Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishUSD/JPY is in an upward move. On July 2, the upward move has been terminated at level 111.00. The Yen fell to level 109.60 and resumed upward. In the first rejection in March, the currency pair plunged to level 107.50. […]
Today, GBP pays little regard to employment data, which has shown modest signs of improvement. The dollar is significantly weaker against the Swiss Franc and the Japanese Yen, but markets are pretty stable elsewhere. The Canadian dollar likewise shrugged off the Bank of Canada’s tapering announcement from yesterday. For the next changes in currencies, the […]
US delivery giant FedEx (FDX) is trading off its all time highs on the back of being a pandemic winner but it is also an inflation winner, which makes it an enticingly strong buy. Risk-averse investors will be attracted by its inflation-proof earnings potential, while those looking for capital growth can rest assured that the […]
AUDUSD Price Analysis – July 15 During the early North American session, the AUDUSD pair kept its offered tone, plunging underneath the mid-0.7400 level. The USD benefited from the risk-off sentiment, which added to intraday selling. Following a spike in COVID-19 infections, the Australian state of Victoria was forced into a lockdown on Thursday. Key […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin (DOGE) has continued its downward move. The selling pressure resumes after the upward correction was terminated at the $0.29 high. On June 21, the coin has earlier fallen to the low of $0.1650 as bulls bought the dips. The market is […]
GBP/USD rallied and now it stands at 1.3870 level higher versus 1.3813 today’s low. It has increased as much as the 1.3898 level but it has slipped lower as the US Dollar Index has rebounded. The Pound has jumped higher even if the Unemployment Rate increased to 4.8% from 4.7%. The UK Claimant Count Change […]
Key Resistance: 1.2550 Key Support: 1.2500 – 1.2450 The USDCAD rallied yesterday on the Bank of Canada monetary report and rate decision to keep it at 0.25% and continue its asset purchasing program. This is bearish for the currency and the reason the USDCAD rallied. In the long term, the USDCAD has dipped more than […]
Uniswap Price Analysis – July 15 When the support level of $15 is broken downside, price level may decrease to $12 and $9 support levels. In case the bulls were able to defend the support level of $15, Uniswap may bounce up towards the resistance levels of $21, $27 and $34. UNI/USD Market Key Levels: […]
According to a fund manager survey for July posted by Bank of America (BofA), “long Bitcoin” has dropped to the number three spot as the most crowded trades. The Global Fund Manager Survey is Bank of America Securities’ monthly report is a survey carried out on about 200 institutional, mutual, and hedge fund managers around […]
