The event of major importance will take place on Thursday. The ECB Governing Council is holding a policy meeting. The market does not expect any changes in monetary policy because long ago Mario Draghi announced the plans to put the key policy rate on hold until mid-2020. Nevertheless, the ECB officials sometimes drop hints that QE program could be resumed....
The British Pound (GBP) playing critical levels because of Brexit risks and political uncertainty surrounding the UK Prime Minister election. GBP weakness was once again reflected by another week of downside in spot GBPUSD and upside in spot EURGBP. Price near the major resistance level 0.9040/90 level multi-month Pin bar but alternative Pound strong under...
The British Pound (GBP) playing critical levels because of Brexit risks and political uncertainty surrounding the UK Prime Minister election. GBP weakness was once again reflected by another week of downside in spot GBPUSD and upside in spot EURGBP, This week Pound HIGH RISK as New PM, Not sure how the market reacts with this news could be positive or negative,...
USDCAD has edged lower over the last several weeks after printing its recent top of 1.3517 on May 31. since price holds 2012 Trendline and Major support 1.3020, price keep moving (100 pips arrange 1.3025 to 1.3125). Daily base Price looking bullish towards resistance level 1.3140 if the price breaks out then next key resistance 1.3265, last week CAD retail data...
The buyers are protecting the $0.3000 territory, however now stubborn resistance see at $0.3800-0.4000 capping the bulls.
GBPUSD he market is under bearish pressure at 27-month lows because of the uncertainty of new pm and Brexit. Investor are waiting for positive news of the deal and new PM, Yesterday Job data was good as well but pound under pressure because of support level was broken 1.2450 and key support level 1.2380. As bears broke below 1.2485 support, the next targets can be...
Yesterday, Cad central bank put some neutral comments but overall USDCAD oversold condition and holding major support level 1.3055. near-term expecting some correction upside towards resistance 1.3140 and breaking through 1.3145 open upsides 1.3210 key resistance level. Alternative Oil hit key resistance level 60.25 also oil need correction downside towards 58 to 57 level.
Hi, I have attached some screenshot you can have a look for more ideas. Please like, share/follow us and get daily/weekly/ monthly Analysis. If you like the idea, please push like and subscribe, it motivates me to post ideas more often. Monthly base Analysis: Bitcoin (BTC) has rebounded above trend and the bulls are currently attempting to scale above the...
USD/CHF technical analysis: Bulls wait for a breakthrough 0.9930 resistance and strongly looking next resistance 1.0100. last NFP data beat market expectation, Coming days $ get strong. prntscr.com Support Levels: S-1 = 0.9840 S-2= 0.9700 Resistance Level: R-1 =0.9950 R-2 =0.0100
XRP once crossed 0.50 USD in the Bull Run, BTC did a good job and hit 13,800 if we saw history XRP always pump hard once BTC stable price. This impacted XRP in a way that it even went below its major support level; however, the coin did try to bounce back but couldn’t really rise above 0.48 USD, the highest recorded price of the week ago touch 0.50 but Uturn....
small correction upside but staying at lower as demand very low