Note: This piece was first published in 2014, so some facts in it are out-of-date. However, the truth it passes across is timeless. “If you understand this way of thinking – that by taking smart risks you can make money over time – it will improve your willingness to take risks.” – Bruce Bower What […]
EURJPY Price Analysis – October 15 The EURJPY’s ascent continues unabated, having already crossed the critical barrier of 132.00 on Friday. The exchange rate continues to rise and the levels within the vicinity of the 134.16 high from June is the pair’s next objective. While the eurozone’s economic recovery was progressing, ECB President Lagarde warned […]
GBPJPY Analysis – Price Rallies With Strong Momentum as Bulls Climb Above Significant Key Levels GBPJPY rallies with strong momentum above the price level. Bulls took sole control of the entire position, driving the price upward. The market trends upward, breaking significant price levels as the momentum increases. The bulls are still in control of […]
AUDUSD Price Analysis – October 14 The AUDUSD pair is above 0.7400, climbing over the moving averages 5 and 13, indicating an advancing trend. According to the markets, the price may challenge the higher level at 0.7426 before continuing upwards to 0.7450. Despite mixed Australian jobs and Chinese inflation data, the pair is building on […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis – Price Is Gaining a Strong Bullish Appearance Upward USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is gaining a strong bullish appearance upward […]
USDCAD Price Analysis – October 13 USDCAD plummets from its uptrend direction after it fails to violate the 1.28300 resistance level. The market recently survived a scare when it dropped slightly from its uptrend line under pressure from 1.26500. But price did well to recover above the price level and then used it as a […]
EURCHF Price Analysis – October 12 EURCHF buyers fail to maintain their hold above the 1.08360 key level and the market has taken a nosedive to 1.07230. On its way down, the price was intercepted at various significant levels which including the 1.07830 and the 1.07390 levels. The failure of buyers to keep a hold […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD has been in a downward move since June 11. The Pound has been falling from the high of level 1.4200 to 1.3400. At the low of 1.3400, the Pound corrected upward. The upward correction was stalled at level 1.3700 […]
EURUSD Price Analysis – October 11 The EURUSD pair is under siege from sellers, dragging prices back to the mid-1.1500s at the start of the week. The recovery of the dollar’s buying sentiment, combined with higher US rates across the curve, encourages the US Dollar Index’s price action to shift to the upside. Key LevelsResistance […]
