Price Analysis: USDCAD Buyers Indicate a Bullish Tendency to the 1.27900 Significant Level USDCAD buyers indicate a bullish tendency towards the 1.27900 level of price. The bulls are primarily interested in resuming price movement to previously tested levels. However, the price trend is evolving throughout the bullish order period, and this is due to a […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Forecast – February 9 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market forecast is for a bullish revival that will break the continuous trend of sideways movement in the market. LBLOCK/USD Long-term Trend: Ranging (30-Minute Chart) Key Levels:Supply […]
In matching the wide controlled beginning to the week in the world’s forex market as traders anticipate important US consumers value inflation data which can affect Federal reserve tightening anticipations tomorrow, GBP/USD remains confined around 1.3550. Truly,.two days ago the presence of 50 percent Fibonacci retracing backward for 2022 height which was at 1.3750 to […]
The GBP/USD pair bounced off the 1.3500 support yesterday, after a three-day bearish tone. A stronger US Treasury yield extended some support to the US dollar, which exerted bearish pressure on the cable. Also, the escalating Brexit worries ahead of talks between UK Foreign Secretary Liz Truss and European Commission Vice President Maros Sefcovic this […]
EURCHF Price Analysis – February 8 EURCHF marches upwards with a price surge to the 1.06070 critical level. The market eventually gains momentum from the 1.03270 support level. This lasts for seven days before the price marches past several key levels to reach 1.06070. EURCHF is now trying to negotiate its way past the resistance […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is in a sideways move but struggles below level 1.3615. On February 3, the currency price breaks above the moving averages. The pound retraced below the 21-day SMA. The implication is that the currency price will be fluctuating between […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Forecast – February 8 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market forecast is for a short-term market ranging phase, after which the market will accumulate strength to break upward. LBLOCK/USD Long-term Trend: Ranging (30-Minute Chart) Key Levels:Supply […]
AUDJPY Analysis: Bears Are Determined to Influence the Market Down to a Significant Zone of 80.550 AUDJPY bears are determined to influence the market down to a significant 80.550 zone. The market tendency looks forward to resuming its bearish trend as more positions are included by the sellers to move the price in their direction. […]
NZDUSD Analysis: The Bulls Are Set to Reverse Price Movement Back to the 0.68090 Level of Significance The bulls are set to reverse the price fallout in the NZDUSD market as the sellers’ momentum begins to reach its climax. Market activity is said to have shifted several times as a result of buyers and sellers […]
