Financial Guides

SILVER Weekly Price Analysis – March 06 In case the bulls are able to increase their momentum and penetrate the resistance level at $25 with the daily candle close above it, then, the price may increase further to $26 and $27 price level. Should the bears defend the resistance level of $25, the support level […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For […]

Tesla Inc stock (NASDAQ:TSLA) rose upwards in November 2021, and then got caught in a very rough and choppy bearishness between December 2021 and March 2022. Now, there is a clean bullish effort in the market. Price has gone significantly above the EMA 21, while the William’s % Range period 20 is already in the […]

AUDUSD Price Analysis – March 30 The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUD/USD Market Key levels: Resistance […]

Key Resistance Levels: 132.00, 133.00, 134.00 Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair has broken the previous overhead resistance and may further rise to level 136.16. The first uptrend retraced to the low of level 133.72 and commenced an upward move. Further upward move is unlikely as the market reaches the […]

DR. VAN K. THARP TURNS TO LIGHT “In loving memory of Van K. Tharp (1946 – 2022). A beloved leader who touched the lives of so many traders around the world.” – VTI Our hearts are heavy to share the news that Dr. Tharp, our beloved Van, has turned to light and passed to the other […]

Verizon Communications Inc. stock (NYSE:VZ) is a good example of what we call a choppy market. Since the recent bearish trend ended in 2021, price has been choppy and directionless. Currently, price is situated within the upper and lower Trendlines, while the RSI period 14 is situated slightly below the level 50. All these show […]

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD is in a downtrend as it may further decline to level 1.2914. On the weekly chart, the currency pair has been fluctuating between levels 1.3160 and 1.3800 since October 25, 2021. The downtrend may resume as price breaks below […]

EBay Inc. shares (NASDAQ:EBAY) are currently in a downtrend and this is expected to continue in spite of attempted rallies along the way. There is a recent bullish candle in the market, which should give an opportunity to go short at cheaper rates. DMI 14 is around the level 40, which supports huge volatility in […]

Technical analysis is very important for trading, but many people don’t understand what it is, nor do they know how to apply it to their own trading. The truth is, when applied correctly and objectively, technical analysis works. So what is technical analysis? It is a trading discipline employed to evaluate investments and identify trading […]