GBPJPY Price Analysis – March 18 The GBPJPY cross falls to fresh lows, about the current session-level of 127.00, although some levels have been recovered later. The new optimism over Tuesday’s £330 billion stimulus package from the UK government has been largely offset by increasing worries about the coronavirus pandemic’s economic effects. Key Levels Resistance […]
XAUUSD Price Analysis – March 18 Currently, Gold trades at $1,503 level per Oz, as at the time of writing, setting a session high of $1,546.42 level a few hours ago. The yellow metal has so far traded further within the $1,554 to $1,465 price range of the previous day. Despite the declines in US […]
USDCHF Price Analysis – March 17 Throughout the early North American session, the USDCHF pair kept scaling higher and shot to tops of over two weeks, with the price above the 0.9600 marks. A mixture of reinforcing elements – including a fast increase in the US dollar market – supported the pair to attract some […]
S&P 500 Price Analysis – March 17 The futures on the S&P 500, the stock index for Wall Street and the global equity benchmark, spiked up 3.87 percent early today, dropping 12 percent on Monday. However, it remains negative by another 11 percent trading as low as 2,365 level on Tuesday as the plans for […]
Nyocha ọnụahịa EURUSD - March 16 Ebe ọ bụ na ọ dị elu dị ka ọkwa 1.1236 na mbụ n'ụbọchị, n'oge ederede, EURUSD abanyela ugbu a n'okpuru ụfọdụ nrụgide ire ere ma tụfuo ọnụahịa ahụ ruo ọkwa 1.1172. N'ime oge nke abụọ n'ọnwa a, US Federal Reserve na-ebelata ọnụego benchmark [...]
Nyocha ọnụahịa USDWTI - Machị 16 Taa, ọnụ ahịa mmanụ WTI adaala na nke kachasị ala kemgbe mkpọka Mọnde gara aga, na-agbawa na ọkwa $ 30 na $ 29 site na mgbagwoju anya gburugburu ebe na-eleghara ntinye aka nke mpụga. A na-ere mmanụ mmanụ na-arụ ọrụ n'otu ntabi anya mgbe usoro ihe ike nke Fed emeghị ka obi dajụọ ndị na-etinye ego, na agha na-aga n'ihu n'etiti ndị na-emepụta ihe [...]
GBPUSD Price Analysis – March 16 With the Fed’s surprise activity reminiscent of the US dollar bears, GBPUSD bounces off lows in an early attempt to rebound past the level of 1.2300 to 1.2412 and higher than 0.50 percent on Monday as it heads into open European and American session. During the early Asian session, […]
S&P 500 Price Analysis – March 16 Today, it seems that market selling may continue as the S&P 500 furthers its decline again. The unexpected move by the US Federal Reserve to cut rates by 100 bp from 1% -1.25% to 0% -0.25% and the announcement of a quantitative easing program, it seems, has not […]
EURJPY Price Analysis – March 13 Increased selling pressures in Japanese currency at the end of the week lift EURJPY near the 119.00 marks. The BOJ liquidity injection and recovery at the early day’s risk have recently been of help to pair. Key Levels Resistance Levels: 123.37, 121.74, 199.66 Support Levels: 118.37, 117.08, 115.83 EURJPY […]
