GBPUSD Price Analysis – June 7 The GBPUSD pair progressed to stabilize in the 1.2660 price area for the seventh day in a row since reaching a daily high level of 1.2731. The pair first became influenced by optimistic US job data but rather stayed bolstered by growing demands for high-yielding securities. Key LevelsResistance Levels: […]
GBPJPY Price Analysis – June 7 The buyers have been driving GBPJPY to its peak after late February 2020 without yielding. The upward pressure stays intact with the spot continuing for a breach beyond the level of 140.00. Amidst some new buying pressure emerging, it becomes worth waiting for some follow-through buying before validating its […]
EURJPY Price Analysis – June 5 For another session on Friday, EURJPY’s rally continues to keep its upside run unopposed, maintaining to sweep fresh yearly highs in the 124.40/45 region, though erasing a few gains afterward. The currency pair breached Friday morning’s level of 124.00. As for the near term, buyers of the spot price […]
USDCHF Price Analysis – June 5 The USDCHF pair rapidly reversed a recent dip of more than two-month lows and in the last hour recovered upward past 0.9650 marks. The pair was last seen trading close to the high of its daily trading range, around the region of 0.9637-0.9650, and has now regained a part […]
AUDUSD Price Analysis – June 4 The AUDUSD pair stayed on the guard during Thursday’s European session and was last seen trading close to the lower range of its daily trading, just below the 0.6938 marks. Fears over a yet more confrontation in US-China conflicts have kept a shield on the latest positivity about the […]
EURUSD Price Analysis – June 4 EURUSD ‘s latest dip from a high of 1.1257 while vacating overbought positions to a level of around 1.1200 could pave way for the rally to recover. In recent days the awaited announcement of the ECB ‘s decision has risen and improved the euro – potentially putting the FX […]
GBPJPY Price Analysis – June 3 GBPJPY holds offers past the level at 137.00, up 0.5 percent on a day, during the American opening hour on Wednesday. While trade perception appears to diminish during U.S. civil unrest, Brexit-positive news, combined with the UK government’s hopes for further stimulus, appears to favor the off-late quote. Key […]
XAGUSD Price Analysis – June 3 Silver price fell from the monthly $18.39 high level hit on Monday to $17.63 low level on Wednesday’s early American session. The price of silver has grown rapidly as the US dollar is declining, stocks are edging higher and investors are preparing for economic growth. We are therefore registering […]
USDCHF Price Analysis – June 2 After touching new two-month lows, the USDCHF pair bounced back around 50 pips and leaped to new session highs in the last hour, around the region of 0.9620. The downside stayed shielded, for the moment at least, amid the prevailing risk-on mood, which constrained the safe-haven status of the […]
