XAGUSD Price Analysis – September 19 With rising energy costs and plummeting metal prices, Silver (XAGUSD) is under severe strain. After better-than-expected US economic data in the prior week, precious metal prices plummeted and are under pressure around the mid $22.00 level. XAG fell below the important $23.50 mark and had since experienced increased selling. […]
“I am actually trading because I learn a lot of important life lessons from it. Trading helps me get to know myself. It helps me think about why I believe things and why I do things.” – Van Eekelen Name: Michael PlattDate of Birth: 12 December 1968Nationality: BritishOccupation: Hedge fund titan CareerBorn in Preston, England, […]
GBPJPY Price Analysis – September 17 GBPJPY is resisting bearish pressure by forging the market into an ascending triangle pattern. Bearish pressure effectively kicked in when price hit a 3-year high at 156.100 on the 27th of May 2021. Since then, price began a downtrend with a selling pressure which superseded the efforts of the […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – September 16 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade breaks to the downside of its range. This consolidation phase, which has […]
USDCAD Price Analysis – September 15 USDCAD tends to pull back as the market continues to rally upward. It demonstrates that the bulls appear to be in charge despite the bears continuing to exert pressure on the market. The price appears to be responding to the trend line structure, with historic highs being broken. Therefore, […]
EURCHF Price Analysis – September 14 EURCHF bulls press on with their bullish sentiment. The market overturned the decline in price which had ravaged the market for several weeks when it touched down at 1.07200 on the 5th of August 2021. The new rally was initially resisted at 1.03480, but a strong rebound from the […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: RangingSince 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 […]
USDCHF Price Analysis – September 14 During the early Tuesday session, the USDCHF pair retreated lower but overall has continued to main the prior day’s advance beyond the 0.9200 psychological level. The risk-on scenario harmed the safe-haven CHF, although it stayed resilient despite the rising USD. Key LevelsResistance Levels: 0.9375, 0.9304, 0.9240Support Levels: 0.9200, 0.9150, […]
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 […]
