USDCHF Price Analysis – February 11 The currency pair has consolidated its recent strong gains and remains in a narrow trading corridor for the second session in a row on Tuesday. Despite the prevailing risk appetite, which tends to undermine demand for alleged safe-haven currencies such as the Swiss franc, the pair struggled to get […]
S&P 500 Price Analysis – February 11 S & P 500 rose significantly during the trading session on Tuesday, breaking above 3360 levels as the market is at a record high, and it shows no signs of a return of these gains. Key Levels Resistance Levels: 3450, 3400, 3380 Support Levels: 3338.5, 3300, 3270.3 S&P […]
EURUSD Price Analysis – February 10 EURUSD widened its decline to a new low of 2020 at 1.0910 level, ending the US session not much higher than the level. The week began, as usual, in slow motion, the market is still focused on the outbreak of the Chinese coronavirus and on how this can impact […]
GBPUSD Price Analysis – February 9 The currency pair fell for the third day in a row, closing the week at 1.2885, the lowest since November last year. The pound surrendered to the demand of the dollar, even though data on the UK provided encouraging signs. Key Levels Resistance Levels: 1.3700, 1.3514, 1.3172 Support Levels: […]
S&P 500 Price Analysis – February 9 The S & P 500 grew for most of the previous week, breaking through to a fresh high and again showing signs of strength. This is especially indicative of how much better the United States is managing its economy because of coronavirus and lack of growth in the […]
EURJPY Price Analysis – February 7 Demand for the safe-haven, Japanese yen is growing after the Chinese government announced that it would halve US import taxes of $ 75 billion. The United States had indicated its willingness to work with China to finally abandon all higher tariffs. The bit-level for sellers is 119.90 level. Key […]
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
USDWTI Price Analysis – February 7 WTI is expanding its rally after recovering from a 13-month low of $ 49.42 to its second consecutive day on Friday, while buyers are cautious amid widespread risk aversion caused by the growing fear of Chinese coronavirus internationally. The price of a barrel of WTI seems to have cut […]
AUDUSD Price Analysis – February 7 The Australian dollar versus the US dollar continues to lose and attack the support area of 0.6700 level in the European session, as the optimistic data report failed to salvage the bulls on the Australian dollar. The tone of market risk also failed to ignore the challenges facing the […]
