Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi drops as sellers emerge in the overbought region. The market fell to the low of level 0.7228. If price finds support above the SMAs, the upward move will resume. Daily Chart Indicators Reading:The Kiwi has fallen to level […]
XAGUSD Price Analysis – February 28 The XAGUSD pair lost upside momentum under the $28.00 level during the prior session as sellers’ pressure takes a toll to hit the $26.13 low level. In the new week, the pair may stay distressed under the $28.00 level as the U.S dollar may gather further strength on rising […]
GBPJPY Price Analysis – February 26 The GBPJPY exchange rate has declined to the 147.40 low level. It is unlikely that some upside potential could prevail in the market due to the seller pressures as the pair aligns while indicating a significant correction. The Japanese Yen rides on the turn-in risk sentiments and rebounded after […]
XAUUSD Price Analysis – February 25 Gold (XAUUSD) continues to struggle to stay afloat selling pressure within a confined range below the $1800 level through the mid-European session. The XAUUSD pair altered south in the early trading hours of Thursday and dropped to a low of $1787. A modest pickup in the US Treasury bond […]
AUDUSD Price Analysis – February 25 The AUDUSD pair trades firm with a positive bias through the early European session on Thursday past the 0.8000 level. AUDUSD buyers stay focused beyond the 0.8000 thresholds confirming a 3 year high. The Aussie pair is boosted by upbeat data from Australia’s Private Capital Expenditure (Capex) data for […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – February 24 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade pair is trading at daily highs past the 106.00 level while extending […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishThe Loonie is on a downward move. The price broke level 1.2600 to resume the downward move. Nonetheless, on February 16 downtrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the pair will fall […]
STELLAR Price Analysis – February 24 The price will reach $0.22 and $0.16 provided the support level of $0.33 does not hold. In case the $0.33 holds, the price may increase to the resistance level at $0.50 and $0.57 if the $0.42 level permits. Meanwhile, the relative strength index period 14 is at 40 levels […]
USDCHF Price Analysis – February 23 USDCHF has been outperforming during the European session breaking the above-known barriers. The pair emerges from lows at 0.8949 level while sustaining its upside run past the 0.9000 level. At the moment, US Dollar Index (DXY), is down 0.1% on the day after it rose to a daily high […]
