 marks, although few pips were tried to recover later. One of the main factors which continued to put pressure on the USDCHF pair was the heavily offered tone around the US dollar. Key […]
S&P 500 Price Analysis – August 18 S&P 500 Futures await fresh clues to extend the early-European session run-up to the six-month top near the 3400 levels. The risk barometer currently takes rounds to 3390 levels after flashing the multi-day peak of 3388 levels. Major equity indexes in the US are trading mixed as US […]
EURUSD Price Analysis – August 17 EURUSD posts increase for Monday’s 5th straight session, extending last week’s rebound of 1.1700 low level. The ongoing weakness in the greenback continues to sustain the upside momentum, as normal. The attention of markets remains constant on the U.S. political scene, where another fiscal stimulus package awaits approval by […]
XAGUSD Price Analysis – August 17 Silver (XAUUSD) consolidates the downside break started in the previous session as the price drops to $25.82 level. A caution flash to buyers implies the spot is primed for additional losses as the pair stays beneath $27.00 mark. Key LevelsResistance Levels: $30.00, $29.27, $28.15Support Levels: $25.00, $23.78, $21.38XAGUSD Long […]
Bitcoin SV Price Analysis – August 17 In case the bears were able to push the price and close below the support level at $217, then, the support level at $179 and $153 will be the target. Inability to close below the mentioned support level may allow the buyers to push the coin towards $259, […]
XRP Weekly Price Analysis – August 16 The price is moving towards the resistance level at $0.32, in case the level does not hold the price; the next targeted resistance level will be $0.36 and $0.39. Should the resistance level at $0.32 holds, the price action may form a double top chart pattern and the […]
