Market Notes


The EURUSD pair showed an upward movement and moved up above the 1.1819 daily support level. If the pair stays above 1.1819 on a daily basis, the rise may continue and 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 leve...

06 Nov 20 (Fri)

06:59 am

Ahead of the U.S. Nonfarm Payrolls, the GBPUSD pair is now trading below the main resistance level of 1.3136. If the pair stays below 1.3136, we will see 1.3046 as a support level. Otherwise, if the price rises above 1.3136, the next resistance level can be seen at 1.3231 Support : 1.3046...

06 Nov 20 (Fri)

06:58 am

Focus on the 0.7195 main support level in the AUDUSD pair. As long as the price stays above 0.7195, on a four hourly basis, the daily resistance level can be found at 0.7328. On the downside, if the price drops below 0.7195, the next support level is holding at 0.7164. Support : 0.7195 - 0...

05 Nov 20 (Thu)

12:15 pm

The Brent Oil Price showed an upward movement above the 39.58 key support level. If the rise continues, we will follow the major resistance level at 42.67. On the other hand. If the price drops below 39.58, the next daily support level will be placed at 36.56 Support : 39.58 - 36.56 - 33....

05 Nov 20 (Thu)

11:43 am

The USDCAD pair is now trading above the 1.3123 main support level. If the pair stays above 1.3123 on a four hourly basis, the daily resistance level can be seen at 1.3181. On the other hand, If the price drops below 1.3123, we will see the support level at 1.3071 Support : 1.3123 - 1.3071...

05 Nov 20 (Thu)

07:50 am

Focus on the 1904 main support level in the Gold Price. As long as the price stays above 1904, on a four hourly basis, we will see the daily resistance level at 1932. On the downside, if the price breaks down below 1904, the next support level will be at 1873. Support : 1904 - 1873 - 1854

05 Nov 20 (Thu)

07:37 am

We are closely watching the 0.6673 daily support level in the NZDUSD pair. As long as the pair stays above 0.6673 on a daily basis, we will follow 0.6728 as the key resistance level. Otherwise, if the price falls below 0.6673, we will see the next support level at 0.6611. Support : 0.6673...

05 Nov 20 (Thu)

07:24 am

Ahead of Bank of England Rate Decision, focus on the 135.15 key support level in the GBPJPY pair. As long as the pair stays above 135.15 on a four hourly basis, we will follow 136.01 as a resistance level. On the other hand, if the pair drops below 135.15, the next support level will be placed at...

05 Nov 20 (Thu)

06:44 am

Ahead of BoE Interest Rate Decision, the GBPUSD pair is trading above the 1.2947 main level. If the price stays above 1.2947, on a four hourly basis, we will see the key resistance level at 1.3046 again. On the other hand, if the price drops below 1.2947, the next daily support level is holding a...

05 Nov 20 (Thu)

06:40 am

The EURUSD pair is currently trading below the 1.1744 key level. If the pair stays below 1.1744, we will follow the support level at 1.1658 and 1.1589 again. On the upside, if the pair rises above 1.1744, the next resistance level can be found at 1.1819. Support : 1.1658 - 1.1589 - 1.1507

05 Nov 20 (Thu)

06:30 am

The USDCAD pair dropped to the main support level of 1.3233. However, if the pair stays above 1.3233 on a four hourly basis, we will follow 1.3287 as a daily resistance level again. Otherwise, If the price drops below 1.3233, we will face the main support level at 1.3181. Support : 1.3233...

04 Nov 20 (Wed)

09:24 am

Focus on the 39.58 daily support level in the Brent Oil Price. If the price stays above 39.58 on a daily basis, we will follow the major resistance level at 42.67. On the other hand. If the price drops below 39.58, the next daily support level will be placed at 36.56 Support : 39.58 - 36....

04 Nov 20 (Wed)

07:47 am

Gold price is trading below the 1904 major resistance level. If the price stays below 1904, on a four hourly basis, the fall may gain more momentum and we will follow 1873 as a key support level. Otherwise, if the price rises above 1904, the next daily resistance level can be found at 1932

04 Nov 20 (Wed)

06:45 am

The GBPUSD pair showed an upward movement above the 1.2947 key support level after a sharp fall in the Asian Trading Session. If the rise continues above 1.2947, we will see the key resistance level at 1.3046 again. On the other hand, if the price drops below 1.2947, the next daily support level...

04 Nov 20 (Wed)

06:36 am

The US dollar was up on Wednesday morning in Asia, continuing its gains as polls close on election day in the U.S., with investors turning to the safe-haven asset as results from eastern states start coming in. The US race for the presidency is continuing. It seems likely that we may have to...

04 Nov 20 (Wed)

06:33 am

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