Market Analysis – August 30 USOil (WTI) price has recently shown significant sensitivity to a bearish order block, which has played a crucial role in halting its upward momentum. As the price attempted to rise, it faced strong resistance at the 76.90 level, a key bearish order block formed during its previous decline. This resistance […]
Market Analysis – August 30 Gold market structure remains firmly bullish, as indicated by the consistent formation of higher lows. Recently, the price successfully broke above the resistance zone at 2483.0, marking a significant milestone in its upward movement. The market has since pulled back, using this previous resistance zone as a new support level. […]
Market Analysis – August 29 The FTSE 100 index, in August, experienced a sharp and volatile price crash. Within just three days, the market plunged nearly 6%, reflecting intense selling pressure. However, the market has since rebounded, forming a bullish market structure as it now targets the swing high that initially triggered the downturn, offering […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY pair has hit bearish exhaustion as it recovers above level 154.41. On August 5, bulls bought the dips and resumed their upward correction. The upward corrective encountered resistance at the 21-day SMA. On the […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY pair is moving above the support level of 158.00 and below the moving average lines as traders reach indecision. The 21-day SMA has further rejected the rising surge. The moving average lines, which indicate […]
Market Analysis – August 29 The US 30 market recently experienced a significant downturn, dropping nearly 7%. A sudden surge in the volume indicator signaled substantial shorting activity by large market participants. However, the market has since shown resilience, climbing back above the swing high that initially triggered the decline. The focus now shifts to […]
Market Analysis – August 30 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade pair experienced significant volatility in July, culminating in a sharp price crash. The pair broke below a key bullish trendline on the daily chart, triggering a downward spiral. After briefly […]
Market Analysis – August 21 The US 30 index has initiated a strong bullish push by targeting the liquidity-rich regions beneath the key order blocks around $36,169.0. The price is currently advancing toward relative equal highs on the daily chart, where a significant liquidity pool resides, attracting further buying interest. US 30 Key Levels Demand […]
Market Analysis – August 21 The Gold market has reached a significant milestone this week by establishing a new all-time high (ATH), indicating continued strength in the precious metal. After several days of price retracement, the price finally broke through the previous ATH of 2483.80, which was set in July. This upward momentum pushed gold […]
