USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is currently experiencing a retracement after reaching an overbought region. Buyers of USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade seem to have exhausted their […]
Market Analysis – May 31 FTSE 100 has experienced a successful bearish breakout from the symmetrical triangle on the daily chart. The retest of the zone has injected more selling pressure into the market. FTSE 100 Key Levels Demand Levels: 7450.50, 7330.80, 7203.60Supply Levels: 7805.80, 7937.80, 8045.50 FTSE 100 Long-Term Trend: Bearish FTSE price experienced […]
In a delightful turn of events, the Canadian dollar, fondly known as the “loonie,” has spread its wings and soared against its American counterpart this morning. The US dollar’s stumble has provided a much-needed boost to the loonie. However, as we take a closer look, we find that the Canadian dollar faces a complex landscape […]
Market Analysis – May 30 The price of US 30 is currently approaching the unmitigated bullish order block above the significant level of 31718.0 during a corrective phase. The US 30 price has experienced a decline of approximately 4.85% since testing the supply level of 34228.0. US 30 Key Levels Resistance Levels: 33438.0, 34228.0, 34628.0Support […]
Market Analysis – May 30 EURCHF is presently embarking on a robust downward trajectory. Notably, there has been substantial price volatility in both directions throughout February and March before establishing the prevailing downtrend. The market exhibited volatile displacements in price, experiencing fluctuations in upward and downward directions before the bearish sentiment took hold. Currently, EURCHF […]
Market Analysis – May 30 The AUDJPY market structure continues to exhibit bullish sentiment, as evidenced by the formation of higher highs and higher lows on the daily chart. The price action has been confined within a parallel channel, with the daily candles aligning toward the resistance level of 92.40. AUDJPY Key Levels Demand Levels: […]
Market Analysis – May 29 The GBPUSD price has declined by around 3% since the supply level of 1.260 was challenged. On the daily chart, the rising wedge has characterized the price action of the market’s ascension. As the Stochastic shows an oversold market, a positive reversal within the wedge is likely. GBPUSD Key Levels […]
Market Analysis – May 29 The NZDUSD price has dived below the 0.6080 support level. The support level has defined the ranging market since the 24th of February. The resistance level of 0.6320 has served as the upper border of the long-term consolidation. The forceful break of the support level is expected to create a […]
Market Analysis – May 29 The NAS 100 market has just bridged the resistance level of 14282.0. The market has made well over a 32 percent rise since the price took off from the support level of 10670.0 in January. The next resistance level of 15270 appears to be the next major target for buyers. […]
