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BoE left policy rate and QE unchanged last week. BoE said that UK GDP is expected to have risen a little in 2020 Q4 to a level around 8% lower than in 2019 Q4. The impact of COVID measures is not expected to...
08 Feb 21 (Mon)
Focus on the 1.2046 main resistance level in the EURUSD pair. If the price stays below 1.2046, we will see the support level at 1.1994. On the upside, if the price goes beyond 1.2046, the daily resistance le...
The NZDUSD pair moved down below the 0.7219 main level. If the pair stays below 0.7219, on a daily basis, we will see 0.7061and 0.6936 as support levels. Otherwise, if the price rises above 0.7219, the next...
05 Feb 21 (Fri)
The USDJPY pair reached the main resistance level of 105.58. However, as long as the price stays below 105.58, on a daily basis, the rise may pause and we will follow 105.30 as a support level. On the other...
Pound climbed yesterday as BOE continues to play down negative rates expectations. Keep your eye on the main resistance level of 1.3688 in the GBPUSD pair. In order for the upward movement to gain more power...
The Gold Price dropped to the 1785 major support level. However, as long as the price stays above 1785 on a four hourly basis, the downward movement may be limited, we will follow the daily resistance level...
The US Dollar extended gains versus the Euro yesterday. If the EURUSD pair stays below 1.1994, on a four hourly basis, we will follow 1.1919 as a support level. Otherwise, if the price rises above 1.1994, th...
We are closely watching the 1805 main support level in the Gold Price. As long as the price stays above 1805, on a daily basis, the downward movement may be limited, we will see the daily resistance level at...
04 Feb 21 (Thu)
The Crude Oil Price is trading below the 56.40 resistance level. As long as the price stays below 56.40, on a four hourly basis, the upward movement may pause and we will face 54.68 as a support level. In co...
The USDCHF pair hit the 0.9002 daily resistance level. However, as long as the price stays below 0.9002, on a daily basis, the rise may pause and we will follow 0.8965 as a support level. On the other hand,...
The USDJPY pair extended gains above the daily level of 105.05. As long as the price stays above 105.05, on a daily basis, we will follow 105.30 and 105.58 as resistance levels. On the other hand, if the pr...
The US dollar traded near its strongest in more than two months against the euro as pessimism about the U.S. economic outlook receded before the release of important data on the jobs market. Focus on th...
The British pound held steady against the dollar ahead of a Bank of England policy meeting that will publish findings on the feasibility of negative interest rates. Keep your eye on the 1.3599 main supp...
We are closely watching the 0.7219 main support level in the NZDUSD pair. If the pair stays below 0.7219, on a daily basis, we will follow 0.7061 as a support level again. Otherwise, if the price rises above...
03 Feb 21 (Wed)
Focus on the 105.05 main resistance level in the USDJPY pair. If the pair stays below 105.05, on a daily basis, we will follow 104.75 as a support level again. Otherwise, if the price rises above 105.05, the...
The EURUSD pair is trading above the 1.1994 main support level. If the pair stays above 1.1994, on a four hourly basis, we will see 1.2046 as a resistance level. On the downside, if the price drops below 1.1...
The AUDJPY pair is now trading above the key level of 79.89. As long as the price stays above 79.89, on a four hourly basis, the rise may continue and we will follow 80.47 as a daily resistance level. On the...
The Brent Oil Price showed an upward movement since at the beginning of this week. Focus on the 57.61 daily support level. As long as the price stays above 57.61 on a daily basis, we will follow the resistan...
The EURJPY pair showed a downward movement below the 126.69 main resistance level. If the downward movement continues, we will see the support levels at 125.85 and 125.07. On the other hand, If the pair rise...
Gold Price is currently trading above the 1829 main support level. As long as the price stays above 1829, on a four hourly basis, we will see the daily resistance level at 1854. On the downside, if the price...
Focus on the 1.3599 main support level in the GBPUSD pair. As long as the pair stays above 1.3599 on a daily basis, the resistance level can be found at 1.3688 again. On the other hand, if the pair falls bel...
We are closely watching the main support level of 24.39 in the Silver Price. As long as the price stays above 24.39 on a daily basis, we will see 27.87 as a resistance level. Otherwise, if the price shows a...
28 Jan 21 (Thu)
The Crude Oil Price is now trading above the 52.19 major support level. If the price stays above 52.19, on a four hourly basis, we will face 53.51 as the main resistance level again. Otherwise, If the price...
The EURJPY pair moved up above the 125.85 main support level. If the upward movement continues, we will follow the key resistance level at 126.69. On the downside, if the pair drops below 125.85, the next ma...
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