Market Analysis – December 8th USOil (WTI) sellers shake buyers and off momentum. According to technical analysis, the oil market has seen a shift in momentum from sellers to buyers. The sellers had been in control for a while, but since October, the buyers have started to gain ground. Before that, the buyers had a […]
The U.S. dollar is gearing up for a critical week, where two major events could be game-changers: the release of the November inflation report on Tuesday and the highly anticipated Federal Reserve meeting on Wednesday. Market sentiment has been riding on the expectation that the Fed might slash interest rates by a whopping 100 basis […]
In a rollercoaster response to a mixed US jobs report, the dollar experienced fluctuations on Thursday, culminating in a modest change after revealing a lower unemployment rate but a sluggish pace of job creation in November. The Bureau of Labor Statistics reported that the US economy added 199,000 jobs last month, falling short of the […]
Market Analysis – December 7th Gold (XAUUSD) buyers remain confident as they seek breakthroughs. The buyers have shown a strong and confident stance in the market. This was evident in October when sellers lost their motivation to push prices lower. The buyers demonstrated their strength by breaking through the significant zone at 1858.520, and they […]
In a surprising turn of events, the Japanese yen has experienced a remarkable surge, hitting its highest level against the US dollar in months. The Bank of Japan (BOJ) has hinted at a potential shift away from its long-standing negative interest rate policy, triggering a wave of investor interest in the yen. On Thursday, the […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis – December 7 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade crashes lower as the price heads into the discount zone. The current state […]
EURCHF Analysis – December 7 EURCHF sets for a bullish retracement as the market becomes oversold. The market’s order flow exhibited a bearish sentiment well in advance of the recent rebound from the descending trendline. The substantial drop from the bearish order block within the supply zone at 0.96900 indicates a prolonged dominance of bearish […]
AUDJPY Analysis – December 7 AUDJPY faces downward as the price hits the upper boundary of the Bollinger Bands in the supply zone. The breakout from the consolidation between 95.000 and 94.000 set the price to the upside along a diagonal support. The recent breakout of the diagonal support is likely to enhance a rapid […]
Market Analysis – December 6th FTSE100 buyers await breakthroughs. In the current market episode, the buyers are yet to open the floor for another bullish expedition. The buying sentiment has been overshadowed at the moment. Right now, the bulls need to reassert their strength for a serious breakthrough. FTSE100 Key Levels Resistance Levels: 7935.300, 7742.700Support […]
