Market Notes


The GOLD price moved up above the 1291 key level. In the event that the upward movement continues, we will see the daily resistance level of 1307. On the other hand, if the yellow metal drops below, the next support level will be at 1283. Support : 1291 – 1283 – 1276 Resistan...

24 May 18 (Thu)

08:39 am

The EURUSD pair is moving up and it is now trading above the 1.1720 key support level. If the price stays above 1.1720, on a four hourly basis, the rise may continue and we will face 1.1768 and 1.1812 as resistance levels. if the price drops below 1.1720, the next support level will be at 1.1660...

24 May 18 (Thu)

08:26 am

The USDCHF pair moved up and it is now trading above the 0.9928 key level. If the price is able to stay above 0.9928, on a four hourly basis, the rise may continue and we will face the daily resistance level at 0.9972. On the other hand, if the price pullbacks below 0.9928, the next support lev...

23 May 18 (Wed)

03:08 pm

The USDCAD pair is moving up towards the daily resistance level of 1.2918. In order for the bullish action to continue, it needs to go beyond 1.2918 and sustain above that level on a daily basis. At this point, the next resistance level will be at 1.3019. On the other hand, if the price pullback...

23 May 18 (Wed)

02:46 pm

The GOLD price showed a downward movement and it is currently trading below the 1291 key level. If the yellow metal stays below 1291, on a four hourly basis, the bearish action may continue. At this point, we will see 1283 and 1276 as support levels. On the other hand, if the price goes above 129...

23 May 18 (Wed)

02:16 pm

The DAX30 index showed a downward movement and it is trading below the 12980 daily level. As long as the index stays below 12980, on a daily basis, the fall may continue. At this point, we will see 12841 as a support level. On the other hand, if the index goes beyond 12980, the next resistance le...

23 May 18 (Wed)

11:59 am

The US dollar is down against the safe-haven yen on fears that setbacks to U.S-China tr...

23 May 18 (Wed)

09:55 am

Pound dropped significantly after disappointing UK CPI Data. The GBPUSD pair is moving down towards 1.3338 key support level. In order for the fall to continue, it needs to break down 1.3338. At this point, the next support level can be found at 1.3241. Otherwise, if the pair stays above 1.3338,...

23 May 18 (Wed)

09:11 am

The EURUSD pair found sellers from the main resistance level of 1.1812 and dropped to the 1.1720 key support level. In order for the downward movement to gain more momentum, it needs to break down 1.1720. In this case, the next support level will be at 1.1660. Otherwise, if the price stays above...

23 May 18 (Wed)

09:02 am

The Silver price found buyers from 16.28 support level yesterday and it is now moving up towards the...

22 May 18 (Tue)

11:51 am

The SP500 futures are now trading just above the 2733 daily level. If the index is able to stay above that level...

22 May 18 (Tue)

10:46 am

The AUDUSD pair found buyers from the key support level of 0.7519 yesterday and then showed an upwar...

22 May 18 (Tue)

10:04 am

The USDCAD pair dropped the 1.2754 major support level.  As long as the price stays above 1.2754, on a daily basis, the bearish action may be limited...

22 May 18 (Tue)

09:45 am

The GOLD price found buyers from 1283 yesterday and then showed a bullish action. If th...

22 May 18 (Tue)

09:30 am

Sterling moved up as hawkish-sounding from the BOE MPC member Vlieghe. If the GBPUSD pa...

22 May 18 (Tue)

09:23 am

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