Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BearishEUR/JPY pair is in the bearish trend zone but may reverse at level 129.38. The pair is stuck below the moving averages. The upward move is doubtful as the pair approaches the overbought region of the market. The uptrend will […]
AUDJPY Analysis – January 31 AUDJPY desires to clutch back price movement to the significant level of 81.910. The bulls in the movement are preparing to cause a hold up in the bear’s sequel as they are ready to withdraw price movement to the significant level of 81.910 The bear’s phase, however, changes the overall […]
NZDUSD Price Analysis: January 31 NZDUSD bulls aspire to a stronghold near the 0.66980 price level of influence. The market is planning to project with a bull eye to retest an old significant level of impact. The NZDUSD market generally portrayed a bearish plan in the market. The price has been engaged in a strong […]
The US Fed adopted a more hawkish stance during its recently-concluded FOMC meeting, as markets begin pricing in a possible four or five rate hikes in 2022. The US dollar received a massive boost from the event allowing it to gain significantly against other top currencies. That said, reactions in the stock markets were surprisingly […]
GBPJPY Price Analysis – January 28 GBPJPY has retraced into a premium on the macro view. The month of October ended the short-term swings on the daily chart. The market has created strong directional moves afterward. The beginning of the last quarter of the previous year triggered a rise in the market. Just before the […]
EURJPY Price Analysis – January 28 EURJPY continues its zigzag movement in a flag formation. The price has once again hit the upper border of the flag sheet and is on a descent. After a bit of hesitation, the market has now dropped below the 130.690 price level. EURJPY continues dropping as it now approaches […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – January 27 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade rallies towards a key resistance zone as the 112.700 demand level defend […]
The US dollar gained against a basket of other top currencies on Thursday, following hawkish comments and plans by US Fed Chair Jerome Powell in the recently-concluded FOMC meeting. The greenback tapped a two-month high of 1.1193 per euro and held at the 115.06 top against the yen, this morning. The USD also hit its […]
AUDUSD Price Analysis – January 27 AUDUSD bears take charge of the market from the 0.72370 significant level. The price has been making a frantic effort to move upward after the December 3rd, 2021 setback. The market rose above the next level at 0.71050 and can be observed to be following a channel. The subsequent […]
