AUDJPY Analysis – November 22 AUDJPY continues its major decline into the discount zone. Owing to the overwhelming selling pressure at the major resistance at 98.600, the market has made a reversal to the downside. The ongoing downtrend is likely to last for a while since the price recently entered an overbought state. AUDJPY Key […]
The British pound soared to its loftiest position against the U.S. dollar in 10 weeks on Tuesday, fueled by Bank of England (BoE) Governor Andrew Bailey’s assurance that the central bank stands firm on its interest rate policy. Addressing a parliamentary committee, Bailey affirmed that inflation is set to retrace its steps to the BoE’s […]
NZDUSD Analysis – November 20 NZDUSD continues its upward correction as the price leaves the discount zone. According to MA Cross Periods 50 and 200, the market’s overall trend is negative. In an attempt to break out of the discount zone, the market is going through a significant positive retracement. Upon reaching the premium zone, […]
Market Analysis- November 19 USOil (WTI) bearish momentum slips. The market has experienced a recent bearish trend for a while. Sellers are facing resistance as buyers show strength in the current week. Despite previous bearish days, a short-term recovery is observed, bringing the oil price back near the 74.920 significant level. Buyers are making a […]
The recent surge seen with the pound against the US dollar may be short-lived as divergent economic challenges unfold. Over the past week, the pound experienced a sharp ascent against the US dollar, propelled by market optimism surrounding the belief that US interest rates may remain stagnant or even decrease in the first half of […]
Market analysis – November 17 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade reveals signs of a potential reversal as it respects the 152.000 supply level. The bullish momentum is weakening as the price forms a bearish reversal pattern. USDJPY – Guide, Tips & […]
EURCHF Analysis – November 17 EURCHF is set to flip bullish as the market begins its fifth impulse swing. Recently, the market experienced a bullish divergence as the RSI (Relative Strength Index) posted higher lows against the price’s lower lows. This is likely to boost the confidence of the EURCHF buyers, thereby leading to a […]
Market Analysis – November 18 FTSE100 continues to appreciate amidst struggle. The index has been maintaining a bullish composure for days now. As of now, buyers are still affirming their strength. Despite bearish setbacks week in and out, the focus remains on breaching the 7534.700 price zone. The bullish recovery for the FTSE100 could be […]
Market Analysis – November 18 Gold (XAUUSD) buyers need to reaffirm their grip. The price has been fluctuating between buyers and sellers recently. Buyers started with strong momentum, but they lost some of their confidence along the way. Sellers took advantage of this and pushed the price down from the 2011.760 key zone. This zone […]
