Currency

Silver Price: Bulls Return Past $24.00 Level on XAGUSD Amid Dollar Weakness

16 Dec 2020 @ 21:43
XAGUSD Price Analysis – December 16 Silver (XAGUSD) price registers technical buying early in the European session while bulls return past the $24.00 level. The white metal is up ahead in trend amid continued dollar weakness on Tuesday as a result of an improved risk appetite. Key Levels Resistance Levels: $27.50, $26.00, $24.50 Support Levels: […]
 

Are there the best and the worst months to trade?

09 Dec 2020 @ 22:44
The first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]
 

EURUSD Upside Run Halts Under the Barrier at 1.2150 Level Suggesting Deeper Pullbacks

09 Dec 2020 @ 22:25
EURUSD Price Analysis – December 9 The major European currency adds to prior session corrective downside and takes EURUSD to fresh lows in the sub-1.2100 area. EURUSD appears to be fading after its upside run halts under barrier 1.2150 level. The pair is off its highs could extend its downward correction. Key Levels Resistance Levels: […]
 

Nasdaq 100 Price Analysis — December 3

03 Dec 2020 @ 18:26
The Nasdaq 100 (NDX) has rounded off November on a positive note, after the month up by more than 11%. This surge was mainly stimulated by the recently-concluded US Presidential election and the discovery of potential COVID-19 vaccines. These themes were the major dominating fundamental factors through November, as hopes for things to go back […]
 

Germany 30 (DE30EUR) Is in a Downward Move, May Fall to Level 13153.70

03 Dec 2020 @ 17:49
Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bullish The index is an upward move but it is facing resistance at level 13200. It must have reached bullish exhaustion as it faces rejection. On November 10, a retraced candle body tested the 88.6% Fibonacci retracement. This indicates […]
 

XRP/USD Pulls Back at Resistance Level of $0.72

26 Nov 2020 @ 20:27
XRP/USD MARKET NOVEMBER 26 After the price retracement, it may resume its bullish trend and the resistance level of $0.79 and $0.88 may be reached. Below the current price, the level is found the support levels at $0.55, $0.44, and $0.39. However, the relative strength index period 14 is at 70 levels bending down to […]
 

Trading Cable? The Political Winds Blowing GBP/USD All Over the Place

24 Nov 2020 @ 22:11
Technical indicators aside, what are the fundamentals that should support a currency’s strength? We can point to things like economic strength, political stability and high interest rates as among the basic factors. There are other influential factors, for sure, but those three are the basic fundamentals that decide whether the lines go up or down; […]
 

USD/JPY Is Reaching Bearish Exhaustion, May Reverse at Level 103.23

21 Nov 2020 @ 18:41
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bearish The USD/JPY pair has been in a downward move since November 12 after a rebound above level 103.30. The pair is approaching the previous support at level 103.30. The selling pressure will resume if the current is broken. […]
 

EURJPY Bearish Momentum Remains Toward 123.00 Level

21 Nov 2020 @ 18:26
EURJPY Price Analysis – November 20 The EURJPY pair is attempting to close beneath the 123.37 price zone as speculative interest stays trapped between coronavirus outbreaks and vaccine hopes. The pairs selling momentum remains toward the 123.00 level. Key Levels Resistance Levels: 127.07, 125.00, 123.37 Support Levels: 122.37, 121.61, 119.31 EURJPY Long term Trend: Ranging […]
 

Tips For Choosing Your Forex Broker

16 Nov 2020 @ 22:07
You are going to have a lot of choices when looking into a forex broker, and there are many differences between each one. Every broker is going to offer you a different service, with advantages and disadvantages, and not all of them are going to be the right fit. Getting into currency trading is much […]
 
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