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Daily Market News — August 22nd 2019

The New Zealand dollar and the euro are looking bearish. The greenback is looking little bullish. The EUR/USD pair is looking bearish as it broke below the 1.0961 level. The resistance levels are 1.1092, 1.1117, and 1.1163. The support levels are 1.1030, 1.0990, and 1.0961. The USD/JPY is range bound and is trading between the 105.69 and the 1.06.73 level. There is a formation of a bearish wedge pattern on the daily chart. The resistance levels are […]

Daily Market News — August 21st 2019

The New Zealand dollar and the euro are looking weak. The greenback is showing some signs of bullishness. The EUR/USD pair has broken the resistance at 1.1088 and is looking slightly bullish at the moment. The resistance levels are 1.1117, 1.1163, and 1.1198. The support levels are 1.1088, 1.1030, and 1.0990. The USD/JPY pair is range bound and trading between the 105.69 and the 106.73 level. The resistance levels are 106.73, 107.21, and 107.26. The support levels are […]

Daily Market News — August 20th 2019

The US dollar is looking slightly more bullish and the euro looks bearish. The EUR/USD pair is looking bearish and it looks likely to test the support at the 1.10 level. The resistance levels are 1.1090, 1.1117, and 1.1163. The support levels are 1.1030, 1.0990, and 1.0961. The USD/JPY pair is unable to break the resistance at 106.73. The resistance levels are 108.73, 107.21, and 107.28. The support levels are 108.48, 106.21, and 105.69. The GBP/USD pair […]

Daily Market News — August 19th 2019

The euro and the New Zealand dollar are looking bearish. The pound is going through a recovery and is looking bullish at the moment. The EUR/USD pair fell below strongly and looks likely to test the 1.11 level for support. The resistance levels are 1.1117, 1.1163, and 1.1198. The support levels are 1.1030, 1.0990, and 1.0961. The USD/JPY pair is looking slightly bullish and is trading above the 106.21 level. The resistance levels are 106.73, 107.21, […]

Daily Market News — August 15th 2019

In commodities, gold is looking bullish. The US stock market is looking bearish. Also, the Canadian dollar, and the pound are looking weak. The EUR/USD pair is looking very bearish as it broke below the 1.1164 support level. The resistance levels are 1.1163, 1.1198, and 1.1244. The support levels are 1.1117, 1.1030, and 1.0990. The USD/JPY pair is going through a consolidation at the moment and is testing the 105.69 for support. The resistance levels […]

Daily Market News — August 14th 2019

The greenback and the US stock market are looking strong. The pound looks very weak at the moment. The EUR/USD pair is trading within a consolidation zone with the 1.1163 level offering support and the 1.1250 level offering resistance. The resistance levels are 1.1198, 1.1244, and 1.1279. The support levels are 1.1163, 1.1117, and 1.1030. The USD/JPY is going through a recovery phase and is rising at the moment. The resistance levels are 106.73, 107.21, and 107.26. […]

Daily Market News — August 13th 2019

Precious metals like gold and the yen are looking bullish. The pound and the New Zealand look very bearish at the moment. The EUR/USD pair is range bound and trading between the 1.1244 and the 1.1163 level. The resistance levels are 1.1244, 1.1279, and 1.1317. The support levels are 1.1163, 1.1117, and 1.1030. The USDJJPY pair is trading below the resistance level of 105.69 and is looking bearish at the moment. The resistance levels are 105.69, 105.83, and 106.30. […]

Daily Market News — August 12th 2019

The Swiss franc, the yen, and the euro are looking bullish. The pound looks extremely bearish at the moment. The EUR/USD pair is going through a consolidation at the moment with 1.1250 as the top and 1.1163 as the bottom. The resistance levels are 1.1244, 1.1279, and 1.1317. The support levels are 1.1163, 1.1117, and 1.1030. The USD/JPY pair is looking bearish and is facing resistance at 105.83. The resistance levels are 105.83, 106.30, and 106.73. The support levels are 103.80, […]

Daily Market News — August 8th 2019

The precious metals like gold and the euro are looking bullish. The Canadian dollar is looking bearish at the moment. The EUR/USD pair is range bound at the moment facing resistance at 1.1163 and support at 1.1250. The resistance levels are 1.1244, 1.1279, and 1.1317. The support levels are 1.1163, 1.1117, and 1.1030. The USD/JPY pair looks very bearish and faces strong resistance at 106.30. The resistance levels are 106.30, 105.73, and 107.21. The support levels are […]

Daily Market News — August 7th 2019

China has devalued its currency and it has caused the gold to rise to a new 6-year high. However, the Australian dollar fell to a new 10-year low. The EUR/USD pair is in consolidation at the moment with 1.1163 as top and 1.1250 as bottom. The resistance levels are 1.1244, 1.1279, and 1.1317. The support levels are 1.1163, 1.1117, and 1.1030. The USD/JPY pair is hovering above the 106.00 level and is facing resistance at 106.73. The resistance levels […]

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