US30 Analysis – May 20 US30 is poised for continued upside as indicators drive momentum. The MACD (Moving Average Convergence Divergence) indicator has transitioned into a bullish regime. The MACD line has risen above the signal line, and the histogram is consistently displaying green bars, indicating strengthening upward momentum. Price action remains firmly above the […]
The forex market shows mixed signals across major crosses: EURGBP, AUDCAD, NZDCHF, EURNZD, and AUDNZD. as buyers and sellers battle for control. Let’s take a look at how the week saw bulls and bears battle for dominance. EURGBP Major Bias : Bearish Price action has entered a cooling phase after sellers successfully breached the 0.84650 […]
EUR/JPY Significant Levels – the 163.00 Barrier Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair loses ground below the 163.00 barrier and the moving average lines. The price has been pushed above the 21-day SMA barrier by buyers. The Yen will rise and retest […]
Market Analysis – May 19 GBPUSD is positioned for an upside rebound from the key demand zone. The Relative Strength Index (RSI) currently stands at 52.67, reflecting a neutral stance with a slight bullish tilt as it hovers above the midpoint. The 9-period Simple Moving Average (SMA), presently at $1.32780, is providing dynamic support, with […]
NAS100 Analysis – May 18 NAS100 continues to display strong bullish momentum, with an upside continuation remaining likely. From a technical perspective, NAS100 maintains a robust bullish trajectory, supported by key momentum indicators. The 9-day Simple Moving Average (SMA), currently positioned around $20,660, is sloping upward and remains well below current price levels, reinforcing short-term […]
Market Analysis – May 19 NZDUSD recently experienced a very wild reversal. In one single displacement, the market rose by almost 10% without a single pullback, enforcing a bullish structural shift. The price has finally experienced a pullback afterwards, which has halted at the test of a breaker block. NZDUSD Key Levels Demand Levels: 0.5850, […]
Market Analysis – May 19 The EURCHF pair continues to consolidate as neither bulls nor bears establish dominance. On the daily chart, we observe a well-defined symmetrical triangle taking shape, characterised by successively lower highs and higher lows. This tightening price action signals an impending volatility expansion. EURCHF Key Levels Demand Zones: 0.9340, 0.9220, 0.9000 Supply […]
Market Analysis – May 19 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade pair continues climbing steadily after bouncing from the 140.280 demand level, showcasing a strong recovery. Buyers have firmly taken control, pushing the price toward the 151.90 resistance zone, which remains […]
The GBPAUD market has maintained a long-term upward trajectory for some time. However, recent fundamental shifts in economic developments have introduced intermittent changes. The latest speculated interest rate reduction appears capable of triggering a potential trend reversal in favor of the bears, as it could prompt a safe-haven move, increasing demand for the Australian dollar […]
