Market Notes


The DAX30 Index opened higher this week and moved up above the major support level of 13165. If the index sustains above 13165 on a daily basis, we will see the resistance level at 13299. On the other hand, if the index moved down below 13165, the next daily support level will be placed at 13011

23 Nov 20 (Mon)

08:00 am

Focus on the 123.14 main support level in the EURJPY pair. As long as the price stays above 123.14, we will follow the main resistance level at 124.24. On the downside, if the pair moves down below 123.14, the next major support level will be at 122.37. Support : 123.14 - 122.37 - 121.59

23 Nov 20 (Mon)

06:41 am

We are closely watching the 1.3071 main support level in the USDCAD pair. If the pair stays above 1.3071 on a daily basis, the daily resistance level can be seen at 1.3132. On the other hand, If the price drops below 1.3071, we will see the support level at 1.3009 Support : 1.3071 - 1.3009...

23 Nov 20 (Mon)

06:24 am

The GBPUSD pair has extended gains and moved up above the 1.3313 main support level. If the pair stays above 1.3313 on a daily basis, the rise may gain more momentum and the key resistance level can be seen at 1.3392. On the other hand, if the pair falls below 1.3313, the next support level is ho...

23 Nov 20 (Mon)

06:19 am

The Gold Price moved up above the 1873 main support level. As long as the price stays above 1873, on a four hourly basis, we will follow the resistance levels at 1904 and 1932. On the downside, if the price breaks down below 1873, the next support level will be at 1854. Support : 1873 - 18...

23 Nov 20 (Mon)

06:17 am

The EURUSD pair stayed above the 1.1819 daily support level last week. If the rise continues above 1.1819 on a daily basis, we will see the resistance levels at 1.2046 and 1.2214. On the other hand, if the price drops below 1.1819, the next support level will be at 1.1744. Support : 1.181...

23 Nov 20 (Mon)

06:12 am

Focus on the 1.3071 main support level in the USDCAD pair. If the pair stays above 1.3071 on a daily basis, the daily resistance level can be seen at 1.3132. On the other hand, If the price drops below 1.3071, we will see the support level at 1.3009. Support : 1.3071 - 1.3009 - 1.2942 ...

20 Nov 20 (Fri)

07:47 am

The GBPUSD pair showed an upward movement above the 1.3231 main support level. If the pair stays above 1.3231 on a four hourly basis, the key resistance level can be seen at 1.3313. On the other hand, if the pair falls below 1.3231, the next support level is holding at 1.3136. Support : 1....

20 Nov 20 (Fri)

06:40 am

Keep your eye on the 123.14 main support level in the EURJPY pair. As long as the price stays above 123.14, we will follow the main resistance level at 124.24. On the downside, if the pair moves down below 123.14, the next major support level will be at 122.37. Support : 123.14 - 122.37 -...

20 Nov 20 (Fri)

06:37 am

The Crude Oil Price showed an upward movement and moved up above the 40.70 major support level. As long as the price stays above 40.70 on a daily basis, we will face 43.88 as the main resistance level. On the downside, If the price drops below 40.70, the key support level can be found at 37.78.

20 Nov 20 (Fri)

06:29 am

We are closely watching the 0.8950 major level in the EURGBP pair. If the pair stays above 0.8950 on a daily basis, we will see the resistance levels at 0.8991 and 0.9026. On the other hand, if the price drops below 0.8950, the next support level will be at 0.8893. Support : 0.8950 - 0.889...

20 Nov 20 (Fri)

06:24 am

The EURUSD pair moved up above the daily support level of 1.1819. If the rise continues, we will see 1.2064 as a resistance level. On the downside, if the price falls below 1.1819, we will follow the next support level at 1.1744. Support : 1.1819 - 1.1744 - 1.1658 Resistance : 1.20...

20 Nov 20 (Fri)

06:21 am

The Silver Price is currently trading below the daily resistance level of 24.39. As long as the pair stays below 24.39, on a daily basis, we will see 21.26 as a support level. Otherwise, if the price rises above 24.39, the next resistance level can be seen at 27.87 Support : 21.26 -...

19 Nov 20 (Thu)

09:24 am

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

19 Nov 20 (Thu)

09:23 am

The EURJPY pair dropped below the main level of 123.14. If the pair stays below 123.14 on a four hourly basis, the selling pressure may continue and we will see the key support level at 122.37. On the other hand, if the currency goes beyond 123.14, the next resistance level is holding 124.24....

19 Nov 20 (Thu)

09:22 am

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