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The US Non-Farm Payrolls What to Expect All eyes will be on the US Non-Farm payrolls in few hours to come The US jobs Reports will be released at 12.30 p.m (GMT) Why is this important? The Non-Farm Payrols track the change in the number of people employed in the US in Manufacturing...

GBPJPY 2020-08-05 The GBPJPY pair is now trading above the 138.25 key support level. As long as the pair stays above 138.25 on a four hourly basis, the rise may gain more momentum and we will follow 139.24 as resistance level. On the other hand, if the pair falls below 138.25, the next support...

USDJPY 2020-08-05 The USDJPY pair is now trading above the daily level of 105.58. As long as the price stays above the 105.58, on a daily basis, the downward movement may be limited and we will follow 105.84 as resistance level again. On the other hand, if the price drops below 105.58, the...

GBPUSD 2020-08-05 The GBPUSD pair moved back up above the 1.3046 daily support level. If the pair stays above the 1.3046, on a daily basis, we will follow the resistance levels at 1.3136 and 1.3231. On the downside, if the pair drops below 1.3046, we will see the next support level at 1.2947...

EURUSD 05/08/2020 The EURUSD pair reached the daily resistance level of 1.1819. In order for the rise to gain more momentum, it needs to break out and stay above 1.1819 on a daily basis. in this case, the next resistance level will be placed at 1.2046. Otherwise, the main support level will be...

Gold prices continue to rise and are poised to test all-time highs! The dollar continues to slide which paved the way for higher gold prices. The US yields also continued to move lower. US jobless rose more than expected putting upward pressure on gold prices. GOLD [XAU/USD]