Market Analysis – February 8 The FTSE 100 has successfully launched from a bullish order block. The retracement from 7887.0 aided the bulls to launch from the test of the supporting trendline. FTSE 100 Key Zone Demand Level: 7311.0, 7079.0, 6820.0 Supply Level: 7622.0, 7887.0, 8100 FTSE Long-term Trend: Bullish FTSE 100 market has finally […]
Market Analysis – February 9 The strength of the downward trend on the USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade market has declined notably since December. The ADX (Average Daily Index) declined gently from December until February. USDJPY – Guide, Tips & Insights | […]
Market Analysis – February 8 The USDCAD market ascended with the aid of the bullish trend line on the daily chart. The price ascended steadily till the market reached the peak price of the year at 1.390. The market has remained bearish since the formation of the head and shoulders pattern in October. USDCAD Key […]
The GBP/USD pair has been heavily impacted by the recent events in the FX markets. As the US economy and Federal Reserve guidance continue to drive currency movements, the pound has struggled to keep pace with the strong USD rally of last week. However, recent comments from Fed Chair Jerome Powell have offered some relief […]
Market Analysis- February 7 US30 is set for a breakout on the daily timeframe. Lower highs and higher lows are closing in to prompt a breakout of the symmetrical triangle. US30 Key Levels Demand Levels: 32751.0, 31718.0, 30171.0, 28675.0Supply Levels: 34209.0, 35551.0, 37007.0, 38000.0 US30 Long-term trend: Ranging US30 price declined last year. The market […]
As of today, the Basic Attention Token has gained moderate upside traction. This could be observed as its price has increased by 9.1%. Consequently, this has further pushed its price to the upside. Basic Attention Token Analysis Data: Basic Attention Token value now: $0.3148 BAT market cap: $461,028,967 BAT moving supply: 1,492,867,042 Basic Attention Token […]
Market Analysis – February 5 NZDUSD market structure turned bullish after the market reversal at 0.560. The market has ascended to 0.650, where the buyers are experiencing difficulty pushing higher. NZDUSD Key Levels Demand Levels: 0.620, 0.580, 0.560 Supply Levels: 0.650, 0.700, 0.750 NZDUSD Long-term Trend: Ranging NZDUSD experienced two major impulsive bearish waves during […]
Market Analysis – February 6 GBPUSD breakout of the expanding Channel. The Market has been prominently soaring as the market continues to sweep through resistance levels. The price of Actos is currently revealing signs of a bearish reversal. GBPUSD Key Levels: Demand Levels: 1.190, 1.110, 1.070Supply Levels: 1.240, 1.310, 1.370 GBPUSD Long-term Trend: Bullish GBPUSD […]
Market Analysis – February 5 US100 delivered the sell-side of the market from August to September. The market declined from the supply level at 13705.0 to the demand level at 10708.0. The market is coming delivering the buy-side of the market. US100 Key Levels Resistance Levels: 12732.0, 13214.0, 13705.0Support Levels: 12187.0, 11300.0, 10708.0 US100 Long-term […]
