The EURNZD pair may experience reversal at the $1.88 support level.Buy traders might take the leading afterwards. EURNZD Weekly Price Analysis – June 6 The EURNZD pair is warming up for a possible reversal at the $1.88 current support value as the selling pressure is ending soon, reaching the oversold region. A bullish breakout confirmation […]
Market Analysis – June 6 USDCAD recorded a failure swing in March after testing the resistance zone at 1.46670. A lower high formed relative to this swing high, signaling early weakness in bullish momentum. This development marked the beginning of a structural shift in market sentiment. The pair has since declined to the 1.38550 support […]
FTSE 100 Analysis – June 4 The FTSE 100 is facing difficulty at resistance, indicating a potential bearish turnaround. Technical indicators suggest a possible shift in sentiment for the FTSE 100 Index. The Relative Strength Index (RSI) is hovering around 63, just below the overbought threshold, indicating a decline in upward momentum. The price is […]
U.S. Dollar Pressured by Weak Economic Indicators The USD/CHF pair trades cautiously around the 0.8200 level during late Asian hours on Thursday, hovering near a six-week low. Market participants are bracing for potential volatility ahead of the U.S. Nonfarm Payrolls (NFP) release, which is expected to provide fresh clues on labor market strength. The U.S. […]
Market Analysis – June 4 NZDUSD has recently shown renewed bullish momentum after struggling to sustain gains beyond the key resistance level of 0.6030. Following a rejection at this level, the pair retreated to test support at 0.5850, where buyers stepped in to defend the downside. The subsequent rebound has pushed price action briefly above […]
US30 Analysis – June 3 US30 reveals increasing buying pressure within a bullish continuation setup. The daily MACD indicator shows sustained upward momentum, with the MACD line positioned above the signal line. However, the recent flattening of both lines suggests a potential pause or sideways consolidation before another significant move. Although the histogram indicates a […]
U.S. stocks opened June lower as renewed trade tensions between the U.S. and China rattled investors. The S&P 500, coming off its best May since 1990, faced headwinds after China accused the U.S. of violating their trade truce—mirroring President Trump’s earlier claims. Meanwhile, the White House doubled steel and aluminum tariffs, adding to market jitters. […]
Market Analysis – June 2 GBPUSD is poised for sustained growth, supported by technical indicators that reflect strong upward momentum. The 9-period Simple Moving Average (SMA) currently sits below the price at approximately $1.3470, acting as dynamic support and reinforcing the prevailing uptrend. The Stochastic Oscillator is at 71.24, indicating solid but not overextended bullish […]
Market Analysis – June 2 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has been declining steadily within an expanding channel on the daily chart. A rejection candle signalled the end of the bullish retracement within the channel before the price resumed its downward […]
