Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: RangingEUR/JPY pair is in a sideways trend as it the pair reaches oversold region. The pair has rebounded above the 50-day line moving average. It implies that the upward move will resume as price fluctuates between levels 130.00 and 133.00. […]
The Japanese yen fell slightly against the US dollar on Friday, erasing some of the gains accrued on the day. However, the safe-haven currency thrived against the dollar from a weekly time-frame perspective amid the worsening Russia-Ukraine tensions. In the New York session on Friday, the USD climbed by 10 basis points (bps) against the […]
GBPJPY Price Analysis – February 18 GBPJPY is set for a breakout of its ascending triangle structure, as seen on the daily timeframe. The market formed a descending triangle into the previously demanded zone at 149.160. The bears attempted multiple times to pass through the demand zone at 149.160 but failed. The price tested 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 – February 18 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for the coin to […]
USD versus JPY experienced selling forces from 115.0 during the early Asian session. It looks like the pair kept falling yesterday. The pair was buffeted by downward forces yesterday, as traders gave support to JPY (Japanese yen) instead of USD (American Dollar) following the growing tension between Ukraine and Russia. The Headlines and Their Effects […]
The GBP/JPY pair is on a steady recovery path from its recent slump to the 155.30 low on Monday and currently sits around the 156.60 line. However, the ‘dragon’ has struggled to post any meaningful move above the 157.00 mark since its rebound as the selling pressure around the pair persisted, amid the growing tensions […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Prediction – February 17 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price prediction is for the price to solidify its hold above the $0.00746260 level as it gears up for a more prominent position above $0.00873850. LBLOCK/USD Long-Term […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – February 17 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade fails to bridge the previous high at 116.090. For a few months […]
USDCAD Price Analysis – February 16 USDCAD indicates a scheme for a dip in an up-trending market. Following price elevation to various key levels of importance, the market is still determined to trade lower despite the prevailing bullish strength. The market picture shows the buyers’ and sellers’ mechanisms of holding price influence. An upward momentum […]
