21.05.2022
Chicago 12, Melborne City, USA
Business

Bearish Impact of 162,000 Will Lead to More Price Drop on GBPJPY

GBPJPY Analysis – May 20 The bearish impact of the 162,000 key level will provide more selling opportunities for sell traders. The bulls have conceded defeat by failing to push the tendency of GBPJPY value far above the 162,000 key zone. After the candlestick pulled through this structure, the selling pressure plunged the currency pair […]

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Business

Bearish Impact of 162,000 Will Lead to More Price Drop on GBPJPY

Key Resistance Levels: $ 1,900, $ 1,950, $ 2000Key Support Levels: $ 1,750, $ 1, 700, $ 1,650 Gold (XAUUSD) Long-term Trend: BearishGold is in a downtrend and it is trading in the bearish trend zone. The price broke below the moving averages to reach the low of $ 1,799. For the past week, the […]

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Business

USDCHF Price Commences a Bearish Reversal at $ 1.00 Level

USDCHF Price Analysis – May 20 When the support level of $ 0.96 holds, bullish momentum may increase, USDCHF price may bounce off the level, then, 0.97 levels may be reached and it may incline to $ 0.98 and $ 0.99 level. Should the bears break down the support level of $ 0.96, the price […]

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Business

USDJPY Sellers Are Determined To Recover The Price To 126.900

USDJPY Analysis – May 19 USDJPY sellers are determined to recover the price to the 126,900 key zone as a consequence of bullish displacement on the pair. The selling opportunity seeks to correct the USDJPY value despite its being in a bullish saga. Above the 126,900 resistance level, the buyers have been affirming the price […]

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Business

Euro Taps New Weekly High as Money Markets Price In Potential ECB Rate Hike

The euro recorded a sharp rally on Thursday as investors price in the possibility of an aggressive policy outlook by the European Central Bank (ECB) in the near term, amid a retrace in the dollar following significant gains in previous sessions. Reports show that money markets are pricing in a potential 106 basis points (bps) […]

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Business

Uniswap (UNIUSD) Price Awaiting a Breakout.

Uniswap Price Analysis – May 19 Ability to break down $ 3.9 price level by the bears, Uniswap price may decrease to $ 2.7, and $ 2.1 price levels. In case the bulls were able to exert pressure to break up the resistance level of $ 7.6, the price may increase to the resistance level […]

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Business

Will There Be Further Price Reduction Below $ 20.4?

SILVER Weekly Price Analysis – May 19 Should the bulls defend the support level of $ 20.4, price may reverse and face the resistance levels of $ 21.4, $ 22.1 and $ 23.4. In case the bears penetrate the support level of $ 20.4 the support level of $ 19.5 may be reached and there […]

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Forex guide

Portugal Producer Price Inflation Eases

Portugal’s producer price inflation eased in April, though remained strong, figures from Statistics Portugal showed on Wednesday. The producer price index climbed 24.6 percent year-on-year in April, following a 26.5 percent rise in March. The overall increase in April was largely influenced by higher prices of energy and raw materials. Energy prices alone grew 11.8 […]

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Business

Stellar (XLM / USD) Price May Experience Bullish Reversal

STELLAR Price Analysis – May 18 In case the bears are able to push the price below the support level of $ 0.13 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $ 0.11 levels and may extend to $ 0.08. When the buyers defend the support […]

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Business

AUD / USD Perceives Soft Landing at 0.6990 Price Level, Investors Anticipate Australian Employment Statistics

AUD / USD had a price rebound very early into the Asian trading period, as the risk-taking sentiment drive weakens. The major is anticipating a price directional change from its important support of the 0.6690 level. This is because the economic calendar has very few economic activities as it concerns the AUD / USD. As […]

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