This article was originally written in 2015 and was later published in the book “Unlock Your Potential With the Realities of Trading.” It is reproduced here for readers to understand what really happened to CHF pairs that year and why it was unprecedented. You will also understand why risk control is very important. “…One can […]
GBPJPY Price Analysis – November 11 The GBPJPY surge past the key 140.00 psychological marks while maintaining strength towards two-month highs during the early European session. GBPJPY continued gaining traction for the 3rd day in a row on Wednesday. Refreshed optimism for a Brexit deal boosts the British pound, while the upbeat market mood suppressed […]
EURCAD Price Analysis – November 11 The EURCAD pair is losing a major part of its prior day recovery gains and was last seen hovering near the lower end of its daily trading range, around the 1.5370 level. It stays constrained in sideways trading beneath the 1.5430 level and above the 1.5300 level. The weaker […]
USDCHF Price Analysis – November 10 Despite USDCHF plunge to its lowest level in recent times below 0.9000, the pair posts an impressive rebound to 0.9175 level. As US Dollar Index climbs further on Tuesday, the pair continues to push higher and the risk-on market at the start of the week made it difficult for […]
S&P 500 Price Analysis – November 10 S&P 500 pullback from the all-time high continues lower as it retreats beneath the 3350 levels during early Tuesday. The COVID-19 vaccine-induced optimism, mainly propelled by headlines from Pfizer-BioNTech research boosted the financial markets but later weakened. Key LevelsResistance Levels: 3750, 3600, 3550Support Levels: 3500, 3400, 3210S&P 500 […]
ADA Price Analysis – November 10 The price may likely reach the resistance level of $0.11 level and possibly break it up to test $0.13 and $0.15 level. In case the resistance level of $0.11 holds, the price may reverse towards the south and decrease to support levels at $0.10, $0.08, and $0.07. ADA/USD Market […]
NEO Price Analysis – November 09 When the bulls push up the price to break up the two dynamic resistance levels, the bulls may likely break up the resistance level of $16 and expose the price to $19 and $22 price level. In case the dynamic resistance levels hold the price, bearish momentum may continue […]
EURUSD Price Analysis – November 9 EURUSD is off the highs as the pair retreats and stays beneath the 1.1900 level. The upbeat Eurozone Sentix data offered some temporary boost to the bulls but not enough to take out the 1.1900 resistance. Markets are eyeing further responses and coronavirus headlines. Key LevelsResistance Levels: 1.2011, 1.1917, […]
XRP/USD Market November 08 The price may reach the resistance level of $0.27 provided the bulls maintain their pressure; further increase in the bulls’ momentum may break up $0.27 and target the $0.29 price level. Should the price reverse, it may find support at $0.23, $0.22, and $0.21price level. Key Levels: Resistance levels: $0.25, $0.27, […]
