NZDUSD Price Analysis – August 16 NZDUSD weekly support has stood firm to deny the bears. The market has been primed for a drop, but after several days, the price has been denied the opportunity to go lower. Two major weekly support zones have been responsible for directing the movement of the market – the […]
EURJPY Price Analysis – August 13 In the early hours of the American session on Friday, the EURJPY sustains its bounce from an intraday low of 129.36, returning to the prior day trading zone. The pair held steady on the broader EUR advance as Eurostat statistics revealed that the eurozone had a trade surplus of […]
GBPJPY Price Analysis – August 13 The 153.450 barrier rebuffs the bulls’ advances, thereby confining the market to a ranging movement. The past two and half months have overseen strong actions by the bears and then the bulls. The price plunged strongly and then was pumped up with equal intensity. Moreover, for the past three […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 12 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade weekly support halted the price drop and tugged it upward in support […]
AUDUSD Price Analysis – August 12 After a minor recovery within its relatively close territory in the prior day, the AUDUSD is currently trading around lows near the sub 0.7400 level. On Thursday, the pair falls as it fails to maintain the previous session’s upward momentum. Traders are currently waiting on the US Initial Jobless […]
USDCAD Price Analysis – August 12 Bears cancel out bulls on USDCAD to leave the market hanging in the balance. The bulls forged the market into a cup and handle formation, which was a reversal technique to push price up. This activity spanned 60 trading days from the 21st of April to the 14th of […]
AUD/JPY rallied in yesterday’s trading session signaling that the downside is limited. It stands below the immediate downtrend line, so an upside breakout may signal continuation. It has moved sideways in the short term, but this sideways it cannot last indefinitely. JP225 Technical Analysis! JP225 (Nikkei) has registered a valid breakout through the descending pitchfork’s […]
EURCHF Price Analysis – August 10 Bulls overturn the market when it seems as though sellers will dig deeper. The price began a decline on the 4th of March 2021, though still on an uptrend line. The fall of the market was confirmed when it drilled through the uptrend line to go lower on the […]
USDCHF Price Analysis – August 10 During the early European session, the USDCHF pair remained bid and was last seen hanging near two-week highs, around 0.9170 – 0.9220 levels. The pair’s upward trajectory is fueled by the greenback’s rise. With 0.08 percent gains, the USDCHF held over 0.9200 levels. Key LevelsResistance Levels: 0.9472, 0.9375, 0.9275Support […]
