Tag: Trade Zone
April 18, 2024
AUDJPY | Continuation Pattern Analysis | Support, Resistance & Trends | FOREX
Today's update focuses on the AUDJPY pair on the daily chart. Buyers are gaining momentum, supported by mixed Australian employment data and a weaker Yen. However, a move below today's low or back below 98.90 could signal a short-term reversal. Stay tuned for more insights.
Read more
April 16, 2024
BTCUSD | Daily Chart Analysis | Evaluating Range Patterns and Key Levels | CRYPTO
Buyers hold firm around 62,000 despite seller pressure. We're watching for a move through support to test the next Fibonacci level or continued range pattern support. Stay tuned.
Read more
April 11, 2024
Oil | Daily Chart Analysis | Continuation Patterns and Key Levels | OIL
Hi, traders! Today, we're watching oil after a USD surge. Oil resisted sellers and might be continuing higher. A close above yesterday's high could test resistance at $87.37.
Read more
April 10, 2024
NDQ100 (Nasdaq) | Daily Chart Analysis | Price Breakdown Pre-CPI | INDICES
Nasdaq Analysis: Price Patterns, Support, and Resistance Levels
Read more
April 9, 2024
USDCAD | Daily Chart Analysis | Breaking Through Resistance | FOREX
Hi, traders; thanks for tuning in for today’s update. Today, we are looking at USDCAD daily. Today’s focus: USDCAD Pattern – Heavy ResistanceSupport – 1.3514, 1.3454Resistance – 1.3602 Will current heavy resistance continue to block buyers? Does the price...
Read more
March 27, 2024
XAUUSD | Continuation Watch | Analysing Patterns and Trends | METALS
Today's focus: Gold's daily range: 2154 support, 2187 resistance. Traders eye breakout potential above resistance, mindful of support integrity. Stay vigilant for momentum shifts amid consolidation. Happy trading!
Read more
March 21, 2024
Bitcoin (BTCUSD) Stumbles | Failed Breakout or Short-Term Dip? | CRYPTO
Welcome, traders! In today's BTCUSD update, we assess yesterday's rally. Will sellers overpower buyers, or will momentum carry on? Stay tuned for insights.
Read more
March 19, 2024
GBPJPY | Analysis Post-BOJ Rate Hike: Bullish Breakout or Retracement? | FOREX
Welcome, traders! Today's update focuses on GBPJPY. The Bank of Japan lifted rates to 0.10%, ending a period of negative rates since 2007. They also hinted at ceasing yield curve control and ETF purchases. Stay tuned for more insights.
Read more
March 6, 2024
USDJPY | Daily Chart | Deciphering Consolidation Patterns, BOJ Dynamics, and Market Trends | FOREX
Welcome to today's market update. In focus is the USDJPY pair, observed through the lens of the daily chart. The narrative for today is straightforward: will the ongoing price consolidation lead to an upward breakout in line with the prevailing trend, or will it descend,...
Read more