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 pair has been fluctuating within a range since its price drop on August 31 as the trend’s direction is unknown. The currency pair has been bouncing back and forth between 157.00 and 158.50 levels. In other words, the […]
Market Analysis – September 26 US 30 eyes downside for more dips. The price is looking at a potential downside trend, with both buyers and sellers strategizing their next move. It has been a roller coaster ride, with the price breaching the significant 34095.00 market level. This strategic zone forged an overhang for a considerable […]
Market Analysis – September 26 GBPUSD sellers dominate as of now, but opportunities are awaiting buyers soon. GBPUSD finds itself under the firm grip of sellers, with buying strength suppressed. The week commenced with a strong bearish presence, successfully crossing the pivotal 1.22900 key level. However, it’s essential to note that in the world of […]
Market Analysis – September 26 NZDUSD 0.63800 support fails to hold its ground. The market experienced a shift in sentiment after breaching the 0.63800 supply barrier and forming higher highs. However, the price action has turned negative as it continues to make lower lows. NZDUSD Key Levels Demand Levels: 0.60600, 0.57900, 0.55000Supply Levels: 0.63800, 0.65600, […]
The British pound finds itself in a challenging position as the UK economy exhibits signs of deceleration while grappling with persistently high inflation. On September 21, the Bank of England (BoE) made a surprising move by maintaining its interest rate at 5.25%, marking a departure from a series of rate hikes initiated in November 2021. […]
Market Analysis – September 21 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is steadily rising without any signs of reversal. Since early March 2023, the market has been experiencing a continuous upward trend following a break in its structure. The price of USDJPY […]
Market Analysis – September 22 EURCHF retests bullish Order-Block on the daily chart. The market trend in EURCHF has been experiencing successive lower lows. The most significant low occured in late September 2022. However, the downward price movement came to an end with a structural break at the 0.98600 level. EURCHF Key Levels Demand Levels: […]
Market Analysis – September 22 AUDJPY seeks liquidity at the 97.650 supply level. AUDJPY has completed its retracement phase, which began in mid-September 2022. It lasted until late March 2023, marking its major low. This break in the structure has shifted the initial bias of the price action to bullish. AUDJPY Key Levels Demand Levels: […]
Market Analysis – September 22 US Oil (WTI) regains bullish sharpness. The bulls have reemerged on the US Oil (WTI) scene with a renewed sense of determination. After a period of consolidation and correction, the price corrected lower and failed to breach the 90.160 key level. The bulls are once again flexing their muscles. […]
