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 has resumed a downward move after rejection from level 1.4000 resistance zones. Initially, the pair dropped to 1.3875 low as price corrected upward. The upward correction was terminated at level 1.3950. The pair has resumed selling pressure. Meanwhile, […]
AUDJPY Price Analysis – August 9 The 80.760 support has been used by buyers to lift AUDJPY out of depression. The market has been unsuccessful in trying to push out of 85.000 for several months since March. Bears have exploited this weakness to plummet the market below 82.900. AUDJPY has thus far been sliding down […]
EURUSD Price Analysis – August 9 The EURUSD pair is holding above 1.1750 level, although a breach below this level would further empower the sellers. The pair fought to consolidate on its brief intraday rally, hovering well within easy reach of its yearly lows around 1.1704 which was reached earlier on March 31st. It fell […]
NZDUSD Price Analysis – August 9 NZDUSD breaks and retests its descending triangle to confirm bullish market tendencies. The market has been tapering down its triangle formation for the past two and a half months. During this period, there was a tough battle for supremacy between buyers and sellers, and the market could have gone […]
“If you are driven by the stock price you are going to go crazy.” – Michael Bigger There’s no speculator in the world that hasn’t, at some time or other in their career, experienced the emotion of anger. Every trader becomes angry because of some reasons. Even the renowned Dr Van K. Tharp (a trading […]
GBPJPY Price Analysis – August 6 GBPJPY recovers to keep trading above the 151.200 key level. The market has been trading above this level for the past 57 trading days, from the 28th of April 2021 to the 16th of July 2021. During this time, price started a downtrend, in which it spiked down three […]
EURJPY Price Analysis – August 6 Before finding buyers versus the Japanese Yen, the EUR continues to fall below the 130.00 level while searching for a solid rebound, the EUR/JPY traded as low as 129.58 at the time of this post. In July 2021, nonfarm payrolls in the United States may rise from 850K to […]
AUDUSD Price Analysis – August 5 The Australian dollar is gradually rebounding, holding past the 0.7400 level, aided by a slight drop in the US dollar overall. During the early American session, the AUDUSD pair saw considerable buying and surge past the 0.7400 round-figure marks on Thursday. Despite the COVID-19 difficulties, a minor increase in […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 5 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade begins its downtrend adventure after failing to get the best of the […]
