Market Notes


The Crude Oil Price is now trading above the 52.19 major support level. If the price stays above 52.19, on a four hourly basis, we will face 53.51 as the main resistance level again. Otherwise, If the price drops below 52.19, the key support level can be found at 51.08. Support : 52.19 -...

22 Jan 21 (Fri)

08:38 am

The EURJPY pair moved up above the 125.85 main support level. As long as the price stays above 125.85, on a four hourly basis, we will follow the key resistance level at 126.69. On the downside, if the pair drops below 125.85, the next major support level will be at 125.07. Support : 125.8...

22 Jan 21 (Fri)

07:10 am

The Gold Price is now trading above the daily level of 1854. As long as the price stays above 1854, on a daily basis, we will see the key resistance level at 1873. On the downside, if the price breaks down below 1854, the next support level will be at 1829. Support : 1854 - 1829 - 1805...

22 Jan 21 (Fri)

06:42 am

The US Dollar was down in the Asian Trading Session as investors continue to celebrate the Joe Biden administration inauguration by turning to riskier currencies. There were also renewed expectations that an economic recovery from COVID-19 could push the dollar even lower The EURUSD pair ext...

22 Jan 21 (Fri)

06:39 am

The Silver Price extended gains above the main support level of 24.39 yesterday. If the rise continues above 24.39, we will see 27.87 as a resistance level. On the other hand, if the price shows a downward movement below 24.39, we will follow the next support level at 21.26. Support : 24.3...

22 Jan 21 (Fri)

06:23 am

The GBPJPY pair stayed strong above the main support level of 140.59. If the upward movement continues, we will see the resistance level at 142.62. On the other hand, if the pair fall back below 140.59, the next support level will be placed at 139.24 Support : 140.59 - 139.24 - 138.25...

22 Jan 21 (Fri)

06:21 am

Keep your eye on the 0.8846 main support level in the EURGBP pair. As long as the pair stays above 0.8846 on a daily basis, the fall may be limited and we will see the resistance level at 0.8893 again. On the other hand, if the price drops below 0.8846, the next support level will be at 08796.

21 Jan 21 (Thu)

07:37 am

The Crude Oil Price showed a downward movement below the major resistance level of 53.51. As long as the price stays below 53.51, on a four hourly basis, we will watch on 52.19 and 51.08 as support levels. Otherwise, If the price goes beyond 53.51, the next resistance level can be found at 54.68....

21 Jan 21 (Thu)

07:16 am

The GBPUSD pair moved up the 1.3688 key level. In order for the rise to gain more power, it needs to stay above 1.3688 on a daily basis. In this case, we will see 1.3784 as the resistance level. Otherwise, the price drops back below 1.3688, we will follow the support level at 1.3599. Suppo...

21 Jan 21 (Thu)

06:48 am

Gold price extended gains yesterday and hit the 1873 major resistance level. However, if the price stays below 1873, on a four hourly basis, we will follow 1854 as a daily support level. Otherwise, if the price rises above 1873, the next resistance level can be found at 1904. Support : 185...

21 Jan 21 (Thu)

06:45 am

The US Dollar was down in the Asian Trading Session, continued its losses as increased hopes for massive U.S. stimulus measures under the newly inaugurated Joe Biden administration The EURUSD pair moved up above the 1.2046 main support level. If the upward movement continues, we will see 1.2...

21 Jan 21 (Thu)

06:42 am

The EURGBP pair is currently trading above the 0.8893 main support level. As long as the pair stays above 0.8893 on a daily basis, we will see the resistance level at 0.8950. On the other hand, if the price drops below 0.8950, the next support level will be at 0.8846. Support : 0.8893 - 0....

20 Jan 21 (Wed)

07:19 am

The GBPJPY pair showed an upward movement above the main support level of 140.59. If the rise continues, we will see the resistance level at 142.62. On the other hand, if the pair fall back below 140.59, the next support level will be placed at 139.24. Support : 140.59 - 139.24 - 138.25

20 Jan 21 (Wed)

07:15 am

The EURJPY pair is now trading above the 125.85 main support level. As long as the price stays above 125.85, on a four hourly basis, we will follow the key resistance level at 126.69. On the downside, if the pair drops below 125.85, the next major support level will be at 125.07. Support :...

20 Jan 21 (Wed)

06:48 am

The Gold price is now trading below the 1854 major resistance level. As long as the price stays below 1854, on a daily basis, we will follow 1829 and 1805 as key support levels. Otherwise, if the price rises above 1854, the next daily resistance level can be found at 1873. Support : 1829 -...

20 Jan 21 (Wed)

06:43 am

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