Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingThe share has continued its sideways move since June. The price action is characterized by small body candlesticks. The bears have broken the lower levels of the market. Presently, the share is approaching level 5700. Daily Chart Indicators Reading:The 21-day SMA […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an uptrend. On September 2 uptrend; the pair was resisted at 0.6800 high. The retraced candle body tested the 50% Fibonacci retracement level. It indicates that the Kiwi will rise and reach a high of 2.0 […]
Key HighlightsEthereum rises, may reach a new high of $410Ethereum may retrace and find support above the EMAs Ethereum (ETH) Current StatisticsThe current price: $386.28Market Capitalization: $43,486,184,295Trading Volume: $54,261,378,104Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 12, 2020Ethereum bulls have continued to make a steady move after […]
BNBUSD Price Analysis – September 12 Further increase in price is envisaged and the resistance level at $30 is likely to be tested. The breaking up of the just mentioned level will expose the coin to $35 and $41 price level. In case the increase in price is interrupted by the bears, the price may […]
We trade to make profits, and therefore we hate losses and like profits. However, when we put losses in proper perspective, we would see it as occasional blessings in disguise. Losses can be a good thing if they make you evolve into a better and more effective trader. You will then be able to trade […]
Trading Forex is not a ‘one-size-fits-all’ skill. As the Foreign Exchange market changes day-by-day and minute-by-minute, so do traders’ strategies and plans. Even with a watertight strategy that’s been tried and tested, an unexpected turn of events may lead to water seeping in through the cracks. An ability to adapt to change and an eagerness […]
A career in financial products trading is highly lucrative. There are many people all over the world who are already involved in this industry. Many only know about forex trading, whereas there are numerous assets and contracts one can trade. A trader in Singapore is open to invest in stocks, commodities, options and futures among […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is consolidating between levels 3200 and 3400 since July. Since July, it has been fluctuating in a tight range. The key levels of the market are yet to be broken as price continues to consolidate. Daily […]
EURJPY Price Analysis – September 11 EURJPY pulls price around 125.58 level, up 0.43 percent daily, towards 126.00 round figure during the European session on Friday. The emerging risk-on sentiment is now raising EURJPY to fresh 3-day highs as ECB kept its monetary policy unaltered. Key LevelsResistance Levels: 127.50, 127.07, 126.78Support Levels: 124.43, 123.37, 121.96EURJPY […]
