Forex Archives - Page 282 of 576

January 10, 2023

Cardano Price: Bullish Trend Commences at $24 Level Targeting $0.33 Level

Bulls are dominating Cardano market ADA Price Analysis – 10 January In case the resistance level of $0.33 fails to hold, buyers may gain more impetus, and Cardano may increase to $0.34 and $0.37. The price may decrease to the $0.31, $0.29, and $0.26 resistance levels if sellers maintain their position at the $0.33 resistance […]

#ADAUSD #Marketing #Technical Analysis

January 10, 2023

Japanese Yen Remains Unchanged Against the Dollar Despite Momentus Fall By USD

Despite the US dollar index (DXY) hitting a seven-month low on Monday, the Japanese yen (JPY) hasn’t altered much against the dollar so far this week. The currency market has been rather quiet in the Tuesday trading session. After reaching a 40-year high of 4.0% year-on-year at the end of December last year, the headline […]

#Bank of Japan (BoJ) #Forex #Japan #News #Yen

January 9, 2023

NZDUSD Retests the Bearish Trendline Following the Breakout

Market Analysis – December 9 NZDUSD retests the bearish trendline following a bullish breakout. The market trend turned bearish after the appearance of a double top above 0.680. The retest of the double top’s neckline fostered a surge of sellers in the market. The retest fostered the price to decline rapidly. NZDUSD Key Levels: Supply […]

#Analysis #Daily Chart #Forex #Forex Technical Analysis #Market Anticipation #Price Action #Price Analysis #Technical Analysis

January 9, 2023

GBPJPY Price Continues to Decline Following a Bearish Breakout

Market Analysis – January 7 GBPJPY experienced a bearish breakout from a descending triangle. The market made an impulsive move to the downside after a series of equal highs and higher lows. GBPJPY Significant Zones Demand Level: 156.00, 152.00, 148.50 Supply Level: 164.300, 168.00, 172.00 GBPJPY Long-term Trend: Bearish Since June, the GBPJPY market has […]

#Analysis #Daily Chart #Forex #Forex Technical Analysis #Market Anticipation #Market Expectation #Price Action #Price Analysis #Technical Analysis

January 8, 2023

Australian Dollar Begins 2026 on Strong Footing Following Chinese Policy Change

The average daily range of the Australian dollar during the first week of the year was over 2% on each day with significant trade. After all the commotion, it ended the week with a 1% gain. The main external factors that contributed to the volatility looked to be Chinese policy, minutes from Federal Reserve meetings, […]

#Australian Dollar #Forex #News #US Dollar

January 8, 2023

Nasdaq 100 Price Keeps Marching Towards the $11,050 Resistance Level

The first trading week of the year 2023 ended with Nasdaq 100 claiming the $11,040 price level. Additionally, going by signs on technical indicators, it’s likely that the price may advance toward at least the $11,050 price level – if not surpassing it once the action begins. Major Price Levels: Top Levels: $11,040, $11,060, $11,090 […]

#Nasdaq 100 #Technical Analysis #Trading

January 6, 2023

Australian Dollar Soars Against Dollar Following NFP Release

After the release of critical economic data in the United States, which, while encouraging, failed to support the USD, the Australian Dollar (AUD) rose versus the greenback. In addition, a services PMI survey fell into a contractionary zone, escalating fears of a US recession. The AUD/USD pair currently trades at 0.6863 at the time of […]

#AUD #Australian Dollar #Forecast #Forex #News

January 6, 2023

USOil Is Attempting to Retrace Above the $75.00 Price Mark

USOil has been trading within a sideways price channel formed by the Fibonacci levels of 78.60 (resistance) and 100 (support) since mid-November 2022. And at this point, price action in the USOil market is now trying to retrace the resistance of this channel. Let’s zoom in to get a better view of things in this […]

#Forex #Technical Analysis #USOIL

January 6, 2023

EUR/JPY Risks Decline as It Reaches the Overbought Region at Level 140.83

Key Support Levels: 129.00, 128.00, 126.00Key Resistance Levels: 132.00, 133.00, 134.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is in a decline as it reaches the overbought region at level 140.83. The currency pair has reached a new low at a level 137.38 and is now undergoing an upward correction. The pair has been making […]

#EUR/JPY #Price Analysis

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