US News

No Sign Of Recovery As USDCHF Stays On The Low Level At 0.9680

Jan 15 2020 @ 00:29
USDCHF Price Analysis – January 14 At the time of composing, the FX pair was trading at 0.9683 level, dropping 0.25% per day after discovering support around 0.9670 level. The USDCHF pair recovered its daily losses and was last seen trading at 0.9683 level, where it remained virtually unchanged during the day. Key Levels Resistance […]
 

Annual Forecast for S&P 500 – 2020

Jan 15 2020 @ 00:17
S&P 500 chart (SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs. The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a […]
 

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

Jan 10 2020 @ 20:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
 

Bitcoin (BTC) Breaches More Resistances, Attempts To Terminate Downtrend

Jan 10 2020 @ 19:50
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]
 

Annual Forecast for Facebook (FB) – 2020

Jan 01 2020 @ 01:45
Facebook shares (NASDAQ:FB) are a bull market despite the current short-term weakness. The current bullishness started in October 2019, as price grinds higher and higher, albeit with low momentum. ADX 14 is at the level 20 (low momentum), and DM- is intertwined with DM+ as one is not clearly above the other. The market is […]
 

EURUSD Rallies Maintain Upside Momentum Close To The Price Level At 1.1200

Jan 01 2020 @ 01:16
EURUSD Price Analysis – December 30 The EURUSD pair spiked to the highest level since mid-August at the price level of 1.1211 and entered the consolidation phase. At the time of writing, the pair was ranging near the price level of 1.1200, adding 0.2% per day. Key Levels Resistance Levels: 1.1515, 1.1450, 1.1280 Support Levels: […]
 

USDCHF Market Activity Subdued Beneath 0.9833 Level

Dec 25 2019 @ 04:44
USDCHF Price Analysis – December 24 The USDCHF pair recorded a small daily gain on Monday and entered the consolidation phase on Tuesday, as the markets seem to be already in a festive mood. At the time of writing, the pair remained unchanged at 0.9817 level. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9876 Support Levels: […]
 

Guardian Stockbrokers Key Economic News Tuesday 24 December 2019

Dec 24 2019 @ 03:19
The key points from today’s economic news, brought to you by Guardian Stockbrokers. US durable goods orders surprisingly dropped in November In the US, the flash durable goods orders unexpectedly fell 2.00% on MoM basis in November. Durable goods orders had advanced 0.50% in the prior month. US Chicago Fed national activity index climbed in […]
 

Guardian Stockbrokers Key Economic News Monday 23 December 2019

Dec 23 2019 @ 03:21
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose in 3Q 2019 In the UK, the final gross domestic product (GDP) climbed 0.40% on a QoQ basis in 3Q 2019. In the prior quarter, GDP had recorded a drop of 0.20%. Euro-zone current account surplus expanded in October […]
 

Fall Reversal On The EURJPY After Tumbling Below The Key Technical Support Level At 120.35

Nov 04 2019 @ 03:48
EURJPY Price Analysis – November 1 EURJPY currency pair tumbled and breached a significant horizontal zone on the level at 120.35 during yesterday’s trading session. As for the near future, buyers on EURJPY may take the exchange rate back to the upside to retest the price level at 121.10/121.47 within this session or the following […]
 
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