PLUS1
Foreign Exchange
GBP/USD Is in Sideways Move, Battles Resistance at Level 1.4000
15 Sep 2021 @ 21:25
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Ranging Since September 3, GBP/USD is stuck at level 1.3891. The bulls have made three attempts to break the resistance at the recent high but to no avail. On September 3, the currency pair was repelled as it fell to 1.3726 low. […]
AUDJPY Faces the 80.760 Support Level in Its Downtrend
15 Sep 2021 @ 21:05
AUDJPY Price Analysis – September 13 AUDJPY faces the 80.760 key level as it slips downward. The market began an uptrend after price beat a retreat at the 78.200 support level. The market kept climbing upward till it reached 82.090, at which point the market was knocked down. On its way downward, however, AUDJPY now […]
Gold (XAUUSD) Is in a Downward Correction, Struggles Below $1.830 Resistance
10 Sep 2021 @ 17:04
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold (XAUUSD) is in a downward correction after its rejection at the high of level $1,900. Today, the Gold is rising after falling to the low of $1,782. The upward move will be accelerated if price breaks above the […]
XAGUSD Surges on Dismal US Jobs Report Amid Depressed Dollar
10 Sep 2021 @ 16:55
XAGUSD Price Analysis – September 10 Silver (XAG) is up 3.90 percent from the last session, assisted by the dismal NFP report, which came in below forecasts. XAGUSD reached $24.87, its highest level in a month, as per the technical analysis. The dollar stays depressed overall, extending weekly losses. Key Levels Resistance Levels: $26.00, $25.50, $25.00 Support […]
EURCHF Keeps Retesting Zones as It Continues to Range
25 Aug 2021 @ 22:37
EURCHF Price Analysis – August 24 EURCHF keeps retesting between the 1.0070 resistance key level and the 1.0700 support level. The market has been kept back by its bearish trend. This is due to price rejection between the two key zones. The EURCHF market has been battling to continue its bearish trend and has been […]
USDCHF Slide Poised To Remain, Swissy Gains From Safe-Haven Status
25 Aug 2021 @ 22:25
USDCHF Price Analysis – August 25 During Tuesday’s European trading hours, the USDCHF maintain its decline and struck a low of 0.9117 after sliding from the prior day’s high of approximately 0.9178. Amid concerns about the coronavirus and a resurgence in the global economy, the Swiss franc gains on its safe-haven status. At the time of this […]
Gold (XAUUSD) Consolidates Above $1,720, Further Selling Pressure Is Likely
17 Aug 2021 @ 12:36
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold price is in a downward move. On August 9, the XAUUSD fell to $1,677 low and corrected upward. Today, the market has risen to a level $1,756 and a further upward correction. Meanwhile, on June 17 downtrend; a […]
XAGUSD Attempt at Further Recovery Stays Beneath $26.00
17 Aug 2021 @ 12:26
XAGUSD Price Analysis – August 17 Silver has made another attempt to climb higher and has recouped some of its previous losses, but the XAGUSD pair still has a long way to go before the buyers are secure. As buyers observe the gap between central banks and mixed greenback over its peers during times of heightened risk […]
Perfect Crypto Investment Strategies – Part 3
15 Aug 2021 @ 18:05
A NON-DIRECTIONAL (MARKET-NEUTRAL) CRYPTO TRADING METHODOLOGY It has been said often and often, that rule-based discretionary traders are the best traders on this planet. For you to be a winning trader, you need to abide by the Golden Rules of trading, which ensure your lasting success in the markets. Trading principles that work are timeless […]
Annual forecast for Bitcoin (2021)
05 Aug 2021 @ 12:33
Bitcoin price (COIN:BTCUSD) is bearish in the short-term, but bullish in the long-term. Price dropped massively in May 2021, and then consolidated until mid-July and then rose massively. The market is currently above the upper Trendline, and the RSI period 14 is also above the level 50, signifying a northwards propensity. The current bullish momentum […]
