Market Notes


Traders are monitoring the impact of omicron on the economic recovery. The U.K. will not tighten restrictive measures before the end of the year despite the number of surging cases The Gold Price rose above the 1805 major support level. As long as the price stays above 1805 on a four-h...

28 Dec 21 (Tue)

05:39 am

Keep your eye on the 153.78 main support level in the GBPJPY pair. If the pair stays above 153.78, on a four hourly basis, will follow 156.50 as a resistance level. Otherwise, if the price drops below 153.78, the next support level will be at 150.86 Support : 153.78 - 150.86 - 148.95...

28 Dec 21 (Tue)

05:33 am

As the worst fears of the impact of the new variant have subsided, investors have been returning to risk assets As long as the GBPUSD pair stays above 1.3392, on a four hourly basis, we will follow 1.3517 and 1.3599 resistance levels. Otherwise, if the price drops below 1.3392, the nex...

28 Dec 21 (Tue)

05:25 am

The safe-haven U.S. dollar remained near toward the bottom end of its recent trading range, even as a hawkish tilt by the U.S. Federal Reserve at its latest policy meeting earlier in the month The EURUSD pair is now trading above 1.1307 key support level. As long as the pair stays abov...

28 Dec 21 (Tue)

05:19 am

The Omicron variant of Covid-19 is proving milder than previous variants, or at least poses less risk of hospitalization, the holiday weekend was a reminder of the havoc the virus can still cause on the economy. As long as the GOLD price stays above 1805 on a four-hourly basis, we will...

27 Dec 21 (Mon)

03:19 pm

Flight cancellations over Christmas revived concerns that the Omicron coronavirus variant could slow the economy heading into the new year. The EURUSD pair moved up above 1.1307 key support level. As long as the pair stays above 1.1307, on a four-hourly basis, we will face 1.1365 as t...

27 Dec 21 (Mon)

03:14 pm

The US dollar was down on Monday, with investors towards riskier assets as fears of the omicron COVID-19 variant virulence continue to fade As long as the USDCHF pair stays below 0.9186 on a four hourly basis, we will see support level at 0.9130. On the other hand, If the pair drops be...

27 Dec 21 (Mon)

03:14 pm

Flight cancellations over Christmas revived concerns that the Omicron coronavirus variant could slow the economy heading into the new year. The EURUSD pair moved up above 1.1307 key support level. As long as the pair stays above 1.1307, on a four-hourly basis, we will face 1.1365 as t...

27 Dec 21 (Mon)

03:10 pm

The Gold Price moved up above the 1805 major support level. As long as the price stays above 1805 on a four-hourly basis, we will see the daily resistance level at 1829. On the downside, if the price breaks down below 1805, the next support level will be at 1785 Support : 1805 - 1785 - 176...

27 Dec 21 (Mon)

05:59 am

Focus on the 129.33 main support level in the EURJPY pair. As long as the price stays above 129.33 on a daily basis, we will follow the key resistance level at 130.23. On the downside, if the pair drops below 129.33, the next major support level will be at 128.39 Support : 129.33 - 128.39...

27 Dec 21 (Mon)

05:54 am

Keep your eye on the 1.3392 main support level in the GBPUSD pair. As long as the pair stays above 1.3392, on a four hourly basis, we will follow 1.3517 and 1.3599 resistance levels. Otherwise, if the price drops below 1.3392, the next resistance level will be at 1.3313. Support : 1.3392 -...

27 Dec 21 (Mon)

05:45 am

The EURUSD pair rose above 1.1307 main level. As long as the pair trades above 1.1307, on a four-hourly basis, we will face 1.1365 as the resistance level. On the upside, if the price drops below 1.1307, the next support level will be at 1.1237 Support : 1.1307 - 1.1237 Resistance...

27 Dec 21 (Mon)

05:41 am

We are closely watching the 153.78 main resistance level in the GBPJPY pair. If the pair stays below 153.78, on a four hourly basis, we will follow 150.86 as a support level. Otherwise, if the price rises above 153.78, the next resistance level will be at 156.50 Support : 150.86 - 148.95 -...

24 Dec 21 (Fri)

02:27 pm

The US dollar was flat today after encouraging signs from the pandemic revived global risk appetite, supporting higher yielders. As long as the EURUSD pair trades above 1.1307, on a four-hourly basis, we will face 1.1365 as the resistance level. On the upside, if the price drops below...

24 Dec 21 (Fri)

02:23 pm

We are closely watching the 129.33 main support level in the EURJPY pair. As long as the price stays above 129.33 on a daily basis, we will follow the key resistance level at 130.23. On the downside, if the pair drops below 129.33, the next major support level will be at 128.39 Support : 1...

24 Dec 21 (Fri)

05:24 am

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