Market Analysis – August 4 GBPUSD continues to hold firm in its downside momentum, staying below key resistance levels. The pair has entered a steady bearish trajectory, with price action closely reflecting technical indicators. The 9-day SMA remains positioned above current market levels, emphasizing the prevailing downward pressure. RSI stands near 37, indicating continued bearish […]
Market Analysis – August 7 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has steadily climbed through a series of higher highs and higher lows, eventually reaching a notable resistance level at 150.950 on the daily chart. Recently, the price experienced a pullback, but […]
The GBP/AUD market has seen a strong upward rebound through a key technical level. This occurred after the Bank of England’s (BoE) interest rate decision was announced as expected, failing to surprise investors. Meanwhile, the balance of trade came in higher than anticipated but did not weigh down the pound. Key Levels Resistance: 2.100, 2.150, […]
President Trump is poised to make a critical appointment to the Federal Reserve Board following Governor Adriana Kugler’s unexpected resignation. This development accelerates an opportunity for the administration to shape monetary policy, as Kugler’s term wasn’t set to expire until January 2026. Former Cleveland Fed President Loretta Mester notes this appointment carries particular significance because […]
President Trump is poised to make a critical appointment to the Federal Reserve Board following Governor Adriana Kugler’s unexpected resignation. This development accelerates an opportunity for the administration to shape monetary policy, as Kugler’s term wasn’t set to expire until January 2026. Former Cleveland Fed President Loretta Mester notes this appointment carries particular significance because […]
Market Analysis – August 5 NZDUSD encountered a major roadblock at the 0.61060 level. Unfortunately, buyers had already lost the significant momentum that was initially used to drive the bullish reversal. Although there was an effort to sustain the bullish direction, buyers have struggled to maintain upward pressure, and the emergence of a Head and […]
Market Analysis – August 5 EURCHF has remained confined within a well-defined range between the price levels of 0.94220 and 0.92940 since late April. This prolonged sideways movement has led to the formation of a clear consolidation zone. Recently, the price pushed convincingly below the lower boundary of the range, suggesting a possible bearish breakout, […]
The Japanese Yen (JPY) remains under pressure in early Tuesday trading, even as the US Dollar (USD) attempts a modest rebound. The USD/JPY pair is holding above the 147.00 level heading into the European session, reflecting a cautious tone among traders. Despite some risk-on sentiment in the markets, the JPY’s safe-haven appeal is muted amid […]
EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY pair rises to a high of 173.90 but falls below the level of 170.00. Buyers were unable to sustain the trend above the 174.00 level, reversing the positive momentum. The bears pulled the pair […]
