The Van Tharp Institute, a stalwart in the world of trading education, has made a significant and heartfelt announcement. On December 15, 2023, the institute closed its doors, marking the end of an era. This transition comes 18 months after Dr. Van Tharp, the visionary founder of the Institute, embarked on his journey into the […]
Sponge attracts more buyers SPONGE (SPONGEUSDT) Price Analysis – 10 October The sponge is getting close to the $0.000136 resistance level, which could be breached if the Bulls gain more traction, however, a pullback is unavoidable. If the Bulls’ momentum wanes, the price may briefly consolidate Price Level: Resistance Level: $0.000136, $0.000196, $0.000330 Support Level: […]
The Russian currency’s (ruble) rollercoaster ride continues as it nears a critical juncture, closing in on 101 per dollar, reminiscent of Monday’s unsettling low of 102.55. This downturn, fueled by heightened demand for foreign currency domestically and falling global oil prices, has sent shockwaves through financial markets. Today’s turbulent ride saw the ruble briefly weaken […]
Market Analysis – October 10 NZDUSD encounters significant resistance at the 0.64100 level. Despite numerous efforts, pricing was unable to break beyond the 0.64100 barrier, ultimately plummeting. NZDUSD Key Levels Demand Levels: 0.60700, 0.58200, 0.55500Supply Levels: 0.64100, 0.65850, 0.67200 NZDUSD Long-Term Trend: Bearish NZDUSD pair exhibited a bearish outlook as it encountered the 0.64100 level. […]
Market Analysis – October 10 Nasdaq 100 (NAS100) bulls fight to regain control amidst bearish pressure. The index pair has found itself amid a fierce battle as relentless sellers refuse to cede ground. This week, the buyers have faced headwinds in their attempts to regain control of the market. The bears seem determined to keep […]
Market Analysis – October 9 GBPUSD buyers pose a threat to the selling trend. The GBPUSD market sentiment is a complex interplay of emotions, with both buyers and sellers participating actively. At present, buyers are positioning themselves for a short-term bullish trend, while sellers are eyeing a long-term sell-off. The tug-of-war between these two factions […]
The US dollar embarked on an impressive winning streak during the third quarter of 2023, surging for a remarkable eleven consecutive weeks. Such a resilient performance had not been witnessed since the heydays of Q3 2014. The primary catalyst behind this remarkable rally can be attributed to the surge in long-term Treasury yields. These yields […]
Market Analysis- October 7 US Oil (WTI) is under increasing bearish pressure. The US Oil (WTI) market has seen significant bearish momentum dominate its landscape recently. Last week, the bears came roaring back, challenging multiple key levels. They eventually disrupted the bullish trend that had been prevailing for much of September. This October, the bearish […]
The Canadian dollar remained firm against its U.S. counterpart, buoyed by robust job growth data from both nations for September. Despite this resilience, the loonie was poised to conclude the week with a modest decline due to concerns over rising global bond yields. The Canadian dollar, trading at 1.3767 against the U.S. dollar, displayed resilience […]
