James Harry Simons (sometimes known as Jim Simons) is a great American funds manager, philanthropist and mathematician. He was born in 1938 and raised in Massachusetts. He got his BSc in math at the age of 20 and his PhD in math at the age of 23. He was a member of research staff at […]
Market Analysis – April 21 USDJPY failed to break the resistance level of 138.0 in the market. This led to the pullback to the bullish order block at the demand level of 130.0. USDJPY Key Levels Demand Levels: 130.0, 127.0, 125.0 Supply Levels: 138.0, 142.0, 150.0 USDJPY Long-term Trend: Bullish The bearish order block resting […]
Market Analysis – April 20 Gold (XAUUSD) ascent from 1804.0 to 1958.0 was delivered with dazzling speed. Since the break of the 1958.0 key level, the market has spent a relatively longer duration without pushing further to the next resistance level. Gold Key Levels Demand Levels: 1958.0, 1804.0, 1612.9Supply Levels: 2068.0, 2150.0, 2300.0 Gold Long-Term […]
The US dollar-to-Japanese yen currency pair (USD/JPY) made an impressive comeback on Friday after losing ground in the early hours. The sudden surge was sparked by better-than-anticipated economic data from the United States, which sent the pair soaring from 133.55 to 134.35 in just a few minutes. The S&P Global Flash US Composite PMI, which […]
Market Analysis – April 21 Bitcoin retraced to gain momentum for an ascent to break the 24826.0 resistance level. The failure to push through the major level was revealed with the double top that formed in February. Currently, the buyers have opted for a pullback once again to gain bullish momentum for an ascent. Bitcoin […]
Market Analysis – April 20 The USDCAD market experienced a bullish breakout in February. A retracement followed to establish a retest upon the breakout. After a bounce off the previous resistance trendline, the price fell below the confluence zone. USDCAD Key Levels Demand Levels: 1.3180, 1.2980, 1.2820 Supply Levels: 1.3520, 1.3690, 1.3880 USDCAD Long-term Trend: […]
It’s a tale as old as time: the euro and the U.S. dollar (EUR/USD) battling it out for currency supremacy. And in recent days, it seems the euro has gained the upper hand, as the pair rebounded on Thursday after a subdued performance in the previous session. While gains were limited, the euro managed to […]
Market Analysis – April 18 The EURCHF market structure has remained bearish since the formation of the swing high of 1.0090 in January. Multiple swing lows have assembled in an orderly manner to form lower highs. EURCHF Key Levels Demand Levels: 0.9820, 0.9720, 0.9700 Supply Levels: 0.9970, 1.0060, 1.0090 EURCHF Long-term Trend: Bearish The market […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY has been rising since it soared to a high of level 147.62 but faces rejection at level 148.00. The current surge is projected to continue moving upward. The pair is once more testing the historical price level of […]
