Market Analysis – November 11 US30 bulls edge towards a 34203.00 stronghold. The market is currently in a tug of war as the bulls fight to make headway near the crucial 34203.00 level. This battle has been ongoing for some time. The recent price rally has shown that buyers have struggled to breach this significant […]
Introduction The 52-week high/low serves as a critical metric for investors, offering insights into a security’s performance over an extended period. This guide explores the intricacies of this measurement, its calculation, its significance, and how investors leverage it to inform their decision-making. Defining the 52-Week High/Low The 52-week high/low encapsulates a stock’s highest and lowest […]
The US dollar surged to its highest point against the yen in a year, experiencing a remarkable 1.41% gain this week—its most substantial one-week increase since August. The driving force behind this ascent was the hawkish stance of the Federal Reserve, signaling the possibility of further interest rate hikes to combat rising inflation. Federal Reserve […]
In a recent announcement reported by Reuters, Bank of Japan (BOJ) Governor Kazuo Ueda revealed the central bank’s cautious stance on withdrawing its ultra-easy monetary policy. The move is aimed at preventing potential disruptions in the bond market. Ueda acknowledged Japan’s progress towards the BOJ’s 2% inflation target, citing rising wages and domestic demand-driven inflation […]
ATOM’s Decline Concern Sparks – Expert Analysis & Trading Tips | Learn 2 Trade as Evmos’ Decides to Halt Cosmos Transactions. The decision by Evmos to depreciate Cosmos transactions has raised concerns within the crypto community. This move could have several negative effects, notably impacting the usability and accessibility of Cosmos-based applications and services. Users […]
The US dollar exhibited resilience in the wake of a turbulent week, with market sentiments swaying in response to hints of further rate hikes by Federal Reserve officials. Investors eagerly awaited Federal Reserve Chair Jerome Powell’s upcoming speech, seeking clarity on the central bank’s policy direction. After a sharp decline following the Fed’s decision to […]
Market Analysis – November 8 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade bullish strength declines rapidly after multiple waves of prominent price rises. The buyers seem exhausted as the market ascent appears very lethargic in recent days. USDJPY – Guide, Tips & Insights […]
Market Analysis – November 8 EURCHF price draws towards the major liquidity pool resting at September’s high. The major high of 0.9690 is serving as a price magnet on the daily chart. This has fostered the formation of a steep upward slope. EURCHF Key Levels Demand Levels: 0.9570, 0.9520, 0.9430 Supply Levels: 0.9650, 0.9690, 0.9730 […]
Market Analysis – November 7 GBPUSD price may subscribe to a bullish trend, thereby giving rise to a breakout. Technical analysis of the GBPUSD currency pair suggests that bullish momentum is developing. The buyers are showing strength and are ready to take control of the market. Although the price impulse is not yet strong for […]
