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. […]
The euro had a tough time in the currency market this week, with losses piling up against its American counterpart, the US dollar. The EUR/USD pair saw its fourth week of consecutive losses, raising eyebrows and leaving currency traders wondering about the euro’s prospects. Despite European Central Bank (ECB) policymakers maintaining a bullish stance throughout […]
Market Analysis- May 28 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has continued to advance in a positive direction, as seen by its climb through a bullish parallel channel. The sell-side delivery that took place between November and February is being countered by […]
Market Analysis 26 The US Oil market direction turned bearish in April after a shift in the market structure. The market crash delivered the price to the demand level of 74.000. A retracement back to the bearish order block has been established for shorting opportunities. US Oil Significant Zones Demand Zones: 68.80, 66.00, 62.00Supply Zones: […]
