Market Analysis – July 10 The Gold market witnessed a bearish shift in structure after reaching the swing high of 2450.0. The subsequent price decline halted at the demand zone of 2307.0, where a double bottom bullish reversal pattern formed. The neckline of this pattern has been surpassed, signaling a bullish recovery. Gold Key Levels […]
Market Analysis – July 10 The FTSE 100 market has transitioned from a trending phase to a consolidation phase. The range formed on the daily chart has taken the shape of a descending triangle, indicating a potential breakout on either side of the market. FTSE 100 Key Levels Demand Levels: 8110.0, 7920.0Supply Levels: 8322.0, 8480.0 […]
Market Analysis – July 10 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has displayed consistent price action, forming fluctuations within a bullish parallel channel on the daily chart. Both borders of the parallel channel have shown sensitivity with price reversals at each test […]
Market Analysis – July 10 EURCHF price has ascended into a bearish mitigation block on the daily chart, terminating at the mid-range of the last bearish displacement from 0.9930 to 0.9480. This bearish mitigation block is currently resisting the upward movement, as expected. EURCHF Key Levels Demand Levels: 0.9600, 0.9440 Supply Levels: 0.9880, 1.0040 EURCHF […]
Market Analysis – July 10 AUDJPY’s price continues to rise rapidly, with the daily chart showing a relentless uptrend that leaves little room for pullbacks, making it challenging to find entry points. Fair value gaps remain unfilled, and order blocks are not mitigated as the price soars toward the psychological level of 110.0. Significant Price […]
Market Analysis – July 9 The GBPUSD pair surged towards the swing high of 1.2860 but encountered resistance at a fair value gap of 1.2810. This resistance has led to a pullback in price on the daily chart. The price rise of GBPUSD was halted just before reaching the swing high of 1.2860. The reason […]
EUR/JPY Significant LevelsResistance Levels: 174.00, 175.00, and 176.00Support Levels: 160.00, 159.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair maintains a strong trend as it reaches the forecast price of 175.27. The increasing trend has temporarily paused at the current high. The Yen returned to its low of 173.51 and began its upward movement. On […]
Market Analysis – July 10 NZDUSD price ascent paused at the resistance level of 0.6180. The market structure turned bearish as the price declined, seeking support at the breaker block of 0.6050. However, the market has recently shown bullish signs, indicating a potential continued uptrend. NZDUSD Key Levels Demand Levels: 0.6050, 0.5990, 0.5860 Supply Levels: […]
Market Analysis – July 9 The Nasdaq 100 has exhibited a pronounced upward trajectory, as evidenced by the recent breach of the previous swing high at 20,097.0 on the daily chart. This movement has been supported by the formation of a bullish order block at the point of the current bullish structure break. Such a […]
