Market Analysis – April 7 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade price failed to fly above the resistance level of 138.0. The market has retraced back to the bullish order block resting at the support level of 130.0. USDJPY – Guide, […]
Market Analysis – April 5 FTSE 100 bullish delivery lasted from October 2022 till February this year. Three black crows dived to change the direction of the market in February. The breakout of the rising wedge seemed lethargic initially, till the black crows appeared. FTSE 100 Significant Zones Supply Zones: 7712.0, 7848.0, 8015.0Demand Zones: 7288.0, […]
Despite an amazing rate of price growth for Shiba Inus, market sentiment is turning unfavorable. The CEO of Flowdesk claims that during a bull run, a regular order is always noticed. The BTC surge usually comes first, then altcoins, and then the meme coins. Moreover, the head of strategy at Sent Labs said that meme […]
Market Analysis – April 4 GBPUSD turned bullish after invalidating the bearish trendline on the daily chart. The price rallied to the resistance level of 1.240 in December. Due to the challenge faced by the buyers to push above the resistance level, the market formed a range between 1.240 and 1.190. The Bulls have finally […]
The recent gains in the US dollar against most of its peers on Thursday may have been a result of investors consolidating their positions and pondering the upcoming release of US jobs data. The highly anticipated report, scheduled to be released on Good Friday when most markets are closed, has investors on edge as they […]
Market Analysis – April 6 GBPJPY plummets as buyers exit the market at the previous 60-day high. However, price still looks bullish since the diagonal support is not yet broken. The decline might be prolonged until the diagonal support is hit. GBPJPY Significant Zones Demand Zones: 156.720, 148.630 Supply Zones: 163.030, 172.130 GBPJPY Long-term Trend: […]
Market Analysis – April 4 EURCHF price action has formed a symmetrical triangle on the daily chart. The lower highs and higher lows are narrowing down to a point to prepare the market for a breakout. EURCHF Key Levels Demand Levels: 0.9850, 0.9800, 0.9710 Supply Levels: 1.0000, 1.0050, 1.0100 EURCHF Long-term Trend: Bearish EURCHF used […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is in an uptrend as it encounters resistance at level 145.00. Following rejection from the recent high, the pair is in a minor retracement. The pair has been consolidating above 143.00 for the past 48 hours. On […]
The U.S. dollar is having a tough time of it lately, folks. In choppy trading on Tuesday, the currency tumbled to a two-month low, driven by weak economic data and investor concerns that the Federal Reserve is done with its tightening cycle. And as other central banks around the world continue to raise interest rates […]
