EURJPY Price Analysis – July 3 At the end of the week, EURJPY loses ground for the third session in a row regarding a broad-based pick-up in the risk-off trend until being turned down in prior sessions from mid-121.00. The JPY is expected to further gain from any rise in China/US tensions toward the U.S. […]
USDCHF Price Analysis – July 3 USDCHF gathers upside traction at about 0.9460 levels, up 0.15 percent a day, going into the European session on Friday. In the meantime, the continuing downturn appeared somewhat uninfluenced by the prevailing rising market mood, which appears to weaken demand for the perceived Swiss franc safe-haven. Key LevelsResistance Levels: […]
AUDUSD price Analysis – July 2 The AUDUSD pair stayed through the first half of Thursday’s trading activity beyond the 0.6950 marks, although lacking any firm bullish traction. The spike was supported by the prevalent risk-on mood that eroded the US dollar’s safe-haven and gained perceived riskier currencies, including the AUD. Key levelsResistance Levels: 0.7205, […]
EURUSD Price Analysis – July 2 Since another fall into the region of 1.1183, EURUSD has restored buying interest and has now traded at 1.13 figures past the main barrier. The Euro grew overnight, powered by renewed risk-on sentiment following strong revision of data from ADP employment, stronger than anticipated from US manufacturing PMI and […]
GBPJPY Price Analysis – July 1 In the last hour, the GBPJPY progressed to its highest level in two weeks at a level of 134.22 and was last seen exchanging at a level of 134.05, increasing 0.17 percent per day. Vastly improved market sentiment during the American session has found it challenging for the JPY […]
XAGUSD Price Analysis – July 1 Silver (XAGUSD) indicates a strong sequence from mid-June lows which supports more upside. During the European session, the white metal grew higher but XAGUSD struggled to maintain an upward spike past the $18.45 mark. Silver then plunged to register low at $17.53 intraday level. Key levelsResistance Levels: $19.65, $18.94, […]
USDCHF Price Analysis – June 30 Although the USDCHF gained more than 30 pips in the prior session on broad-based USD strength and the bullish market mood. It has lost its momentum, however, and returned to trade beneath the level of 0.9500, where it was down 0.35% on the day. As attention turns to Powell’s […]
S&P 500 Price Analysis – June 30 The S&P 500 potentially stays beneath 3078.3 level to hold the initial risk lower for a leap beneath its moving average of 13 during its wider corrective period. The S&P 500’s most recent high at 3233 levels around the region corresponded to the moment when COVID-19 incidents shot […]
EURUSD Price Analysis – June 29 The single currency seems to have left some of the recent negativity aside and is now pushing EURUSD to new daily highs in the vicinity of 1.1273 level beyond 1.1257 marks while losing some momentum later on. Meanwhile, investors continue to evaluate the rate of economic growth in the […]
