Trading Briefs

Trading Briefs

S&P 500 Stays Mildly Heavy After a Bearish Run Beneath 3318 Level

S&P 500 Price Analysis – September 22 The S&P 500 increases to 3301 levels up 0.33% on a day, during early Tuesday. In doing so, the equity derivative rises from the 5th day in a row plunge. The S&P 500 plummeted further in the previous day as fears of the coronavirus (COVID-19) resurgence roiled the […]

1 d

USDCHF Increases for the 3rd Day in a Row Towards 0.9181 Level

USDCHF Price Analysis – September 22 USDCHF increases for the 3rd day in a row as the pair remains mildly bid while trading near 0.9160 level on Tuesday. The pair is aiming to breach upwards the 0.9181 level in the present session. Key LevelsResistance Levels: 0.9902, 0.9467, 0.9200Support Levels: 0.9050, 0.8845, 0.8639USDCHF Long term Trend: […]

1 d

EURUSD’s Uptrend at Risk Following Price Movement Below the 1.18 Mark

EURUSD Price Analysis – September 21 The continuation of the upside momentum in the EURUSD is at risk following the price movement below the 1.18 mark. The better start of the week in the greenback is forcing EURUSD to recede to fresh 2-day lows in the sub-1.18 area on Monday. Concerns about the second wave […]

2 ds

Silver Price: XAGUSD Pullback Movement Continues From $26.50 Level

XAGUSD Price Analysis – September 21 XAGUSD pullback movement continues from to $26.50 level during the early European session on Monday. The white metal dropped from $26.96 to $26.45 levels at the start of the day’s trading. The price moved lower after some USD strength earlier in the session and has been moving pretty sideways […]

2 ds

XRP/USD price Is Struggling to Rise Above Big Resistance

XRP/USD Market September 20 The price may decline to retest the support level at $0.22, and if the seller’s pressure increases, the level may be penetrated and reduce to $20 and $17 price level. In case the resistance level of $0.25 is penetrated, the price will be exposed to $27 and $29. Key Levels: Resistance […]

2 ds

GBPUSD Flashes Further Bearish Sign, a Steeper Fall Anticipated Beneath 1.2813 Level

GBPUSD Price Analysis – September 20 The GBPUSD pair delayed the weekly rebound, finishing the day in red at around 1.2915 marks. Slight optimism relating to a post-Brexit trade agreement with the EU offered the Sterling with moderate support earlier in the week. GBPUSD sellers, however, are poised for a steeper fall anticipated beneath the […]

2 ds

GBPJPY Battles to Stay Afloat 135.00 Level Despite Bearish Pull

GBPJPY Price Analysis – September 20 The GBPJPY cross edged lower during the prior trading session and was last seen hovering near lows, just around 135.00 level. A strong pickup in demand for the safe-haven JPY was seen as a key factor exerting pressure. The JPY was further supported by the Bank of Japan’s less […]

2 ds

EURJPY Stays Under Pressure Well Beneath the 124.00 Level

EURJPY Price Analysis – September 18 The persistent buying interest in the Japanese safe-haven continues to put EURJPY under pressure and forces it to extend the plunge to the 123.43 regions on Friday, or fresh 2-month lows. The recovery in the greenback following Wednesday’s FOMC event has been weighing on the sentiment surrounding the risk […]

4 ds

USDCHF Grasp Fresh Upside Momentum on Friday Moves Back to the 0.9100 Mark

USDCHF Price Analysis – September 18 The USDCHF pair maintained its upside tone through the early North American session, with bulls making a fresh attempt to build on the momentum further beyond the 0.9100 marks. The greenback struggled to capitalize on the post-FOMC short-covering move and came under some fresh selling following the prior day’s […]

4 ds

AUDUSD Trades Positive to Recover the 0.7300 Level, Bolstered by a Positive Aussie Jobs Report

AUDUSD Price Analysis – September AUDUSD takes the bids beyond 0.7300 levels to reverse the early losses while trading near 0.7285 level and recording an intraday low of 0.7253 level, during the early Thursday. Australia’s Unemployment Rate slipped underneath a 7.7 percent forecast and 7.5 percent before 6.8 percent in August. Key LevelsResistance Levels: 0.7413, […]

5 ds
Learn 2 Trade Forex News & Strategies

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