Market Notes


The Crude Oil Price is currently trading above the 58.95 daily support level. As long as the price stays above 58.95 on a daily basis, we will face 60.20 as a resistance level again. On the downside, if the pair drops below 58.95, the next support level can be found at 57.98. Support : 58....

07 Apr 21 (Wed)

06:41 am

Focus on the daily support level of 1.3784 in the GBPUSD pair. As long as the price stays above 1.3784 on a four-hourly basis, we will see 1.3883 as the resistance level. Otherwise, if the pair drops below 1.3784, we will follow the next support level at 1.3688. Support : 1.3784 - 1.3688 -...

07 Apr 21 (Wed)

06:39 am

We are closely watching the 1736 main support level in the Gold Price. As long as the price stays above 1736, on a four-hourly basis, we will see the daily resistance level at 1745. On the downside, if the price breaks down below 1736, the next support level will be at 1722. Support : 1736...

07 Apr 21 (Wed)

06:34 am

The US Dollar was down yesterday as U.S. bond yields fell and investors retreated from aggressive expectations that the U.S. Federal Reserve will tighten its policy earlier than expected. The EURUSD pair is now trading above the 1.1867 main support level. As long as the pair stays above 1.18...

07 Apr 21 (Wed)

06:32 am

The Brent Oil Price moved back up above the main support level of 63.13. As long as the price stays above 63.13 on a four-hourly basis, we will watch 64.73 as a resistance level. On the other hand, if the price falls below 63.13, the next support level can be found in 61.69. Support : 63.1...

06 Apr 21 (Tue)

09:27 am

The EURGBP pair is now trading above the 0.8488 daily support level. As long as the pair stays above 0.8488 on a daily basis, we will see the resistance levels at 0.8535 and 0.8626. On the other hand, if the price drops below 0.8488, the next support level will be at 0.8433. Support : 0.84...

06 Apr 21 (Tue)

06:43 am

The Crude Oil Price is now trading above the 58.95 major support level. As long as the price stays above 58.95 on a daily basis, we will face 60.20 as a resistance level again. On the downside, if the pair drops below 58.95, the next support level can be found at 57.98. Support : 58.95 - 5...

06 Apr 21 (Tue)

06:20 am

Focus on the 1736 main support level in the Gold Price. As long as the price stays above 1736, on a four-hourly basis, we will see the daily resistance level at 1745. On the downside, if the price breaks down below 1736, the next support level will be at 1722. Support : 1736 - 1722 - 1711

06 Apr 21 (Tue)

06:14 am

The GBPUSD pair moved up above the main support level of 1.3883. As long as the price trades above 1.3883 on a four-hourly basis, we will see 1.4005 as the resistance level. Otherwise, if the pair drops below 1.3883, we will follow the next support level at 1.3784. Support : 1.3883 - 1.378...

06 Apr 21 (Tue)

06:11 am

The US Dollar fell sharply against its rivals Monday, paced by declining U.S. bond yields. The EURUSD pair is now trading below 1.1819 main resistance level. As long as the EURUSD pair trades below 1.1819, on a four-hourly basis, we will follow 1.1744 and 1.1658 as the main support level. On the...

06 Apr 21 (Tue)

06:10 am

The USDJPY pair showed a downward movement below the main resistance level of 110.93. As long as the price stays below 110.93, on a daily basis, we will follow 110.36 and 109.72 as a support level. On the other hand, if the price goes beyond 110.93, the key resistance level can be found at 111.52...

05 Apr 21 (Mon)

08:37 am

Focus on the main support level of 63.13 in the Brent Oil Price. As long as the price stays above 63.13 on a four-hourly basis, we will watch 64.73 as a resistance level. On the other hand, if the price falls below 63.13, the next support level can be found in 61.69. Support : 63.13 - 61.6...

05 Apr 21 (Mon)

08:26 am

The GBPUSD pair is moving up towards the 1.3883 main resistance level. However, as long as the pair stays below 1.3883, on a four-hourly basis, the rise may be limited, we will follow 1.3784 as a daily support level again. Otherwise, if the price rises above 1.3883, the next daily resistance leve...

05 Apr 21 (Mon)

08:25 am

Keep your eye on the 1722 main support level in the Gold Price. As long as the price stays above 1722, on a daily basis, we will see the daily resistance levels at 1736 and 1745. On the downside, if the price breaks down below 1722, the next support level will be at 1711. Support : 1722 -...

05 Apr 21 (Mon)

08:22 am

The US Dollar rose last week, posting its third straight weekly gain after data showed the US economy created more jobs than expected in March, suggesting it is on a steady path to recovery from the pandemic. Now we will focus on the 1.1744 main support level in the EURUSD pair. If the pair...

05 Apr 21 (Mon)

08:21 am

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