Market Analysis – AUDJPY Sellers Fight Back as the Price Breaks Back to the 96.620 Key Zone AUDJPY sellers fight back as the price is currently relieved below the 96.620 key zone. The bull market was seen to have made a relapse following its short surge in price. Traders had hoped that the buyers would […]
NZDUSD Analysis – September 18 NZDUSD sellers take partial profits as the price retraces upward. The current market downtrend began in April 2022, after a return to an order block formed on the 17th of November, 2022. The return to the order block caused prices to crash downward with great momentum. NZDUSD Significant Zones Demand […]
EUR/USD stays under the price level of 1.000, precisely 0.9995 as it renews the in-day depth. The pair as well recorded its first loss within for days during the waking hours of today (Monday). Furthermore, the perceived weakness in this pair may be related to the United States dollar’s stronger actions before the important monetary […]
Reactions from money markets suggest that the higher-than-expected consumer inflation data from the US last week have cemented nothing less than a 75 basis point rate hike by the US Federal Reserve in its next meeting. The US dollar (USD) ended the week as the strongest currency, as it was propped by intense risk flight […]
GBPJPY Analysis – September 16 GBPJPY breaks out after an extended period of ranging through a descending triangle system. The consolidation in the triangle system is a result of a second backlash from the bears. This backlash was triggered when the buyers broke several barriers to rise to 167.810. Since the market was halted at […]
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Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Forecast – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade – September 16 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for the market to […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Forecast – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade – September 15 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for an imminent upsurge […]
Selling pressure almost pushed XAU/USD price to an annual depth after shattering a major support level. Also, this occurred during the start of European Morning. To do this, the yellow metal had to record a 3-days straight downtrend. Following a boring take-off of the day, United States Treasury yield received offers. This happened as traders […]
Technical indicators: Major Resistance Levels – 1.2800, 1.2900, 1.3000Major Support Levels – 1.1900, 1.1800, 1.1700 GBP/USD Long-Term Analysis: BearishGBP/USD is in a downtrend as it faces rejection at level 1.1738. On September 5, the Pound declined above level 1.1443 and resumed consolidation above it. On September 9, the pair makes an upward correction but was […]
