Market Analysis – June 4 NZDUSD has recently shown renewed bullish momentum after struggling to sustain gains beyond the key resistance level of 0.6030. Following a rejection at this level, the pair retreated to test support at 0.5850, where buyers stepped in to defend the downside. The subsequent rebound has pushed price action briefly above […]
US30 Analysis – June 3 US30 reveals increasing buying pressure within a bullish continuation setup. The daily MACD indicator shows sustained upward momentum, with the MACD line positioned above the signal line. However, the recent flattening of both lines suggests a potential pause or sideways consolidation before another significant move. Although the histogram indicates a […]
U.S. stocks opened June lower as renewed trade tensions between the U.S. and China rattled investors. The S&P 500, coming off its best May since 1990, faced headwinds after China accused the U.S. of violating their trade truce—mirroring President Trump’s earlier claims. Meanwhile, the White House doubled steel and aluminum tariffs, adding to market jitters. […]
Market Analysis – June 2 GBPUSD is poised for sustained growth, supported by technical indicators that reflect strong upward momentum. The 9-period Simple Moving Average (SMA) currently sits below the price at approximately $1.3470, acting as dynamic support and reinforcing the prevailing uptrend. The Stochastic Oscillator is at 71.24, indicating solid but not overextended bullish […]
Market Analysis – June 2 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has been declining steadily within an expanding channel on the daily chart. A rejection candle signalled the end of the bullish retracement within the channel before the price resumed its downward […]
Market Analysis – June 2 AUDJPY initiated a significant bullish retracement in April after testing the major support level of 86.050. The bearish trend was further threatened by the consistent bullish market structure, which eventually surpassed the last major swing high on the bearish trend. The price has fallen from the resistance zone at 95.320, […]
NAS100 Analysis – June 1 NAS100 rejects a key zone and signals an imminent bearish reversal. The NAS100 daily chart reveals clear bearish indicators from technical analysis. The price has fallen below the 9-day Simple Moving Average (SMA), currently near $21,250, indicating the early stages of a potential trend reversal. The Relative Strength Index (RSI) […]
EUR/JPY Significant Levels 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 falls below the lines of the moving average as it faces rejection at 164.00. Although the Yen fell as low as 161.08, the bulls purchased the dips. The pair has surged above the moving […]
The EURAUD price is poised for fresh drops.The bears may take the leading soon. EURAUD Weekly Price Analysis – June 1 Its about time for EURAUD pair to resume fresh drops after updating the bullish momentum. The Yen has completed the bullish race and the new bearish correction is at the corner. Hence, if the […]
