USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 19 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has formed an inverted head and shoulder reversal pattern to shoot price […]
AUDUSD Price Analysis – August 19 The AUDUSD fell below the 0.7200 regions and maintains a highly offered bias trading barely above mid-0.7100s, its lowest level since early November. The pair’s weakness continues as the US dollar strengthened and Australia’s coronavirus issues prompted another round of GDP projection downgrades. Key LevelsResistance Levels: 0.7389, 0.7289, 0.7189Support […]
EUR/GBP increases at the moment of writing signaling strong buyers and a potential upside continuation. In the short term, it has decreased a little trying to attract more buyers before jumping higher. The Euro has received a helping hand from the Euro-zone Current Account. The economic indicator was reported at 21.3B versus 12.3B expected and […]
USDCAD Price Analysis – August 6 USDCAD is climbing up through a parallel channel to make up for lost prices. The market ended the year 2020 on a bearish note, which spiraled into this year. Price continuously bounced downward till it got to the 1.20300 key level on the 11th of May 2021, where the […]
EURCHF Price Analysis – August 6 EURCHF bearish campaign has progressed after bulls failed to hold above the 1.08250 key level. The market has been in a downtrend for months since the 4th of March 2021. The bearish campaign can be described as slow and steady as price has been moving down in an undulating […]
EUR/USD drops right now only because the Dollar Index stays higher. DXY’s further growth could force the pair to resume its drop. The pair has found temporary support and now it’s fighting hard to stay above the weekly pivot point (1.1768). The US Retail Sales is expected to drop by 0.2% in July versus 0.6% […]
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 pair is still falling. The pound has been falling from level 1.4000. Further downsides are likely as the pair faces rejection from level 1.3840. Meanwhile, on June 18 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. […]
AUDJPY Price Analysis – August 16 A successful AUDJPY break and retest strategy would move the price to higher levels. The market had also executed this strategy when it was falling off the 82.900 price level. Price had been knocking down on this level for 95 trading days before the market fell, eventually on the […]
EURUSD Price Analysis – August 16 On Monday, the current bullish surge in EURUSD appears to have met some stiff opposition around the 1.1800 thresholds. The market is in a scenario where investors’ sentiment appears to favor the dollar so far, with the pair on the back foot and somewhat fades Friday’s big advance. Key […]
