Market Analysis – March 6 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade pair has encountered significant resistance at the key level of 158.1130, leading to a reversal in market direction. Following this, the price declined to the support zone of 149.4970. […]
Market Analysis – March 6 EURCHF has recently experienced a significant bullish surge. The price had previously struggled to continue its uptrend following a bullish reversal due to the resistance level at 0.95010. However, the recent price spike has shattered this resistance zone, enabling the price to continue its upward trajectory. EURCHF Key Levels Demand […]
Market Analysis – March 6 NZDUSD is currently trading cautiously in a consolidation phase, having switched direction from an attempt to push towards the significant 0.58000 level. Kiwi buyers have been actively working to displace sellers. They started their move away from the consolidation zone around the 0.55500 significant level. NZDUSD Key Levels Support Levels: […]
Market Analysis – March 3 GBPUSD is exhibiting bearish pressure as it pulls back from the $1.27140 supply zone. The 9-period SMA at $1.26260 is acting as dynamic resistance, with the price struggling to stay above this level. The RSI at 59.21 is turning downward, signaling weakening bullish momentum and a possible shift in control […]
NAS100 Analysis – March 2 NAS100 exhibits bearish momentum with a potential correction before continuation. The 9-day SMA at $21,470 currently acts as dynamic resistance, keeping the price below key levels. The RSI at 51.74 indicates a neutral stance, but recent downward movement suggests further bearish pressure. The price struggles to break above the SMA, […]
Market Analysis – February 27 Gold (XAUUSD) is poised for new highs as the critical $2,880 support level remains intact. Technical indicators continue to support the bullish outlook for XAUUSD. The 9-day Simple Moving Average (SMA), positioned around $2,920, acts as a dynamic support level. The Stochastic Oscillator, currently near the mid-level at 50, suggests […]
The forex market continues to experience shifting momentum, with traders competing for dominance. This week, AUDNZD and EURNZD display strong bullish recoveries, while NZDCHF, EURGBP, and AUDCAD face intensified selling pressure. As market volatility remains high, the Momentum and MACD indicators provide valuable insights into the prevailing trends. AUDNZD Major Bias: Bullish AUDNZD buyers have […]
The GBPAUD market has extended its winning streak, with price action maintaining a general upward trajectory. This upward momentum appears to be supported by challenges in the Australian economy, such as housing concerns, while the UK remains relatively stable. Let’s take a closer look at this market below. Key Price Levels: Resistance Levels: 2.0500, 2.1000, […]
The EURAUD price anticipates more growth as the bullish correction continues.Buy traders are taking the lead in the market. EURAUD Weekly Price Analysis – March 2 EURNZD pair presents a strong resistance level and anticipates more growth as the Yen continues with the up north journey. The market has been relatively stable in the past […]
