NZDUSD Analysis – May 2 NZDUSD impulsive breakout violates the support zone on the daily timeframe. The market has just completed another phase of correction and impulse. The market was in a phase of consolidation from April to June of last year. The consolidation was the correction phase before the impulsive phase. The MACD EMA […]
AUDJPY Analysis – May 2 AUDJPY leverages the 91.120 significant price level to keep its bullish campaign on track. After the currency broke out and made a strong price rise, weakness began to set in among the buy-traders around 92.930. This led to the first setback in the bullish agenda, but the market leverages the […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Forecast – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade – May 2 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for the market to […]
The US dollar closed last week as the strongest performer in the forex market after the US dollar index (DXY) hit its highest point in two decades. The volcanic rally in the single currency came due to increased cautious anticipation of an interest rate hike by the US Federal Reserve in its policy meeting on […]
GBPJPY Analysis – April 29 GBPJPY intends to continue with the market’s impulsive swing. Following a price explosion caused by sellers on the GBPJPY price structure, this came as an outcome of the price swing low, with the bulls continuing to rally onward. As the bullish trend progressed, the price swung down straight to the […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Forecast – Expert Analysis & Trading Tips | Learn 2 Trade – Expert Analysis & Trading Tips | Learn 2 Trade – April 29 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast has turned bullish with the […]
USD/CAD dipped sharply during the Tokyo session, while the Dollar index depreciates in its upward momentum and oil prices increased due to new supply worries. USD/CAD experienced the action of downward forces today (Friday). Following a little change in its direction, the market drew the attention of buyers at 1.2318 price level, then dipped till […]
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Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price is in a downward correction but faces rejection at $0.1456. That is, it is trading above the 50-day line SMA but below the 21-day line SMA. The cryptocurrency will resume trending when the moving average lines are broken. On […]
The Japanese yen suffered a debilitating slump in the Asian session on Thursday, as the USD/JPY benchmark pair broke the critical 130 ceiling for the first time in two decades. That said, the forex pair tapped a multi-decade high of $131 a few hours ago. The worsening yen weakness came as the Bank of Japan […]
