Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend as prices make a downward move. The price is falling and approaching the low of level 106.18. At this low, the Japanese Yen is expected to rise. This is because the market has been […]
USDCHF Price Analysis – July 24 USDCHF reveals a low level of around 0.9242 during initial Friday’s European Session. The pair, meanwhile, reduces the early-day losses while taking a low U-turn from several months low. Also as consequence, lows are identified around 0.9181 level in March 2020 will be the guide to the sellers following. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingThe index is still fluctuating between levels 5750 and 6250. The price has been consolidating near the resistance line without breaking the key level. The price has tested the resistance line as the index continued its range-bound movement below […]
AUDUSD Price Analysis – July 23 AUDUSD upside bias is consolidating as expected after a dramatic surge around 0.7100 levels following today’s intraday pullback. The pair is retaining its positive traction while being supported by the prevalent selling bias around the US dollar and upbeat market mood. Key LevelsResistance Levels: 0.7300, 0.7250, 0.7205Support Levels: 0.7064, […]
EURUSD Price Analysis – July 23 EURUSD’s upward traction stopped from its rise to a level of 1.1600 as the technical view of the pair indicates a correction. The Euro’s advance edges lower on Thursday in early European trading, as increasing U.S./China tensions affect risk sentiment. China is set to respond in retaliation to the […]
Gold (XAU/USD) climbed higher for the fifth consecutive trading session and snapped fresh multi-year highs, around the $1,880-82 region in the early European session. This surge was precipitated by a modest dip to the $1,863 level, where it was met with heavy dip-buying coupled with a combination of other favorable factors. Majorly, the growing worries […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: RangingThe EUR/GBP pair is in a sideways move. The market is fluctuating between levels of 0.8900 and 0.9100. The bulls have tested level 0.9100 on more than three occasions but without success. The pair is now trading below the resistance. […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: Bullish The AUD/JPY pair is on a sideways trend. The pair has rebounded as the market resumed an upward movement. AUD/JPY is rising and approaching level 77.00. The uptrend will continue if price breaks the resistance at level 76.82. Daily […]
Diversifying your investment portfolio gives you the free reign to put your money wherever you please. You have the option to invest in properties, bonds, and mutual funds to grow your money. Many are also looking into gold investments and direct investments to startups. Yet, there is one area that is also gaining the interest […]
