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Usoil Reaches an Overbought Region, May Face Rejection at $85.39
17 Jan 2022 @ 18:29
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
EURUSD Hovers Near Multi-Month Low, Under 1.1250 Level
24 Nov 2021 @ 16:16
EURUSD Price Analysis – November 24 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot is trading […]
Is It Rational to Settle For 10% Returns per Month?
24 Nov 2021 @ 15:58
“One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic weak-willed excuses.” – Chris T. Perfectionism – a bane of the […]
Solana (SOL) Price Analysis: SOL/USD Finds Support Above $225 Resumes Uptrend
17 Nov 2021 @ 19:00
Highlights Solana retraces to $236 low SOL/USD rallies to $260 highSolana (SOL) Current Statistics The current price: $236.86 Market Capitalization: $121,293,789,737 Trading Volume: $2,391,079,319 Major supply zones: $280, $300, $320 Major demand zones: $160, $140, $120Solana (SOL) Price Analysis November 15, 2021 Solana’s (SOL) price has been trading above the moving averages. The market is...
Union Jack Oil price: UJO to crash further
25 Sep 2021 @ 07:34
Union Jack Oil Plc shares (LSE:UJO) are currently in a maniacal downtrend. There was a perceived ranging movement in April and May 2012, which ended in the following month of June, as a bearish run sets in. There were desperate bullish attempts in June and July, but further northwards movements were rejected at a recalcitrant […]
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 […]
Xtract Resources Plc. price: XTR expected to go further southwards
07 Sep 2021 @ 12:30
Xtract Resources Plc. shares (LSE:XTR) is supposed to go downwards as the current price action supports more bearish movement, rather than bullish movement. From March 2021 to June, there were massive selling pressures in the market, as made evident by the downtrend witnessed during that period. 4 EMAs are used for this analysis, and they […]
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 […]
