Market Notes


Focus on the resistance level of 68.90 in the Brent Oil Price. As long as the price stays below 68.90 on a four-hourly basis, we will follow 67.29 and 65.95 as support levels. On the other hand, if the price moves up above 68.90, the next resistance level will be placed at 70.22. Support :...

13 May 21 (Thu)

06:33 am

The USDJPY pair hit the 109.72 daily resistance level. However, as long as the pair stays below 109.72 on a daily basis, we will watch the support levels at 109.39 and 109.09. On the other hand, if the price goes beyond 109.72, the next resistance level will be placed at 110.36. Support :...

13 May 21 (Thu)

06:28 am

The Gold price is now trading below the 1829 key resistance level. As long as the price stays below 1829, on a four-hourly basis, we will see 1805 as a daily support level. Otherwise, if the price rises above 1829, the next daily resistance level can be found at 1854. Support : 1805 - 1785...

13 May 21 (Thu)

06:10 am

The US Dollar was higher yesterday after US inflation data showed a surge in consumer prices in April. The EURUSD pair moved down below the 1.2093 main resistance level. As long as the price stays below 1.2093, we will see the support level at 1.2046. On the upside, if the price goes beyond...

13 May 21 (Thu)

06:07 am

The Crude Oil Price hit the main resistance level of 66.28. As long as the price stays below 66.28, on a daily basis, the upward movement may be limited and the key support level can be found at 63.01. In contrast, if the price goes beyond 66.28, we will see 69.45 as a resistance level. Su...

12 May 21 (Wed)

11:02 am

Keep your eye on the 0.9002 main support level in the USDCHF pair. As long as the pair stays above 0.9002 on a four-hourly basis, we will see a resistance level at 0.9064. On the other hand, If the pair drops below 0.9002, the next support level will be at 0.8965 Support : 0.9002 - 0.8965...

12 May 21 (Wed)

10:45 am

Focus on the 153.78 main resistance level in the GBPJPY pair. If the pair stays below 153.78, on a four-hourly basis, the rise may be limited and we will follow 150.86 as a support level. Otherwise, if the price rises above 153.78, the next resistance level will be at 156.50. Support : 150...

12 May 21 (Wed)

08:28 am

We are closely watching the 0.7219 main support level in the NZDUSD pair. If the pair stays above 0.7219, on a daily basis, we will follow 0.7382 as a resistance level. Otherwise, if the price drops below 0.7219, the next support level will be at 0.7061. Support : 0.7219 - 0.7061 - 0.6936...

12 May 21 (Wed)

08:22 am

The Brent Oil Price is now trading just below the resistance level of 68.90. As long as the price stays below 68.90 on a four-hourly basis, we will follow 67.29 and 65.95 as support levels. On the other hand, if the price moves up above 68.90, the next resistance level will be placed at 70.22.

12 May 21 (Wed)

07:01 am

Keep your eye on the main resistance level of 108.79 in the USDJPY pair. As long as the price stays below 108.79 on a daily basis, we will follow 108.52 and 108.14 as a support level. On the other hand, if the price goes beyond 108.79, the key resistance level can be found at 109.09. Suppo...

12 May 21 (Wed)

06:58 am

Gold Price is now trading above the 1829 main support level. As long as the price stays above 1829, we will see the daily resistance level at 1854. On the downside, if the price drops below 1829, the next support level will be at 1805. Support : 1829 - 1805 - 1785 Resistance : 1854...

12 May 21 (Wed)

06:54 am

The EURUSD pair showed a downward movement below 1.2169 main resistance level. If the downward movement continues, we will face the support level at 1.2093. On the upside, if the price goes beyond 1.2169, the daily resistance level can be found at 1.2214. Support : 1.2093 - 1.2046 - 1.1944...

12 May 21 (Wed)

06:50 am

The AUDUSD pair is now trading above the 0.7818 daily support level. If the price stays above 0.7818, on a daily basis, the key resistance level can be found at 0.7997. Otherwise, if the price drops below 0.7881, the next daily support level will be at 0.7661. Support : 0.7818 - 0.7661 - 0...

11 May 21 (Tue)

07:52 am

The USDCHF pair showed an upward movement above the 0.9002 main support level. As long as the pair stays above 0.9002 on a four-hourly basis, we will see a resistance level at 0.9064. On the other hand, If the pair drops below 0.9002, the next support level will be at 0.8965 Support : 0.9...

11 May 21 (Tue)

07:47 am

The USDTRY pair moved back up above the 8.2726 main support level. As long as the price stays above 8.2726, on a four-hourly basis, the resistance level can be seen at 8.4963. Although, if the pair breaks down below 8.2726, we will see the next support level at 8.0505. Support : 8.2726 - 8...

11 May 21 (Tue)

07:41 am

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