Investing Advice

Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bearish The EUR/GBP pair is presently falling after retesting level 0.9000. The downtrend has been ongoing since June 29. The price has broken below the bullish trend line. This is an indication that the selling pressure may continue on the downside. […]

AUDUSD Price Analysis – July 9 The AUDUSD pair retreated to level 0.6950 after failing to rise above 0.7000 level earlier in the week. Despite the growing number of confirmed infections with coronavirus in the US, increased optimism about a vaccine allows market sentiment to remain upbeat. Key Levels Resistance Levels: 0.7205, 0.7064, 0.7031 Support […]

World Wrestling Entertainment stock (NYSE:WWE) is currently making attempt to rally further upwards. Since the end of the recent bearish movement (which ended in March 2020) rally efforts have been in place. Since March till now, bulls have been pushing the market upwards gradually, although the bullish momentum waned in June. Right now, there is […]

Lloyds Banking Group shares (LSE:LLOY) are currently moving sideways in a serious consolidation, and an expected breakout will favor bears when it does occur. From February to April 2020, price dropped massively, and it has been consolidating since then. Right now, price is closer to the lower Trendline and it may break it to the […]

Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the market will reach a low of 2.618 extension level. EUR/CHF’s first target will be at  level 1.618 Fibonacci extension level. […]

Gold remains range-bound around the $1,770 level for the better part of the European session and even now as we approach the close of the session. Meanwhile, strategists at TD Securities have opined that the yellow metal will likely surpass the $1,800 mark as inflation-hedge assets gain popularity. According to the strategists, gold is on […]

GBPJPY Price Analysis – June 21 In the last session, the GBPJPY cross lost some extra ground and slipped to new monthly lows while staying beneath the 132.00 level. The collapse was supported by the strongly offered tone encircling the British pound which accompanied the last session’s policy decision by the Bank of England (BoE). […]

BP shares (LSE:BP.) are currently in a ranging movement. Following a heavy downfall in February and March 2020, price has moved sideways rather than upwards. However, a breakout to the upside is nigh. ADX period 14 is around the level 30, which means there is considerable amount of momentum in the market. DM+ is above […]

Premier African Minerals stock (LSE:PREM) has recently undergone what could be called a roller-coaster movement. From January to February 2020, price moved sideways. From February to March, it moved downwards. From March to April, it moved sideways again. It went upward in May and has started coming down this June. The market is currently below […]

Key Resistance Zones: 74.000, 76.000, 78.000 Key Support Zones: 66.000, 64.000, 62.000 AUD/JPY Long-term Trend: Bearish The pair is in a downward move. The market was earlier in a bearish trend. A correction candle tested the 0.786 Fibonacci retracement level. It indicates that the market will rise and reach a high of 1.272 Fibonacci level. The pair […]