Market Analysis – July 28 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade market has remained bearish throughout the week, primarily due to encountering a failed order block in the premium zone right after the last bearish swing on the daily chart. This […]
In what seemed like a promising year for the euro, the currency has experienced a remarkable 3.5% surge against the dollar, hovering just under the $1.10 mark. Investors have been riding high on optimism as they bet on the euro’s continued rise, speculating that the U.S. Federal Reserve will halt its rate hike cycle before […]
Market Analysis – July 26th FTSE 100 bulls refuse to bow to pressure as they keep moving forward. The bulls have been fiercely pushing their way through the market. Since the beginning of July, the market has seen a steady increase in bullish liquidity. This allows the buyers to break through several key levels. Just […]
Market Analysis – July 25th US 30 Bounces off a new horizon as buyers keep increasing momentum. The market is on the rise as buyers continue to increase their buying momentum. After breaking past the 35170 key level, buyers have kept up their pace. They have succeeded in pushing the market from its starting position […]
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 advance has ended as it hits a level 158.00 since June 27. The bulls retested the resistance level on July 21 but were repulsed. The currency pair has completed a retracement between the moving average lines. As […]
Amidst a week bustling with anticipation, the US dollar stood firm on Tuesday as investors exercised caution, eagerly awaiting pivotal central bank decisions that hold the power to shape the global monetary policy landscape. In the face of challenges, the currency exhibited resilience, recovering from a recent 15-month low, while the euro faced headwinds due […]
Market Analysis – July 24th Nasdaq 100 (NAS100) faces downward pressure as sellers keep turning up the heat. The bearish momentum has been increasing lately, indicating a shift away from the buying trend. Despite the downward pressure, buyers have not given up, and their presence in the market is still visible. The daily chart shows […]
GBPUSD Analysis – GBPUSD Drops on Sell Pressure GBPUSD sellers could extend the decline below the 1.28280 key level. This implies that the market could have a tough week since last week’s bearish progression has been quite gradual. The bulls were unable to push their buying momentum beyond the 1.31420 market level as the bears […]
Market Analysis – July 24 The AUDJPY currency pair is currently showing adherence to a bearish trendline, leading to a test of a significant demand zone. Notably, a double bottom pattern formed after the demand level was tested. Furthermore, the swing low of the demand level aligns with a bullish trendline, resulting in a critical […]
