Yesterday, the GBP/USD pair hit a resistance level of 1.2580 and dropped back slightly. As long as the pair trades above 1.2448, the GBP might continue to gain momentum and we will face 1.2580 and 1.2685 resistance levels. However, If the price drops below 1.2448, we will follow the support level...
After Policy Assessment were released by RBNZ, The NZD/USD pair showed a downward trend yesterday. The price trading below 0.7236 main resistance level. As the pair continues to stay below 0.7236, we think the downward trend may gain momentum and we will face the support levels at 0.7181 and 0.71...
Yesterday, EUR/USD pair dropped below the 1.0666 support level. Hovewer, the price closed the day above 1.0666 support level. As long as the price remains stable above the 1.0666 support level, we think Euro might gain more power. In this case, the resistance levels will be at 1.0730 and 1.0780 a...
Gold is trading above 1236 support level. As long as the precious metal trades above that level we will face 1255 and 1273 resistance levels. On the other hand breaking of 1236 support level could indicate the start of the profit taking process towards 1226 and 1210 support levels. ...
Before the data of Crude Stocks, U.S. Oil is trading above the 51.55 main support level. If the price of U.S. Oil remains stable 51.55 support level, we think the increase may continue and the resistance levels might be at 52.10 and 52.55 respectively. On the other hand, if the price is able to b...
EUR/USD pair is testing the 1.0666 support level. As long as the price remains stable above the 1.0666 support level, we think the downward trend may be limited. In this case, the resistance levels will be at 1.0730 and 1.0780 again. If price is able to breaks 1.0666, we will face support levels...
The GBP/USD pair bounced up from the 1.2345 support level yesterday and is trading above the 1.2448 major support level now. As long as the pair trades above 1.2448, the GBP might continue to gain momentum and we will face 1.2580 and 1.2685 resistance levels. However, If the price drops below 1.2...
Gold is trading in a tight range between 1226 support and 1236 resistance levels since yesterday. Breaking of 1236 resistance level maybe open the door towards 1255 and 1273 resistance levels. In case of profit taking we will face 1226 and 1210 support levels. However, while Gold protects the 121...
The USD/JPY pair is trading above the 111.90 main support level. If the pair is able to break the 111.90 main support level, we think the downward move will accelarate towards 110.50 and 109.75 support levels. On the other hand, if price moves upwards above 111.90, we will face the resistace leve...
GBP/USD pair is testing 1.2448 main support level. As long as the pair trades above 1.2448, the GBP might continue to gain momentum and we will face 1.2580 and 1.2685 resistance levels. However, If the price drops below 1.2448, we will follow the support levels at 1.2345 and 1.2250.
EUR/USD pair dropped down below 1.0730 resistance level in the Asian Session. If price continues to decrease, we will face support levels at 1.0666 and 1.0625. As long as the pair remais stable above 1.0666 support level, we think the downward trend may be limited. In this case, the resistance le...
Gold showed an upward trend and just hit at 1226 resistance level. If price continues to rise above 1226 , we think the increase may gain more power and we will face resistance levels at 1236 and 1255. However, if Gold drops and breaks the 1210 main support level, the next support levels will be...
The USD/JPY moved downwards from 114.80 to 111.90 main support level last week. If the pair is able to break the 111.90 main support level we think the downward move will accelarate towards 110.50 and 109.75 support levels. On the other hand if pair gain momentum above 112.75 we eill face 1...
The price showed an upward trend and closed last week above 1210 main support level. As Gold continues to stay above 1210 major support level, we think the increase may gain more power and we will face resistance levels at 1226 and 1236. On the other hand, if Gold breaks the 1210 support level, t...
The pair hit resistance level 1.2685 and then dropped down dramatically to just above 1.2448 main support level. As long as the pair trades above 1.2448, the GBP might continue to gain momentum and we will face 1.2580 and 1.2685 resistance levels. However, If the price drops below 1.2448, we will...
