ETHUSD Price Analysis – January 7 A thick zone of support levels should be noted in the former zone of price consolidation for the second cryptocurrency, which was established between November 23 – December 15 before the breakthrough occurred. Now it acts as a barrier at the level of $ 140-155. Key Levels Resistance Levels: […]
USDCHF Price Analysis – January 7 The USDCHF pair broke through the 0.9700 level, supported by the wide potential of the US dollar. At the time of writing, the pair has grown by 0.35% per day at 0.9715. Although the forecast for the currency pair is negative, and a direct downward slope is maintained at […]
S&P 500 Index Price Analysis – January 7 The risk appetite returned with a vengeance when the S & P 500 posted its most significant intraday reversal in three months as investors looked at past concerns about escalating tensions in the Middle East, focusing on reliable US economic data. Key Levels Resistance Levels: 3,350, 3,300, […]
EURUSD Price Analysis – January 6 EURUSD continues to rise in both directions because the market is limited to the level of 1.1200. In short, the market is trying to break above its August 2019 highs while above its 5 and 13 daily moving averages. Key Levels Resistance Levels: 1.1450, 1.1412, 1.1280 Support Levels: 1.1178, […]
USDWTI Price Analysis – January 6 West Texas Intermediate crude is extending its nine-month high from the level at $ 64.69 to American session, as markets seek to profit from the scenario after adding a 2% increase to Friday and anticipating any military response from Iran. Key Levels Resistance Levels: $ 67.50, $ 66.49, $ […]
GBPUSD Price Analysis – January 5 GBPUSD fell for the second day in a row on fears of a war between the United States and Iran, ending the week near Friday’s low of 1.3051 level. Meanwhile, the foreign currency pair continues to head south below its mid-lines, in line with more upcoming declines. Key Levels […]
After the yuletide season and the absence of insights to give guidance, we can consider some to be moves as volumes come back to typical levels. It is seven days full of the monetary schedule, with 51 details to watch. In the earlier week, just 27 details were in the center. Risk aversion is the […]
EURJPY Price Analysis – January 3 EURJPY is currently trading on the level at 120.56, its lowest level since December 11, and is at risk of falling to the key top of the trend line near the 119.99 level. The breakdown shows that the rally from the September low of 115.83 level ended, and sellers […]
The yen and Swiss franc strengthened strongly as the market gave up its solid risk appetite to avoid risks. Regardless of registered outings in US stocks, Asian markets have retreated due to the fresh political crisis in the Middle East. The price of oil increased in addition to gold, while Treasury yields fell. In the […]
