AUDJPY Analysis – January 1 AUDJPY remains bullish as the Moving Average Cross signals an upward move. The AUDJPY pair had transitioned to a bullish trend, ending the bearish trend since early 2023. Following a crash into the 86.100 demand zone, the market experienced a rally, propelling prices upward, reaching a peak at 97.700. The […]
NZDUSD Analysis – January 1 NZDUSD is set to resume its downward trend as the rally ends at the premium zone. NZDUSD’s price action shows a technical shift, with a significant plunge from $0.65400 in February 2023. A retracement in July saw resistance at $0.64100, followed by an emerging resumption of the downtrend and a […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY currency pair has reversed its fall that began on December 7 as it bounces above level 154.00. The YEN is trading in a range of 154.00 and 158.00 price levels. Since December 7, buyers have made three unsuccessful […]
In a turbulent economic year, the naira, Nigeria’s currency, has experienced a sharp decline, shedding more than half of its value against the US dollar in official markets and even more in the parallel market. Bloomberg identifies it as the world’s worst-performing currency, trailing only behind the Lebanese pound and the Argentine peso. The primary […]
BTCUSD Drops Before Reaching the $45,000 Resistance BTCUSD drops in price, thereby experiencing a decline, failing to breach the $45,000 resistance level. Despite encountering resistance during its initial attempt in early December, where it faced an immediate rejection and dropped to $40,200, subsequent efforts to approach this significant level were met with a similar outcome, […]
Market Analysis – December 28th Gold buyers aim to finish stronger this year. Gold has been maintaining a high tempo, with expectations of finishing the year on a strong note. The bears have loosened their grip and have been unable to put up further resistance. Over the past week, the buyers have grown stronger in […]
Market Analysis – December 27th FTSE100 buyers are eyeing a breakout as bullish momentum builds. The FTSE100 index has been experiencing an aggressive bullish streak as buyers aim to reach a significant level of 7800.00. Despite facing strong opposition from sellers for several months, the buyers have remained focused and determined. It will be intriguing […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis: December 29 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade heads lower as the price leaves the premium zone. At the premium zone, the […]
Market Analysis – December 26 EURCHF begins its bullish retracement as the price makes a BOS immediately after breaching the 0.94050 level. Apparently, the price is heading into the premium zone. This is likely to lead to a notable correction phase, as the downward trend resuming anytime soon is unlikely. According to the Stochastic Oscillator, […]
