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Daily Market News — June 25th 2019

In commodities, gold is looking bullish. Also, the safe haven currencies such as the yen and the franc are looking strong. The greenback remains bearish, caused by the dovish FOMC statement by the Fed from last week. The EUR/USD pair is looking bullish at the moment and has made a new 3-month highs. The resistance levels are 1.1477, 1.1540, and 1.1572. The support levels are 1.1375, 1.1312, and 1.1271. The USD/JPY pair is looking bearish and has […]

Daily Market News — June 24th 2019

In commodities, gold is looking bullish. The euro is also looking bullish. The greenback is bearish at the moment due to the dovish FOMC statement by the Fed last week. The EUR/USD pair is looking bullish at the moment and has reached a 3-month high. The resistance levels are 1.1397, 1.1477, and 1.1540. The support levels are 1.1312, 1.1271, and 1.1206. The USD/JPY pair is looking bearish, but the bearish momentum has slowed down at the moment, […]

Daily Market News — June 20th 2019

In commodities, gold is looking bullish. The pound and the yen are also looking strong. The FOMC statement released by the Fed yesterday was dovish and the greenback weakened. The EUR/USD pair has found support at 1.1251 and is looking bullish at the moment. The resistance levels are 1.1265, 1.1304, and 1.1397. The support levels are 1.1251, 1.1207, and 1.1181. The USD/JPY pair looks bearish due to the dovish FOMC statement released yesterday and tensions between the US […]

Daily Market News — June 19th 2019

In commodities, gold is looking bullish. The greenback, Australian dollar, and the British pound are also looking bearish. The EUIR/USD pair is looking bearish and is facing resistance at 1.1205. The resistance levels are 1.1205, 1.1251, and 1.1304. The support levels are 1.1161, 1.1030, and 1.0991. The USD/JPY pair is trading within a bearish trend. It is looking choppy and is unclear of direction at the moment. The resistance levels are 108.75, 109.07, […]

Daily Market News — June 18th 2019

In commodities, gold is looking bullish The Japanese yen and the greenback are also looking bullish. The pound, the Australian dollar, and the New Zealand dollar are looking bearish. The EUR/USD pair is range bound and a break above 1.1250 is considered bullish. The resistance levels are 1.1251, 1.1304, and 1.1397. The support levels are 1.1205, 1.1161, and 1.1030. The USD/JPY pair looks choppy at the moment and is not sure of a direction. However, the long-term […]

Daily Market News — June 17th 2019

In commodities, gold is looking bullish. The greenback and the yen are also looking strong. However, the commodity currencies like the Australian dollar and the New Zealand are looking bearish. The EUR/USD pair is looking bearish at the moment and is facing strong resistance at 1.1220. The resistance levels are 1.1224, 1.1248, and 1.1268. The support levels are 1.1161, 1.1030, and 1.0990. The USD/JPY pair is looking choppy and is in a range bound condition at the moment. […]

Daily Market News — June 13th 2019

The Japanese yen looks bullish. Commodities and commodity currencies are looking bearish. The EUR/USD pair looks slightly bullish and is unclear of direction at the moment. The resistance levels are 1.1397, 1.1477, and 1.1540. The support levels are 1.1225, 1.1220, and 1.1161. The USD/JPY pair looks bearish and choppy at the moment. The resistance levels are 108.56, 108.75, and 109.07. The support levels are 107.50, 106.02, and 103.80. The GBP/USD pair looks slightly bullish and is […]

Daily Market News — June 11th 2019

The Canadian dollar and the euro are looking bullish. The New Zealand dollar is looking bearish. The EUR/USD pair has found support at 1.1293 and is looking bullish at the moment. The resistance levels are 1.1397, 1.1477, and 1.1540. The support levels are 1.1293, 1.1225, and 1.1220. The USD/JPY pair has found support at 108.00 and is looking bullish at the moment. It looks likely to test resistance at 108.71. The resistance levels are 108.71, 109.07, […]

Daily Market News — June 10th 2019

The trading session has begun with the greenback showing signs of strength. The yen and the New Zealand dollar are looking bearish. The EUR/USD pair made a strong bullish move last week and it is testing 1.13 for resistance. The resistance levels are 1.1397, 1.1477, and 1.1540. The support levels are 1.1297, 1.1225, and 1.1220. The USD/JPY pair has found support at 108.00 and is likely to test resistance at 108.71. The resistance levels are […]

Daily Market News — June 6th 2019

The greenback has failed to recover. The New Zealand dollar looks strong. The EUR/USD pair has support at 1.1225 and is looking slightly bullish. The resistance levels are 1.1325, 1.1397, and 1.1477. The support levels are 1.1225, 1.1220, and 1.1161. The USD/JPY has found support at 108.00, but it faces strong resistance at 108.51. The sell-off in the stock market has caused the yen to appreciate. The resistance levels are 108.51, 108.73, and 109.87. The support […]

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