Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 share has continued to consolidate sideways since June. The price has broken below level 6000 support. The market has already fallen to level 5924. The share is reaching bearish exhaustion as buyers may likely emerge. Daily Chart Indicators Reading:The […]
وڌيڪ پڙهڻGBPUSD Price Analysis – August 2 GBPUSD ended the prior session at around 1.3170 level, which was the highest in four months. The weakness of the greenback is driving pounds higher while in England the currency is shrugging off restrictions on 4.3 million people. The GBP has been heavily overbought against the USD implying vigilance […]
وڌيڪ پڙهڻGBPJPY Price Analysis – August 2 After 5 days of non-stop upside momentum, the GBPJPY cross returns past 138.00 marks in the prior session, with bulls now eyeing a step to taking back the June 5 mid-139.00 mark. The JPY may find buyers if COVID-19’s second wave continues to climb in speed. The spike was […]
وڌيڪ پڙهڻKey Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in a downtrend. The Kiwi is still falling and it is approaching the low of level 0.6600. According to the Fibonacci tool, the pair will fall and reach a low of 0.786 Fibonacci retracement level. That is, […]
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