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AUDJPY Price Finds Support on Bullish Trendline

AUDJPY Price Finds Support on Bullish Trendline

Market Analysis – June 13 The AUDJPY pair fluctuated within a parallel channel from December until May. In May, a breakout propelled the price beyond the upper boundary of this channel. Currently, the price has retraced to the resistance border of the channel to find support, suggesting a potential continuation of the uptrend. AUDJPY Key […]

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Gold (XAUUSD) Continues to Oscillate in a Range

Gold (XAUUSD) Continues to Oscillate in a Range

Market Analysis – June 13 Gold (XAUUSD) appears to have lost its bullish momentum, transitioning from a strong uptrend to a consolidation phase. Since April, the price has been oscillating between the upper boundary of 2,430.0 and the lower boundary of 2,280.0. Gold Key Levels Demand Levels: 2,280.0, 2,195.0, 2,074.0 Supply Levels: 2,431.0, 2,500.0, 2,600.0 […]

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Nasdaq (NAS100) Aims for 20000.0

Nasdaq (NAS100) Aims for 20000.0

Market Analysis – June 13 The Nasdaq Composite Index has recently surged past 19,000, signalling a strong bullish trend. Following a decisive breakout above 18,948.0, the upward momentum briefly paused, indicated by two small bearish candles. However, the index has since regained its strength, with larger daily bullish candles propelling it toward the 20,000.0 level. […]

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EURCHF Bearish Momentum Increases as Price Drives Towards 0.9570

EURCHF Bearish Momentum Increases as Price Drives Towards 0.9570

Market Analysis – June 11 The EURCHF market direction has shifted as the price failed to sustain above the demand level of 0.9760. The early indication of a potential reversal was the failure of the bullish trendline to maintain its uptrend. Currently, the price is descending rapidly towards the swing low of 0.9570. EURCHF Key […]

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NZDUSD Price Dips into Oversold Levels within Bullish Trend

NZDUSD Price Dips into Oversold Levels within Bullish Trend

Market Analysis – June 11 NZDUSD recently breached the resistance level at 0.6180, continuing its bullish trend. However, the Stochastic indicator indicated that the price had reached overbought conditions at this resistance zone. As a result, the price has since retraced to the bullish order block above 0.6080. NZDUSD Key Levels Demand Levels: 0.6080, 0.6000, […]

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US 30 Dips into Discount Zones on Bullish Displacement

US 30 Dips into Discount Zones on Bullish Displacement

Market Analysis – June 11 US 30 exhibited a bearish trend, marking an impulsive correction within the broader bullish trend in April. However, at the start of May, a failed low on the daily chart signalled the resumption of the uptrend, culminating in a new high that reinforced the bullish outlook. Recently, the market has […]

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USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Forms Double Bottom Pattern in Preparation for Bullish Continuation

USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Forms Double Bottom Pattern, Poised for Bullish Continuation

Market Analysis – June 11 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade price action features a rising wedge on the daily chart. After a bullish breakout in late April, the price has retraced back into the wedge, yet the structure remains supportive […]

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