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Euro News
Annual forecast for BP. Plc (2021)
03 Jul 2021 @ 21:44
BP. stock (LSE:BP.) is essentially bullish, albeit moving upwards slowly and steadily. The market has been caught in the current bullish trend since February 2021, following a massive sell-off. The uptrend has been in place since then. Price has managed to remain above the EMA 21, and the William’s % Range period 20 is not […]
EURJPY Extends Bounce As Further Gains Lie Above 132.00 Level
01 Jul 2021 @ 18:24
EURJPY Price Analysis – July 1 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key Levels Resistance Levels: 133.50, 133.00, 132.50 Support Levels: 13200, 131.50, 131.00 EURJPY Long term Trend: […]
Gold (XAUUSD) Is in an Impressive Bullish Run, Pauses above $1,890
08 Jun 2021 @ 01:31
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will […]
XAGUSD Pair Buyers Look for Bullish Continuation
08 Jun 2021 @ 01:19
XAGUSD Price Analysis – June 7 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up […]
EURUSD Indecisive Market Lacks Follow-Through Buying
06 Jun 2021 @ 18:41
EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]
USDCHF Buyers Smash Through Daily Resistance of 0.9150 on Wide Range Strengthening of US Dollar
06 May 2021 @ 22:16
USDCHF Price Analysis – May 5 During the European session, the USDCHF brings the buyers’ interest to the test, with the possibility of a recovery from the downside pressure to crack the sellers’ grasp. As technicals reveal a dominant selling side, buyers smashed through the barrier at 0.9150. The dollar is being boosted by expectations […]
Silver Price: XAGUSD Reverses From Daily Highs, As Further Weakness Stays in Focus
29 Apr 2021 @ 15:02
XAGUSD Price Analysis – April 29 After failing to consolidate the prior week’s high at $26.30, Silver (XAG) has dropped back towards the $26.00 level with Friday’s close of $25.85 level. A sharp rise in US Treasury bond yields appears to be putting pressure on the white metal. From the last session, the benchmark 10-year […]
Annual forecast for FTSE 250 (2021)
14 Apr 2021 @ 11:59
FTSE 250 market (FTSE:MCX) is really pulling its weight; in that it has been going upwards in the last several month, and the market bias remains bullish. From November 2020 until now, price has been making a series of high highs and higher lows. The market has currently broken outside the upper Trendline, going further […]
GBP/USD Continues Downtrend After Rejection at Level 1.3900
14 Apr 2021 @ 00:20
GBP/USD Continues Downtrend After Rejection at Level 1.3900 Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD has been in a downward move after its rejection from level 1.4200. After the initial fall, the Pound is making a series of lower highs and lower lows. On March 5, […]
EURUSD Upside Run Recedes Under 1.1900 Level, Dollar Begins the Week on a Strong Note
14 Apr 2021 @ 00:07
EURUSD Price Analysis – April 13 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key Levels Resistance Levels: 1.2190, 1.2050, 1.1952 Support Levels: […]
