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Euro News
EUR/CHF Resumes Uptrend, Targets Level 1.07000
01 Jul 2020 @ 07:24
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the market will reach a low of 2.618 extension level. EUR/CHF’s first target will be at level 1.618 Fibonacci extension level. […]
Favorable Conditions Surrounding Gold Could Send It to $1,765 in the Near-Term
18 Jun 2020 @ 14:47
Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]
EUR/CHF Approaching the Overbought Region, Sellers May Emerge
04 Jun 2020 @ 14:47
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. The pair rebounded at the low of 1.05000 to resume an upward move. A correction candle body tested the 0.618 Fibonacci retracement level. This indicates that the pair will rise and reach level 1.618 […]
EURUSD Confronts a Larger Barrier at 1.1257 Level While Exiting Overbought Positions
04 Jun 2020 @ 14:01
EURUSD Price Analysis – June 4 EURUSD ‘s latest dip from a high of 1.1257 while vacating overbought positions to a level of around 1.1200 could pave way for the rally to recover. In recent days the awaited announcement of the ECB ‘s decision has risen and improved the euro – potentially putting the FX […]
Gold Suffers Mild Decline Following Growing US-China Tensions
27 May 2020 @ 12:16
Gold (XAU/USD) dipped in the early Asia trading session on Monday as growing US-China tensions continue to influence demand on the safe-haven asset. Gold futures shed about 0.47% reaching a low of $1,724 just a few hours ago. The precious metal failed to hold on to its gains from last week’s session. Stocks, which are […]
USDCHF Trades Inside Triangle Range Gaining Traction for a Breakout Towards 0.9800 Level
16 May 2020 @ 05:27
USDCHF Price Analysis – May 16 Through the early European session, the USDCHF pair exchanged with a slight positive bias, though missing any significant follow-through buying and staying constrained beneath weekly highs. Though the level of 0.9800 remains in reach as USDCHF trades inside the triangle gaining momentum for a probable breakout. Key Levels Resistance […]
HSBC Holdings stays weak as bulls stay aloof
24 Apr 2020 @ 11:38
HSBC Holdings stock (LSE:HSBA) has stayed weak because buyers seem not to be interested in getting seriously active. Following a largely consolidating movement that occurred between November 2019 and February 2020, there was a sustained downwards movement. The downward movement appears to be losing steam in this month of April; but that would turn out […]
EURUSD Rebounds and Extends Gain to the Region of 1.0900 Level
24 Apr 2020 @ 01:49
EURUSD Price Analysis – April 20 The common currency began the week on a steady tone, leading EURUSD to test Monday’s higher end of the range near 1.0900 marks. The FX pair looks to continue to Friday’s growth, though a crucial barrier test at 1.0900 level is still inaccessible. Furthermore, coronavirus trends seem to control, […]
AUDUSD Recovers Past Level At 0.6350 Alongside Global Stocks
16 Apr 2020 @ 08:51
AUDUSD Price Analysis – April 9 The Australian dollar also shifted along with global stocks, as coronavirus outbreaks, particularly in the US, are already reaching a peak. On Thursday, the AUDUSD pair pushed higher and renewed session highs in the last hour, while displaying considerable strength beyond the 0.6350 level. Key Levels Resistance Levels: 0.7031, […]
Barclays price analysis: BARC remains weak as sellers refuse to relent
12 Apr 2020 @ 00:15
Barclays Plc shares (LSE:BARC) remain weak as sellers threaten to short further. The market has fallen so hard in the last few months and the trend remains bearish. The current bearish momentum started this year, ending the bullish effort of 2019. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 […]
