The Canadian dollar (CAD) currently enjoys a near-term bullish outlook as the Bank of Canada (BoC) reportedly prepares for an aggressive rate hike. However, a Reuters poll suggests that the CAD could see a cap on its gains due to its dependence on the housing market. According to the poll, the median forecast is that […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – April 7 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade price will regain bullish strength shortly after bears’ exposure in the market. […]
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Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Prediction – Expert Analysis & Trading Tips | Learn 2 Trade – April 7 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market prediction is for the market to open up space from the $0.00336565 resistance level with which […]
USDCAD Market Analysis – April 6 USDCAD break and retest of trendlines in the market confirms the change in market direction. The demand zone at $1.230 was used to start an upward move in the market during the late period of October last year. The market faced resistance at 1.2960. The previous low, formed at […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Prediction – Expert Analysis & Trading Tips | Learn 2 Trade – April 6 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market prediction is for the buyers to gather strength to break through a familiar resistance level at […]
The pair value is at a recognized support level as traders expects new promoters. New Zealand dollar versus the US dollar is in a flat location during a calm Asian session, as it is being sold and bought at 0.6945 after moving from 0.6945 to 0.6937 and then back to 0.6945. There is no value […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD is in a downward correction but may decline to 1.2965 low. In the first downtrend, the pair declined above level 1.3000 and pulled back. The bears have resumed the downward move to retest the 1.3000 support. Meanwhile, on January […]
EURCHF Price Analysis – March 5 EURCHF price is bracing for an impact on the 0.99670 critical level in the market. The sellers are manipulating the price at their disposal. This gave room for a more bearish impact on the market. Despite sharing the same playing ground in price action, the bulls are not as […]
In its recently concluded policy meeting, the Reserve Bank of Australia (RBA) decided to leave its interest rates unchanged at 0.1%. The bank also mentioned the rising inflation and noted that the trend could continue in the mid-term as unemployment dropped to a worse-than-expected 4%. RBA Governor Philip Lowe noted in the statement: “Over coming […]
