Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingGBP/USD has resumed upward move to retest level 1.4000 resistances. Buyers have made two attempts to break above the resistance level. The current uptrend is facing resistance at level 1.3868. The current resistance is expected to find support above the […]
AUDJPY Price Analysis – September 6 AUDJPY finally breaks out from a descending trend after its initial failure to push out. Price has been on the decline for a total of 11 weeks before it finally breaks through. There was an initial cause for optimism on the 5th of August 2021, when the market edged […]
NZDUSD Price Analysis – September 5 NZDUSD is set to lose its bullish momentum as sellers continue to add more pressure to the market. There has been a market shift as price begins to consolidate between the significant key levels of 0.73160 and 0.71620. Price then broke through the 0.71620 significant level, indicating that the […]
EURUSD Price Analysis – September 6 During the European session on Monday, the EURUSD is under pressure, trading below the 1.1900 marks. The stronger dollar has pulled the pair down to around 1.1860 intraday low at the time of writing. As the US dollar gains support after a dismal NFP-driven fall, the pair is retreating. […]
XAGUSD Price Analysis – September 5 Silver (XAG) is up 3.90 percent from the last session, assisted by the dismal NFP report, which came in below forecasts. XAGUSD reached $24.87, its highest level in a month, as per the technical analysis. The dollar stays depressed overall, extending weekly losses. Key LevelsResistance Levels: $26.00, $25.50, $25.00Support […]
GBPJPY Price Analysis – September 3 GBPJPY continues its bullish momentum as price keeps shooting towards the 153.270 significant key level. The market, however, seems to have been bearish for a long time. Price is seen falling as more significant lower lows are being formed. As prices keep pulling down, there seems to be a […]
EURJPY Price Analysis – September 3 EURJPY now consolidates some of its previous gains to recent highs around the 130.74 level and recedes to 130.44 intraday lows at the time of this post. Goushi Kataoka, a renowned tenacious dove on the BoJ board, cautioned that the Japanese economy was still in a “serious state.” The […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – September 2 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade is set to continue a downtrend following several price rejections at significant […]
AUDUSD Price Analysis – September 2 For the third day in a row, the Australian dollar rose to new multi-week highs. The AUDUSD exchange rate continued to rise, reaching 0.7409, its highest level since August 5. Presently it’s hovering past 0.7400. The dollar index, or DXY, is down 0.25 percent, trading at 92.25, its lowest […]
