XAGUSD Price Analysis – February 8 The white metal managed to recover some of the losses on Friday and has continued to rise during the European session on Monday. Silver (XAGUSD) is building on Friday’s rebound above $27.00 as the US dollar remains pressured while the $1.9T stimulus optimism favors the bulls. Key LevelsResistance Levels: […]
NEO Price Analysis – February 08 A further increase in the bears’ pressure may penetrate the two dynamic support level downside and decrease to $22 price level, it may extend to $19 and $15 levels. Bullish movement may continue in case the price could not break down dynamic support level and the resistance above the […]
GBPUSD Price Analysis – February 7 The GBPUSD pair has been holding onto its uptrend despite some range trading. The pairs bulls stay unrelenting to the 1.3800 high zones as the Bank of England downplays negative interest rates boosting the pound against the soaring US dollar. Key LevelsResistance Levels: 1.4345, 1.4000, 1.3800Support Levels: 1.3624, 1.3519, […]
GBPJPY Price Analysis – February 7 The GBPJPY pair kept recovering at the prior session, ending the week with modest gains in the 144.89 price zone. The pair stays overbought near the 145.00 level as the Uk vaccination campaign continues boosting economic recovery. Key LevelsResistance Levels: 156.08, 148.15, 145.00Support Levels: 143.95, 142.71, 140.31GBPJPY Long term […]
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BNBUSD Price Analysis – February 05 When the bulls maintain their momentum there will be an increase in price to $61, if it is broken upside $69 and $74 resistance levels may be tested. In case the resistance level of $61 is defended by the bears, price may drop to $55, $51 and $44. BNB/USD […]
EURJPY Price Analysis – February 5 The EURJPY pair has attempted to trade lower early during Friday’s European session but was held by the 126.09 level. The pair has remained stuck while extending its sideways trading as the risk-on market weighs the Japanese Yen. JPY was weighed on amid another day of gains for global […]
USDCHF Price Analysis – February 5 The USDCHF pair refreshes multi-day top early in the European session at 0.9045 level as upside traction unrelenting towards positive zones so far. The market mood is upbeat amid NFP and optimism about the Vaccines, stimulus, and US economy. Key LevelsResistance Levels: 0.9304, 0.9187, 0.9093Support Levels: 0.8998, 0.8858, 0.8757USDCHF […]
Price Analysis – February 04 A further increase in the bulls’ momentum may break up the resistance level of $3.3, then, the price may test the $3.8 and $4.5 levels. In case the bulls are unable to break up the resistance level of $3.3, the price may face the support levels of $2.9, $2.7, and […]
