Market Notes


The GBPJPY pair moved up above 131.50 main support level. If the pair stays above 131.50 on a four hourly basis, the rise may gain more momentum and we will see 132.19 as a daily resistance level. On the downside, if the pair drops below 131.50, the next support level will be placed at 130.67.

19 May 20 (Tue)

06:55 am

The USDJPY pair jumped back up above the major level of 107.22. If the pair stays above 107.22 on a daily basis, we will see the resistance levels 107.52 and 107.82. On the other hand, if the pair drops below 107.22, the next support level will be placed at 106.98 again. Support : 107.22 -...

19 May 20 (Tue)

06:50 am

The GBPUSD pair showed an upward movement above the daily support level of 1.2205. As long as the price stays above 1.2205 on a daily basis, we will see the resistance levels at 1.2268 and 1.2364. On the other hand, if the price breaks down below 1.2205, the next support level will be at 1.2110.

19 May 20 (Tue)

06:47 am

The EURUSD pair jumped up above the 1.0806 main support level yesterday and then reached the 1.0930 main level. If the pair stays above 1.0930 on a four hourly basis, the rise may gain more momentum and we will see 1.0964 as a resistance level. In contrast, if the pair breaks down below 1.0930, t...

19 May 20 (Tue)

06:42 am

The DAX30 Index moved up above the main level of 10839. If the index stays above 10839 on a daily basis, we will follow a resistance level at 11416. On the other hand, if the index drops below 10839, the next daily support level will be placed at 10370. Support : 10839 - 10370 - 10021...

18 May 20 (Mon)

01:29 pm

The GBPJPY pair is currently trading above the 130.01 main support level. If the pair stays above 130.01 on a four hourly basis, the rise may gain more momentum and we will see 130.67 as a resistance level. On the other hand, if the pair falls below 130.01, the next support level will be placed a...

18 May 20 (Mon)

10:51 am

The DOW30 futures index showed an upward movement and reached to the main resistance level of 23934. If the index stays below 23934, the rise may be limited and the major support level can be found at 22601. On the other hand, if the index goes beyond 23934, we will see 24822 as a key resistance...

18 May 20 (Mon)

10:18 am

The USDCHF pair is now trading above the major support level of 0.9701. If the price stays above 0.9701 on a daily basis, we will see 0.9757 as a resistance level. On the downside, If the pair drops below 0.9701, we will see the next support level at 0.9656. Support : 0.9701 - 0.9656 - 0.9...

18 May 20 (Mon)

06:28 am

We will closely watch the 107.22 daily resistance level. As long as the pair stays below 107.22, on a daily basis, we will see 106.98 and 106.72 as support levels. In contrast, if the price rises above 107.22, the next resistance level will be at 107.52. Support : 106.98 - 106.72 - 106.41

18 May 20 (Mon)

06:19 am

The UK Unemployment Rate will be important for Sterling on Tuesday. It is expected to rise to 4.4% in March from 4.0% A higher than expected reading should be taken as negative for the Sterling. The UK CPI Inflation will also be an important release. The CPI measures the change in the price...

18 May 20 (Mon)

06:15 am

We are closely watching the 1.0806 daily support level in the EURUSD pair. As long as the price stays above 1.0806 on a daily basis, the fall may be limited and we will see 1.0876 as a resistance level. Otherwise, if the pair breaks down below 1.0806, we will follow 1.0728 as the next support lev...

18 May 20 (Mon)

06:12 am

Keep your eye on the 115.52 main support level on the EURJPY pair. As long as the pair stays above 115.52 on a four hourly basis, we will see the key resistance level at 116.44. On the downside, if the pair breaks down below 115.52, the next support level will be at 114.78. Support : 115.5...

15 May 20 (Fri)

07:12 am

The EURGBP pair is now trading above the 0.8846 daily support level. If the pair stays above 0.8846 on a daily basis, the upward movement may gain more momentum and we will see the 0.8893 resistance level. On the other hand, if the price drops below 0.8893, the next support level will be at 0.879...

15 May 20 (Fri)

06:35 am

The DAX30 index is now trading above the 10370 daily support level. If the index stays above 10370, on a daily basis, we might see an upward movement and we will watch 10839 as a resistance level. On the other hand, if the index drops below 10370, the next support level is holding at 10021.

15 May 20 (Fri)

06:34 am

The main support level of 1.2205 is critical in the GBPUSD pair. As long as the price stays above 1.2205 on a daily basis, we will see the resistance level at 1.2268. On the other hand, if the price breaks down below 1.2205, the next support level will be at 1.2110. Support : 1.2205 - 1.21...

15 May 20 (Fri)

06:23 am

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