Market Analysis – December 5 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade shifted to bearish after the price struck the resistance zone at 156.0540. The subsequent price decline has paused as the pair tests a bullish order block near the 150.2060 level. USDJPY […]
Market Analysis – December 6 AUDJPY bears have seized control after a prolonged struggle in October and early November. During this time, the price moved sideways, reflecting market indecision and hesitation. However, the trend has now shifted heavily bearish, signaling a clear sell-side opportunity for traders. The recent price action showcases a decisive shift in […]
Market Analysis – December 5 EURCHF breached the demand level at 0.93480 due to sustained selling pressure. After this breakout, the price pulled back to retest the level, a move often seen as a confirmation of a change in structure. Since then, the price action has stalled, failing to establish a decisive movement either below […]
Further Price declination is possible USDCHF Price Analysis – 06 December The price can rise above $0.89 and get closer to the $0.90 barrier levels if the purchasing momentum can hold above the $0.88 resistance level. Sellers can push the price below $0.87 and into the $0.86 and $0.85 regions if they apply enough pressure. […]
EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00EUR/JPY Price Long-term Trend: Bearish The EUR/JPY currency pair has been declining but encountered a hurdle at level 154.00. The pair broke below the moving average lines, reaching a low of 156.38. The currency pair is likely to continue its drop below […]
Market Analysis – December 2 The GBPUSD market has firmly broken below the 1.26200 key level. After this break, the price retraced above the breached zone and is now approaching a significant fair value gap, signaling a potential reaction area. GBPUSD Key Levels Demand Levels: 1.26200, 1.23330, 1.21000Supply Levels: 1.28340, 1.30420, 1.34140 GBPUSD Long-Term Trend: […]
Market Analysis – December 2 Nasdaq 100 is showing signs of sluggishness in its effort to revisit the previous high at 21,205.0. After pulling back into the last visible bullish order block at 20,771.0 on the daily chart, the price has resumed a slow upward movement. Although a sharp upside expansion is still anticipated, the […]
Market Analysis – December 2 NZDUSD has swept major lows at 0.58840, a critical level that holds significant liquidity. This move may have been a deliberate action by market participants to accumulate orders for a potential reversal. Subsequently, a double bottom pattern has emerged at this zone, often viewed as a classic reversal signal, hinting […]
Bears may return in to EURUSD market EURUSD Price Analysis – 02 December Sellers may be able to drive the price down to the $1.04 and $1.03 barrier levels if they can breach the support level at $1.05. Prices may rise over the resistance levels of $1.07 and $1.08 if buyers are able to keep […]
