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Trading: Myths and Facts – Part 4

Trading: Myths and Facts – Part 4
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S&P 500 Price Breaks Up 74 Point

Buyers are prevailing over sellers at $6474 level S&P 500 Price Analysis – 09 August The resistance levels of $6474, $6484, and $6500 could be touched by the S&P 500. This is predicated on the $6300 position remaining stable. If the price breaks through the $6300 support level, it might test the $6232 and $6151 […]

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GBPUSD Outlook Signals Sustained Downside Pressure With Weakening Sentiment

GBPUSD Outlook Signals Sustained Downside Pressure with Weakening Sentiment

Market Analysis – September 8 GBPUSD outlook signals sustained downside pressure with weakening sentiment. The GBPUSD pair is showing clear signs of bearish momentum as recent price action aligns with both moving averages and momentum indicators. The 9-day SMA at $1.3480 is acting as dynamic resistance, limiting upward movement and keeping the pair below the […]

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NASDAQ100 (NAS100) Signals Bullish Continuation With Key Levels In Focus

NASDAQ100 (NAS100) Signals Bullish Continuation with Key Levels in Focus

NAS100 Analysis – September 7 NAS100 signals bullish continuation with key levels in focus. The NAS100 index is sustaining a bullish trajectory, with price action holding above the 9-day Simple Moving Average, currently near $23,520. Momentum indicators such as the MACD show constructive stabilization, indicating that underlying demand remains strong despite short-term fluctuations. The overall […]

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USOil (WTI) Poised for Bullish Recovery After Recent Consolidation Phase

Market Analysis – September 5 USOil is poised for a bullish recovery following its recent consolidation phase. The overall market structure shows a strengthening bullish bias as technical indicators begin to align with upward momentum. The 9-day Simple Moving Average at $64.00 is close to the current price of $63.30, suggesting a potential shift from […]

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SPONGEUSDT Market Is Going Higher

SPONGEUSDT Market Is Going Higher

Sponge price is targeting $0.000196 SPONGEUSDT Price Analysis – 08 September The bullish momentum will be strengthened if the resistance level of $0.000145 is broken, followed by the barrier levels of $0.000196 and $0.000330. It might surpass $0.000330 if the bulls continue to push. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: […]

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EURUSD Price May Rise to .18 Point

EURUSD Price May Rise to $1.18 Point

Buyers’  momentum is not decreasing EURUSD Price Analysis – 08 September Buyers may be able to raise the price to the $1.18 and $1.19 barrier levels if they can overcome the resistance level at $1.17. If sellers can hold the price below the $1.16 barrier, prices can drop below the $1.15 and $1.14 support levels. […]

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USDCHF Price: Bears Are Prevailing

USDCHF Price: Bears Are Prevailing

USDCHF price may decrease further USDCHF Price Analysis –06 September The price may rise above $0.81 and get closer to the $0.82 hedging scenario if the buying impulse can hold above the $0.80 resistance position. If merchandisers put forth enough effort to lower the price from $0.79 to $0.77, they can still lower it to […]

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