Market Analysis – January 15th GBPUSD price stays in a choppy stage as traders find it hard to strike a deal. Cable, as GBPUSD is commonly referred to, has failed to gain a solid flow since the beginning of the year. The market has been in a decisive state, with both buyers and sellers battling […]
.64100 Supply Zone" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/01/nu-1-395x244.png"/>
NZDUSD Analysis – January 14 NZDUSD rally projects into the $0.64100 supply zone. The Stochastic Oscillator indicated a shift in the market, with NZDUSD moving from the discount zone to the premium zone. This led to a buy-side liquidity grab and a massive crash in July 2023. Despite the consolidation at $0.62300, the market’s uptrend […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis – January 13 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade signals an increase in bullish momentum, with targets at the 147.300 price level. […]
In recent months, the British pound has been riding a wave of optimism against the US dollar, driven by market expectations of a potential interest rate cut by the US Federal Reserve. However, this bullish momentum might encounter hurdles as the United Kingdom grapples with its own economic and political challenges. The UK’s inflation rate, […]
Market Analysis – January 10th FTSE100 may set for more decline as sellers gain momentum. The index appears to be settling for a continued decline as sell traders regain control this week. There has been a notable attempt to sell through the significant level of 7633.900. If this breakthrough occurs, it could pave the way […]
The U.S. dollar flexed its muscles against the euro and the yen on Thursday, reaching a one-month peak against the Japanese currency. This surge followed the release of inflation data by the U.S. Bureau of Labor Statistics, defying market expectations and throwing the Federal Reserve’s interest rate cut plans into uncertainty. The Consumer Price Index […]
The Japanese yen experienced a sharp decline against the US dollar on Wednesday, nearing its January 5 low. This decline comes on the heels of the latest data revealing persistently stagnant wage growth in Japan throughout November, dashing hopes of some investors anticipating a tightening of monetary policy by the Bank of Japan (BoJ). Official […]
AUDJPY Analysis – January 10 AUDJPY price action keeps respecting Bullish Trendline. In June 2023, AUDJPY began a reversal to the upside, leading to a massive surge and invalidation of previous support at 91.800. Following a BOS (Break of Structure) at 97.700, the price hit 98.570 resistance, leading to a major retracement and a bullish […]
EURCHF Analysis – January 10 EURCHF eyes upward correction amidst the persistent bearish trend. The market’s current trading range lies between the swing high of 0.95450 and the swing low of 0.92440. EURCHF may undergo a significant upward correction before it hits the bearish order block. EURCHF Key Levels Demand Zones: 0.9410, 0.9300 Supply Zones: […]
