Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishEUR/JPY pair is in a sideways trend as it resumes consolidation above level 130.00 Despite the retracement, the currency pair is above the moving averages. This indicates that the Yen is likely to resume upward above the 130.38 support. However, […]
The British pound traded on a bullish sentiment on Friday following a better-than-expected GDP data release. On the other hand, the US dollar lost some gains from the post-CPI positive sentiment, albeit only mildly. Last week, the Japanese yen, followed by the euro and dollar, had the worst trading session among the top eight currencies. […]
Price Analysis – GBPJPY Bullish Ride Continues to Surge Upward to the 158.200 Critical Level GBPJPY bullish side continues to surge upward to the 158.200 level of significance as buyers give more velocity to the influence of price. The buyers are currently holding more positions in the market, and they are activating price order flow. […]
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 11 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price forecast is for the market to […]
Price Analysis: USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Bulls Are Ready to Push Prices Above the 115.720 Key Levels USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade bulls are ready to […]
Price Analysis: USDCHF Market Failed to Change Its Price Disposition as It Continues to Range USDCHF market has failed to change its price disposition for a long time. This came as a result of the configuration’s tendency to price range. For a while, the price configuration activity due to ranging is said to have begun. […]
Consumer value index went beyond anticipations last month, creating a strong 0.6 percent month over month (MoM). A strong consumer price index will maintain the present 50 base point hike for March. This might put the USD on its front-foot for the meantime, with EUR/USD probably re-visiting the 1.1300s.The Latest Us Inflation Mounts Pressure on […]
The US dollar continued to show weakness in the European session on Thursday, as the euro extended its gains against the safe-haven currency amid a hawkish change in outlook by the European Central Bank (ECB) last week and the release of the US Consumer Price Index (CPI) later today. The CPI data release is expected […]
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 9 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market forecast is for more upward movement […]
