Market Analysis – January 22nd GBPUSD market remains in a deadlock as bulls struggle. The GBPUSD market continues to remain in a state of deadlock, with bullish momentum kept at bay for weeks. This prolonged period of consolidation is a clear indication of the struggle faced by buyers. Since December, the buyers have been grappling […]
In EuropeThe week commenced at a slow yet generally positive pace, contrasting with a mixed Asia session. Chinese markets experienced a notable decline due to a failure to cut loan rates, impacting commodity prices. The Hang Seng, in particular, has slid further today and is currently down over 12% since the end of last year. […]
Market Analysis- January 20th USOil remains unyielding as the price lacks direction. The oil price refuses to launch forward. It has been another boring week for the US oil market, with the price remaining in consolidation. Traders on both sides have been silent due to the low impulse in the market. The bulls experienced some […]
Most of the prominent cryptocurrencies have failed to appear on this week’s lists of trending cryptocurrencies. In fact, it appears that the MANTA token has capitalized on initial hype, which has assisted it in reaching the top spot on this list. Meanwhile, MYRO seems to have moved two steps down to now occupy the fifth […]
In a week marked by robust U.S. economic performance, the dollar has continued its upward trajectory, showcasing resilience in contrast to its global counterparts. Central bankers’ cautious approach to rapid interest rate cuts has tempered market expectations, fostering the greenback’s ascent. Dollar Index Surges to 1.92% YTD The dollar index, a gauge measuring the currency […]
THIS IS YOUR GREAT TRADING SYSTEM “Bruce Lee once said, “I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” In this example, sticking to one strategy, even if suboptimal, is the man who has practiced one kick many, many times. The […]
Market Analysis – January 17th FTSE100 plummets as sellers show a stronger response. The bears have emerged as the dominant force, pulling the price lower. This week, the index price has exhibited strong volatility, with buyers pulling out of the market. Just last week, there was a struggle between market traders, with the bulls fixating […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis – January 17 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade’s bullish trend remains strengthened as the bulls target 151.900. The market is in […]
EURCHF Analysis – January 16 EURCHF is set for a fractal ascension as 2024 begins. The market has been in a downtrend since the breakout in July 2023. Presently, the prevailing trajectory of the market is characterized by a discernible descent. However, a new trend to the upside is highly probable. This solely depends on […]
