USDCHF Price Analysis – July 14 During the early European session, the USDCHF pair bounced over 30 pips from daily swing lows and renewed daily highs, around the 0.9424 marks, before posting lower to 0.9389 level. The perceived safe-haven Swiss franc was weakened by the prevalent risk-on mood and was considered one of the key […]
S&P 500 Price Analysis – July 14 S&P 500 consolidate the prior session losses around 3170 levels, up 0.33% on a day, during the initial hour of the EUROPEAN open on Tuesday after plunging from a one-month high level at 3235.8 level. The US equity derivative surged to the highest since June 10 in the […]
EURUSD Price Analysis – July 13 EURUSD lengthens the recovery from the lows near 1.1257 level of Friday and accumulates ground on Monday around 1.1335/55 band. Fears about the second wave of coronavirus diseases have taken its toll on the global context of risk and driven some haven flows toward the USD. Key LevelsResistance Levels: […]
XAGUSD Price Analysis – July 13 After the beginning of July, Silver has been appreciating against the US Dollar within a growing trend that is now beyond the level of $19.00 in view. XAGUSD retains a healthy upside impact while it has recently marginally pulled back to $18.50 level. Key LevelsResistance Levels: $20.50, $19.65, $19.17Support […]
GBPUSD Price Analysis – July 12 In the preceding session, the GBPUSD pair reached 1.2664 level, unable to exceed its weekly high and pull back to stay at 1.2612 level. The run was the direct consequence of the vulnerability of the wider dollar, as headlines from the UK did not offer the Pound any protection. […]
GBPJPY Price Analysis – July 12 During the prior week, GBPJPY posted a high at 135.92 level, forming a shooting star candlestick and may head for correction beneath mid-level 134.00 – a negative signal may be on track for the pair. Asian stock markets reinforced the tone of the offer around the anti-risk Japanese yen […]
EURJPY Price Analysis – July 10 EURJPY tends to lose the futile effort to enter the range of 122.00, amid rising selling pressure on the back of the Japanese yen’s improve bias. The corrective downside stays under the ascending trendline in the 120.50 regions as the selling bias gets traction. Key LevelsResistance Levels: 124.43, 122.87, […]
USDCHF Price Analysis – July 10 USDCHF is restoring more gains today after flipping 0.20 percent to 0.9431 level after the pair fell beneath the 0.9370 main level in the prior session. Buyers kept on to the gains on through initial North American session, despite failing to capitalize on the change amid concerns over the […]
AUDUSD Price Analysis – July 9 The AUDUSD pair retreated to level 0.6950 after failing to rise above 0.7000 level earlier in the week. Despite the growing number of confirmed infections with coronavirus in the US, increased optimism about a vaccine allows market sentiment to remain upbeat. Key LevelsResistance Levels: 0.7205, 0.7064, 0.7031Support Levels: 0.6938, […]
