USD/JPY is unstable on its quest of refreshing an in-day dip around 115.15 as Tokyo opens for Today. While doing this, USD/JPY breaks last the upward trend as it was regressing from one-week height briefly visited on Friday. While tracking the main promoter, a regression in the US Treasury yields combined with the increasing Covid […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation – February 7 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market anticipation is for the price to correct its pullback from its all-time high and continue to rise. LBLOCK/USD Long-term Trend: Bullish (30-Minute Chart) Key Levels:Resistance Levels: […]
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 has reached the overbought region of the market but downtrend is Likely. On February 7, the currency pair rallied to a high of level 132.16. The upward move could not continue as the market reached an overbought region. […]
In the real sense, trading life is an undulating one. It’s just like one of those day when you woke up on the wrong side of the bed, and you don’t know what is responsible for it. However, it could be anything, it could be the weather or bad experience of the day before and […]
The US dollar managed to muster a mild rally on Friday from a two-week low of 95.13, following better-than-expected job reports. The goodish data increases the US Federal Reserve’s chances of implementing a rate hike in its policy meeting in March. The dollar index (DXY), which tracks the strength of the Sialkot against six top […]
GBPJPY Analysis: Market Is Retracing Towards Major Zone at 154.810 GBPJPY is retracing towards the 154.810 major zone. The market created a wave pattern during its downward move towards the 149.110 zone. The move was initiated from mid-October to early December of the previous year. The market reversed at the 157.710 zone on the 21st […]
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Lucky Block – Guide, Tips & Insights | Learn 2 Trade Price Prediction – February 4 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade price prediction that the price will keep consolidating above the $0.0009490 support level till the market forces act on it. LBLOCK/USD Long-term Trend: Ranging (Daily Chart) Critical […]
The pair recovers strongly from its previous lowly position: which was around 0.8280s after BoE (Bank of England) session, where the market was within the reach of making multiple-year lows from ending of 2019 to early 2020, as it now sells around 0.8380s. The Effectors The recovery happened after the European central bank policy […]
Market Analysis: The Bulls’ Run On USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Was Halted by the Resistance Zone A resistance zone halts the bulls’ run on the USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights […]
