Market Notes


Keep your eye on 130.29 main resistance level in the EURJPY pair. As long as the currency stays below 130.29 on a daily basis, we will watch the support level at 129.06. On the other hand, If the pair rises above 130.29, the next resistance level is holding at 131.39. Support : 129.06 - 12...

02 Aug 21 (Mon)

12:24 pm

The EURGBP pair is trading above the 0.8535 main support level. As long as the pair stays above 0.8535 on a daily basis, we will see the resistance levels at 0.8626 and 0.8664. On the other hand, if the price drops below 0.8535, the next support level will be at 0.8488. Support : 0.8535 -...

02 Aug 21 (Mon)

12:21 pm

The Gold price closed last week above the 1805 main level. As long as the price stays above 1805, on a daily basis, we will see the daily resistance level at 1829. On the downside, if the price breaks down below 1805, the next support level will be at 1785. Support : 1805 - 1785 - 1763...

02 Aug 21 (Mon)

03:22 am

Watch out for the 109.72 daily resistance level in the USDJPY pair. 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 Suppor...

02 Aug 21 (Mon)

03:14 am

In the upcoming week, keep your eye on the Bank of England Rate Decision. It is expected to keep the stimulus running at its current pace. Officials are likely to raise their inflation forecast for this year, but the outlook for growth remains uncertain amid concerns over the delta variant. ...

02 Aug 21 (Mon)

03:10 am

The EURUSD pair moved up above the 1.1867 main level. As long as the pair stays above 1.1867, on a four-hourly basis, we will follow 1.1919 as the main resistance level. On the downside, if the price drops back below 1.1867, the next support level will be at 1.1819 Support : 1.1867 - 1.181...

02 Aug 21 (Mon)

02:58 am

Focus on the 0.8535 main resistance level in the EURGBP pair. As long as the pair stays below 0.8535 on a daily basis, we will follow the support level at and 0.8488. On the other hand, if the price goes beyond 0.8535, the resistance level will be at 0.8626 Support : 0.8488 Resistan...

30 Jul 21 (Fri)

01:26 pm

The EURUSD pair showed an upward movement above the 1.1867 main level. As long as the pair stays above 1.1867, on a four-hourly basis, we will follow 1.1919 as the main resistance level. On the downside, if the price drops back below 1.1867, the next support level will be at 1.1819 Support...

30 Jul 21 (Fri)

03:32 am

The USDCHF pair is now trading above the 0.9064 main support level. As long as the pair stays above 0.9064 on a four hourly basis, we will see resistance level at 0.9130. On the other hand, If the pair drops below 0.9064, the next support level will be at 0.9002. Support : 0.9064 - 0.9002

30 Jul 21 (Fri)

03:26 am

Focus on the 1829 major resistance level in the GOLD price. As long as the price stays below 1829, on a daily basis, we will see 1805 as key support level. Otherwise, if the price rises above 1829, the next daily resistance level can be found at 1854. Support : 1805 - 1785 - 1763 Re...

30 Jul 21 (Fri)

02:42 am

The US dollar fell to a one-month low on Thursday, a day after the U.S. Federal Reserve said the job market still had some ground to cover before it would be time to ease monetary stimulus, taking the steam out of a monthlong rally by the greenback. The USDJPY pair is now trading above...

30 Jul 21 (Fri)

02:40 am

The EURUSD pair moved up above the 1.1867 main level. As long as the pair stays above 1.1867, on a four-hourly basis, we will follow 1.1919 as the main resistance level. On the downside, if the price drops back below 1.1867, the next support level will be at 1.1819. Support : 1.1867 - 1.18...

29 Jul 21 (Thu)

12:51 pm

The EURJPY pair is trading above the 130.23 main support level. As long as the price stays above 130.23 on a daily basis, the rise may continue, we will follow the key resistance level at 131.26. On the downside, if the pair drops below 130.23, the next major support level will be at 129.33....

29 Jul 21 (Thu)

12:27 pm

A month of gains for the dollar had already lost momentum leading in to Wednesday Federal Reserve meeting and Chairman Jerome Powell remark that rate increases were a ways away was enough to tip it lower still The USDCHF pair is trading above the 0.9064 main support level. As long as t...

29 Jul 21 (Thu)

12:24 pm

Fed Powell comments came as the Fed handed down its latest policy decision on Wednesday, where he said that interest rate hikes are a ways away and that the job market still had some ground to cover before the central bank begins to taper its assets. The Gold price moved up above the 1805 ma...

29 Jul 21 (Thu)

05:55 am

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