GBPUSD Price Analysis – August 16 The GBPUSD pair has ended a second straight week beneath the 1.3100 price level, unable to stimulate growth potential as Sterling is weakened by Brexit talks. A weak dollar was not enough to drive the pair higher, as Sterling’s demand was constrained by fears about the UK’s potential trading […]
GBPJPY Price Analysis – August 16 GBPJPY registered a noticeable upside shift as it hit a two-month high level of 140.20 during last week’s trading exceeding the prior high of 139.62. The GBPJPY cross quickly retreated the intraday high from the prior session to exit at 139.43 level as anti-risk flow supported the JPY safe-haven. […]
EURJPY Price Analysis – August 14 The European currency’s upside momentum remains intact as EURJPY gathers pace around level 126.00. The persistent weak note in the greenback combined with the Japanese yen’s somewhat steady performance bolsters demand for riskier assets. Key LevelsResistance Levels: 137.49, 128.67, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY Long term Trend: BullishAt present, […]
USDCHF Price Analysis – August 14 USDCHF buyers may strive for a radical shift beyond mid-level 0.9100, as the pair stays on the backfoot with the recent falls at level 0.9092. Despite increased hope for a successful coronavirus vaccine, investors seem to have turned wary ahead of key data releases from the eurozone countries on […]
AUDUSD Price Analysis – August 13 In the early American session, AUDUSD consolidates the European session spike to a two-day high of 0.7188 level. Nonetheless, the bulls seem to lose follow-through as they attempt to broaden the upside in a cautious mood on the market. Key LevelsResistance Levels: 0.7295, 0.7241, 0.7200Support Levels: 0.7150, 0.7076, 0.6921AUDUSD […]
EURUSD Price Analysis – August 13 The appearance of some fresh selling around the US dollar supported the EURUSD pair to reverse an initial fall into the mid-1.1700 range. EURUSD is presently hacking away at a psychological barrier of 1.18 plus, setting it at a low level of 1.1777 at the European Session. The US […]
Bitcoin SV Price Analysis – August 13 The price may decrease further to $179 support level in which it may extend to $153 and $134 should the bears increase their pressure. In case the support level of $179 holds, buyers may start buying and expect to find resistance levels at $217, $259, and $311. BSV/USD […]
GBPJPY Price Analysis – August 12 On Wednesday the GBPJPY pair advanced higher for the 3rd day in a row and was last seen trading just beneath mid-139.00s – the highest level since June 8. The Yen is known for its safe-haven qualities and the pound is a questionable bid in the face of worsening […]
XAGUSD Price Analysis – August 12 Silver prices remain under pressure after bouncing down from $23.44 to $26.28 levels, up 3.5 percent a day, during Wednesday’s European session. The price bounce on XAGUSD loses momentum close to $26.50 level. The price of the precious metal dropped sharply as investors made profits in a bond yield […]
