Market Analysis – July 21 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade currency pair has recently provided intriguing insights into the actions of large market players, commonly referred to as whales. These institutional participants have left distinct footprints, influencing the current market […]
Market Analysis: July 21 The EURCHF price dipped below the crucial support level of 0.9680. This dip was initiated during an accumulation phase when the market explored the supply zone around 0.9820. The Williams Percent Range analysis revealed an overbought condition at the supply level, sparking interest and concern among traders. Key Levels For EURCHF […]
Purchasers’ momentum is getting weak on the silver market SILVER Price Analysis – 20 July Silver’s price may rise and test the $26 and $27 resistance levels if buyers are able to hold the $24 price level and the $25 resistance level is breached. If sellers apply more pressure, the $23 and $22 price support […]
The British pound has faced a challenging week, continuing its downward slide against major currencies like the euro and the dollar. The primary cause of this decline is the UK’s cooling inflation, which has caused market participants to temper their expectations of further aggressive rate hikes from the Bank of England (BoE). Against the euro, […]
Market Analysis – July 19 The FTSE 100 price remains solidly bullish, as the market shows no signs of slowing down. In fact, the market appears to be headed for more momentum, as buyers have been quite active since the start of July. This followed a bearish display by the sellers in June, resulting in […]
GBPUSD Analysis – Price Could Fall Back to the 1.30120 Market Zone GBPUSD kicks off with a momentum drop this week following its prolonged bullish purge. The price has been on a bullish streak since the start of June, with buyers pushing the market higher and higher. The buyers’ momentum has been strong, breaking through […]
British Pound enthusiasts had a thrilling ride on Wednesday as market data revealed a pleasant surprise: UK inflation slowing down more than expected in June. This sudden turn of events brought a glimmer of hope for cash-strapped consumers and businesses, offering them respite from the fear of relentless rate rises. According to a Reuters report, […]
The Australian dollar has been on a roller-coaster ride recently, facing pressure from various economic factors. The lingering bearish sentiment appears to remain unabated after the AUD/USD pair resumed its losing ways today. This comes after a bout of depression triggered by the release of Chinese GDP data. Investors were closely watching the situation, and […]
Market Analysis – July 18 AUDJPY has established a new selling trend, as evidenced by five consecutive days of down-close candles. This bearish swing emerged following the test of the resistance level at 97.570 in June, indicating a significant turning point for the market. The Relative Strength Index (RSI) further confirmed the overbought condition present […]
