Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair is in an uptrend as bulls target level 141.14 . After the retracement, it consolidated above level 134.50 and resumed a fresh uptrend. There is likelihood of further upward move but the uptrend is doubtful as the […]
NZDUSD Market Analysis – April 11 NZDUSD respects the third touch on the trend line to continue its bearish momentum. A significant market shift was experienced on February 25th, 2021. The market peaked in the 0.7450 supply zone. There was a drop-base-drop pattern that led the market to 0.6950. The market retraced back to the […]
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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 – April 11 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for the bearish tide […]
AUDJPY Market Analysis – April 11 AUDJPY forms equal highs at key levels after expansion. The market created equal highs at 85.550. The equal highs were formed during a long-term consolidation in which the market was held bound. The consolidation lasted for about three months, from March to June. The lows of those highs were […]
As China’s National Bureau of Statistics has announced the manual CPI to hit 1.5 percent the AUD/USD pair drops to 0.7430 price level. The CPI came out higher than the last one and as well the street anticipation was 0.9 and 1.2 percent. At the same time, China’s PPI(producer price index) hits 8.3 percent, which […]
After trading in a prolonged choppy pattern, the US dollar (USD) enjoyed some upward mobility last week following a revelation of quantitative monetary tightening plans by the US Fed in its FOMC meeting minutes. Benchmark US Treasury yields also recorded positive traction from the FOMC declaration as they tapped their highest level since 2019. The […]
GBPJPY Price Analysis – April 8 GBPJPY is set to hold back until the buyers resume their trend. Buyers placed a market buy order at the 159.350 key level shortly after the price broke through. The bulls first whirl the price tendency upward to break through it, and the market is currently reacting above this […]
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 8 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for a market reversal […]
The pair is moving in a sideways direction today at around 0.7480 and it is smooth during today’s Asian session. Though USD was strong, the pair managed to overcome the effect by midway into the New York session, picking up and correcting from new daily dips. How It All Happened The US stock index recovered […]
