The dollar (USD) fell across the board for the second day in a row on Friday, as investors favored riskier currencies in the aftermath of lower-than-expected US inflation data, which bolstered the case for the Federal Reserve to scale back its aggressive interest rate hikes. The dollar fell further on Friday as a result of […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis – November 10 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade bears finally dominate the market as price heads into the discount zone. The […]
Following the release of a much-anticipated US inflation report that was lower than expected, the USD/CHF pair fell below the 0.9820 mark, triggering a risk-on urge in the financial markets as speculators priced in a less aggressive Federal Reserve policy stance. The USD/CHF currently trades at 0.9673, 1.6% below its opening price on Thursday. The […]
The impending United States Midterm Election conclusions have the potential to significantly impact the Bitcoin price, with critical crypto legislation likely to be debated. However, with the release of the US Consumer Price Index (CPI), Bitcoin’s price may dive deeper if the figures beat expectations. The US Midterm Elections will be held on Tuesday, while […]
USDCAD Analysis – November 9 USDCAD seeks lower prices for buy orders in the discount zone. While the overall outlook of the market is bullish on the higher timeframe, the bears currently seem privileged to open short positions after the supply zone at 1.3980 was reached. USDCAD Significant Zones Demand Zones: 1.3220, 1.2730Supply Zones: 1.3500, […]
The USD/JPY pair experienced some purchasing near 145.15 and recorded a respectable comeback from the nearly two-week low it reached earlier this Wednesday. Early in the North American session, the intraday increase gained momentum and spurred renewed US Dollar demand, pushing spot prices to a new daily high closer to the mid-146.00s. While the Federal […]
EURCHF Analysis – November 8 EURCHF price is presently climbing as currency investors are enjoying a good run in the market. The buying base has recovered from a highly depressing experience that happened over the past few months to a very strong upward rise. EURCHF was firstly structured in an inverted head-and-shoulders chart pattern, which […]
Bearish momentum increases in the Tron market TRON Price Analysis – 09 November An increase in the bears’ momentum may push the coin below the $0.058 support level, Tron price may decrease to $0.057, and $0.055 levels. In case buyers gain more power, price may increase above $0.060 resistance level, above it are $0.061 and $0.062 […]
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Seller’s pressure increases in Cardano market ADA Price Analysis – 08 November Should the sellers’ momentum increase to break down the support level of $0.39, Cardano may decrease to $0.36 and $0.34 levels. In case buyers oppose sellers at $0.39 support level, Cardano may increase towards the high of $0.40, $0.41 and $0.42 levels. ADA/USD […]
