Euro News

The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00

@ 22:33
EURJPY Price Analysis – February  21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
 

Annual Forecast for FTSE 100 (UKX) – 2020

@ 13:16
FTSE 100 (FTSE:UKX) is not currently that attractive, as price is neither bullish nor bearish in the long-term. In the short-term, the bias is bearish but bulls are trying hard to reverse this. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
 

GBPUSD Retreats Beneath The Level At 1.31 Amid Greenback’s Resilience

@ 23:46
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
 

No Sign Of Recovery As USDCHF Stays On The Low Level At 0.9680

@ 23:29
USDCHF Price Analysis – January 14 At the time of composing, the FX pair was trading at 0.9683 level, dropping 0.25% per day after discovering support around 0.9670 level. The USDCHF pair recovered its daily losses and was last seen trading at 0.9683 level, where it remained virtually unchanged during the day. Key Levels Resistance […]
 

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

@ 19:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
 

EURUSD Rallies Maintain Upside Momentum Close To The Price Level At 1.1200

@ 00:16
EURUSD Price Analysis – December 30 The EURUSD pair spiked to the highest level since mid-August at the price level of 1.1211 and entered the consolidation phase. At the time of writing, the pair was ranging near the price level of 1.1200, adding 0.2% per day. Key Levels Resistance Levels: 1.1515, 1.1450, 1.1280 Support Levels: […]
 

USDCHF Market Activity Subdued Beneath 0.9833 Level

@ 03:44
USDCHF Price Analysis – December 24 The USDCHF pair recorded a small daily gain on Monday and entered the consolidation phase on Tuesday, as the markets seem to be already in a festive mood. At the time of writing, the pair remained unchanged at 0.9817 level. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9876 Support Levels: […]
 

Guardian Stockbrokers Key Economic News Tuesday 24 December 2019

@ 02:19
The key points from today’s economic news, brought to you by Guardian Stockbrokers. US durable goods orders surprisingly dropped in November In the US, the flash durable goods orders unexpectedly fell 2.00% on MoM basis in November. Durable goods orders had advanced 0.50% in the prior month. US Chicago Fed national activity index climbed in […]
 

Guardian Stockbrokers Key Economic News Monday 23 December 2019

@ 02:21
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose in 3Q 2019 In the UK, the final gross domestic product (GDP) climbed 0.40% on a QoQ basis in 3Q 2019. In the prior quarter, GDP had recorded a drop of 0.20%. Euro-zone current account surplus expanded in October […]
 

GBPJPY Reverses To The Downside In A Corrective Move

@ 18:36
GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]
 
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