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Trading: Myths and Facts – Part 4

Trading: Myths and Facts – Part 4
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BNB (BNBUSD) Price May Reach Previous High

BNB (BNBUSD) Price May Reach Previous High

BNBUSD retesting $840 level BNBUSD Price Analysis: 06 September If buyers can hold onto the $840.0 support position and break above the $866.0 resistance position, they might be able to drive the price to test the resistance levels of $878.0 and $882.2. BNB should aim for the previous lows of $792.6 and $756.0 if it […]

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Gold (XAUUSD) Bullish Structure Prepares For Another Upward Continuation

Gold (XAUUSD) Bullish Structure Prepares For Another Upward Continuation

Market Analysis – September 4 Gold (XAUUSD) bullish structure prepares for another upward continuation. The gold market continues to maintain a strong upward bias, with price action holding well above the short-term moving average at $3,460. The Stochastic Oscillator, although slightly elevated, still indicates that underlying bullish momentum has not been fully exhausted. The market’s […]

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FTSE 100 Signals Extended Bearish Retracement Within Corrective Phase

FTSE 100 Analysis – September 3 FTSE 100 signals an extended bearish retracement within the corrective phase. The FTSE 100 Index is currently undergoing a notable pullback as momentum indicators point to weakening buying pressure. The price has slipped below the short-term moving average positioned near $9,240, with the RSI easing from its overbought region […]

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Silver Price Approaches All Time High

Buyers’ momentum is going higher SILVER Price Analysis – 05 September If the price is greater than $41 and a lot of people purchase it, it will attempt to move up into the $42 –$43 range. However, if merchandisers are able to maintain the $41 pricing posture and the $40 support position is breached, the […]

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AUD/JPY Consolidates After Rally As Bulls Eye Higher Targets

AUD/JPY Consolidates After Rally As Bulls Eye Higher Targets

AUDJPY Analysis – September 4 The AUDJPY pair maintains a robust bullish outlook despite experiencing a modest pullback, holding firmly above critical support zones. Market sentiment remains tilted in favour of buyers, who continue to dominate following a sustained multi-month advance, thereby keeping the door open for further upside opportunities. AUDJPY Key Levels Support Levels: […]

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SPONGEUSDT Market: Bullish Movement Is Getting Stronger

SPONGEUSDT Market: Bullish Movement Is Getting Stronger

Sponge market under bulls’ control SPONGEUSDT Price Analysis – 03 September If the resistance level of $0.000145, followed by the barrier levels of $0.000196 and $0.000330, is broken, the bullish momentum will be reinforced. It could rise above $0.000330 if the bulls keep pushing. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support levels: […]

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US30 displays steady bullish resilience with upside potential ahead

US30 Displays Steady Bullish Resilience With Upside Potential Ahead

US30 Analysis – September 2 US30 displays steady bullish resilience with upside potential ahead. The US30 has maintained a strong upward trajectory, consolidating above its short-term moving average near $45,450. Momentum remains favorable as the Relative Strength Index (RSI) hovers around 61, reflecting healthy buying pressure without moving into overbought conditions. The index continues to […]

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EURCHF Faces Bearish Pressure as Buyers Pull Out

EURCHF Faces Bearish Pressure as Buyers Pull Out

EURCHF Analysis – September 2 The EURCHF pair is currently under sustained bearish pressure after facing a strong rejection at the 0.94450 resistance level. Since that rejection, sellers have firmly taken control, reversing the recent bullish attempt and steadily driving the price lower. EURCHF Key Levels Support Levels: 0.93420, 0.93070, 0.92590 Resistance Levels: 0.94450, 0.95070, […]

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