Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair has been in a downward move. The pair has fallen to level 104.34 and it is correcting upward. A retraced candle body tested the 61.8% Fibonacci retracement level. It indicates that the Yen is supposed to reach […]
NOTE: This interview was done several years ago and it is part of the content of the book, “Unlock Your Potential With the Realities of Trading.” It is thus reproduced here, for the benefit of our readers. Trading is Ideal for a WomanWomen can be, and are, great traders as well. They certainly have admirable […]
Forex trading has become a very popular activity for people. In the recent decade, the surge in the FX market is visible and people are constantly looking for new opportunities to earn money on the largest financial market. Few would deny that exchange rates should be at least partly determined by the supply-demand ratio, i.e. […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: RangingAustralia 200 is fluctuating below level 6200 in the last four months. On October 16 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the market will reach level 1.272 Fibonacci extension. In other […]
Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BearishThe Pound downtrend has reached bearish exhaustion. Buyers are emerging in the oversold region. On September 11 uptrend, the last retraced candle body tested the the38.2% Fibonacci retracement level. This indicates that EUR/GBP will rise and reach level 2.618 Fibonacci […]
Key HighlightsBCH regains the critical support at $250 highThe coin has a targeted price of $306.52 Bitcoin Cash (BCH) Current StatisticsThe current price: $271.38Market Capitalization: $5,034,581,664Trading Volume: $3,346,777,371Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis October 22, 2020For the past week, BCH was in a downward move […]
EURUSD Price Analysis – October 22 The EURUSD pair exited overbought conditions and is ready to rally while correction sets in towards the 1.1807 regions. EURUSD has been keeping onto earnings arising from stimulus anticipation but foreign meddling in the US elections and increasing COVID-19 incidents may confine any earning. Key LevelsResistance Levels: 1.2150, 1.2011, […]
Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishThe AUD/JPY pair has been in a downward move. This is immediately after the rejection at level 76.50. A retraced candle body tested the 61.8% Fibonacci retracement level. This implies that the Yen will further decline to level 1.618 Fibonacci […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a range bound move. The index is currently fluctuating between levels 4800 and 5100. Recently, the price broke the lower price range but pulled back into the range-bound zone. The price is falling to […]
