Market Analysis – April 29 In the ongoing AUDJPY market dynamics, bullish sentiment remains resolute, with the Australian Dollar asserting its dominance over the Japanese Yen. Institutional order flow underscores a period characterized by notable volatility and a prevailing bullish trajectory. This trading week has witnessed a significant bullish breakout from a parallel channel, further […]
Market Analysis – April 29 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade currency pair has recently undergone a notable bullish breakout from a rising wedge pattern observed on the daily chart. Presently, it is displaying significant momentum as it advances towards challenging […]
Market Analysis – April 27 USOil bearish trend halted at the demand level of 72.10. The market experienced a shift in market structure after finding support on the lower Bollinger band. Before the bullish reversal, the Williams Percent Range signaled an ascent in the price in December when it swerved into the oversold region. USOil […]
Market Analysis – April 26th Gold (XAUUSD) market has recently emerged from a prolonged period of subdued activity, marking a notable shift in its dynamics. From November to February, the market experienced a decline in volatility, characterized by sideways movement and diminutive candle sizes on the daily chart. During this phase, volume bars exhibited consistent […]
Market Analysis – April 26 EURCHF exhibits a notable resurgence, marked by a significant hammer candle formation. Despite earlier indications from the William % Range Indicator of a potential downturn, the currency pair demonstrates remarkable resilience, defying crash expectations. Notably, despite entering oversold territory in early February, this had minimal impact on its upward trajectory. […]
Market Analysis – April 24 FTSE100 price action on the daily chart since November is discernable with a parrel channel. The price fluctuation has shown a high level of sensitivity at the borders and center of the parallel channel. Though the FTSE ascent doesn’t feature neat significant highs, the swing lows are well assembled on […]
Market Analysis – April 24 NZDUSD has remained entrenched in a downward trajectory since establishing a significant peak in early January 2023. Its focal point is now fixed on the critical demand level at 0.57600. This unwavering descent continues unabated, demonstrating resilience as it steadfastly targets the 0.57600 demand level. Key Levels for NZDUSD Demand […]
Market Analysis – April 23rd GBPUSD market has recently undergone a notable shift towards bearish sentiment ,following a sustained period of upward price movement. This shift in market dynamics unfolded following a pivotal moment in September, characterized by the demand level of 1.2000, which emerged as a crucial turning point. Here, market participants witnessed the […]
Market Analysis – April 24 The US30 market concluded April with a notable occurrence of the double-top bearish reversal chart pattern. Concurrently, the Stochastic indicator signaled shorts as it reached an overbought condition. Additionally, the crossover of the Simple Moving Average (Periods 9 and 21) above the daily candles substantiated the anticipation of a price […]
