Market Analysis – October 23 USOil (WTI) bulls are nearing climax despite prevailing strength. The oil price continues to surge, with the potential to breach the key 90.230 market level soon. However, with this upward momentum, there is a looming risk of exhaustion. The strength of the bullish trend has intensified, particularly in the past […]
Market Analysis – October 23 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade engineers reversal with a liquidity sweep and the mitigation of the bullish order block around the 129.800 region. As a result, a bullish trend is formed, and the 145.500 supply barrier […]
Market Analysis – October 23 Gold (XAUUSD) shows persistence in its bullish momentum. The gold market remains steadfastly in the grip of the bulls, who continue to drive prices higher. As the week progresses, buyers are making steady gains, further reinforcing their dominance. The market is already showing clear signs of a breakthrough above the […]
Market Analysis – October 23 EURCHF continues to fall significantly as a strong bearish tendency is evident. The price has been declining rapidly with no signs of stopping since the bearish break of the structure at the 1.00500 level. EURCHF Key Levels Demand Levels: 0.95200, 0.94100, 0.93200 Supply Levels: 0.96800, 0.98500, 1.00500 EURCHF Long-Term Trend: […]
Market Analysis – October 22 FTSE100 sustains modest gains as bulls still prevail. The market has been enjoying a period of bullish momentum, maintaining its steady climb. However, with the critical 7740.40 key level looming ahead, a potential reversal is also a point of concern for buyers this week. FTSE100 Market Zones Resistance Zones: 7740.40, […]
The US dollar’s recent surge, triggered by persistent price pressures revealed in US inflation data last week, seems to be losing steam, despite the robust fundamentals underpinning the American economy. The dollar index (DXY) has largely traded sideways against a basket of major currencies since its spike on October 12. This phenomenon has left market […]
In a tumultuous turn of events, the British pound witnessed a sharp and worrisome decline against the euro and other major currencies on Friday. The catalyst for this precipitous drop can be attributed to a trifecta of concerns: disappointing retail sales figures, the ongoing Middle East conflict, and the impending U.S. interest rate hike. The […]
YOU ARE THE HOLY GRAIL What more common theme is there in trading than people looking for the Holy Grail? How many times do we hear these remarks from traders: “If I could JUST find the right system.” “If the market would just stop going sideways.” “If I could just get the right entry.” The […]
NOTE: A worldwide debt crisis is looming and it is evidently unavoidable. However, the good news is that there are some decisive steps you can take to safeguard your personal financial wellbeing. One of those steps is Forex trading (provided you know the right way to do it). Forex trading has long been established as […]
