Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY is rising and trading above the moving average lines with resistance at 158.00. The rising price movement, however, has ceased since June 27. Since then, the pair has resumed a sideways trend below the 158.00 mark. The […]
Market Analysis – August 1st US 30 buyers experience a slowdown in their momentum. The buyers of the US 30 are currently experiencing a decline in momentum as the bulls struggle after breaking above the key level of 35263.80. Despite the initial breakthrough at this significant level, the market has lost its buying pace. After […]
Market Analysis – July 31st Nasdaq 100 (NAS100) bullish strength is in check as it is managing to fight back. The bullish market is experiencing a tumultuous period as the stock price has been steadily progressing forward. The buyers have yet to break through the 15876.50 key level. Last month, a surge in the Nasdaq […]
Market Analysis – July 31 GBPUSD makes an effort amidst sell pressure. The buy traders are suddenly reducing the bearish pressure the market is experiencing. The past week saw a significant sell-off in the GBPUSD market, with the sellers pushing prices below the 1.28270 market level. Despite this, the market eventually closed with a bullish […]
Market Analysis: July 31 EURCHF has recently undergone a significant bearish breakout, plummeting below the crucial equal lows of 0.9670. This rapid and forceful downward movement created a fair value gap, underscoring the strong selling pressure in the market. EURCHF Key Levels Demand Levels: 0.9520, 0.9500, 0.9520 Supply Levels: 0.9630, 0.9650, 0.9670 EURCHF Long-term Trend: […]
Market Analysis – July 31 AUDJPY has recently displayed a noteworthy development, forming a double-bottom bullish reversal pattern as it tested the previous resistance zone at 93.0. This resistance level lies within the discount region of the last bullish swing on the daily chart. Key Levels For AUDJPY Demand Levels: 94.000, 93.500, 93.000 Supply Levels: […]
Market Analysis – July 31 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has recently demonstrated a substantial price surge, originating from the demand zone around the 138.0 mark. This decisive movement is a clear testament to the revival of bullish sentiment in the […]
Market Analysis – July 31 NZDUSD has experienced a significant movement as it recently gaps away from the formidable resistance zone situated at 0.6380. This resistance level has been proven to be a staunch barrier to any bullish momentum on three separate occasions since February, showcasing its significance in influencing the price action of the […]
The Canadian dollar encountered some headwinds against its U.S. counterpart on Friday, as early data indicated a contraction in the domestic economy during the month of June. This development has sparked concerns among market participants, who are closely monitoring the situation to assess the potential impact on borrowing costs and economic activity. Previous data from […]
