Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
GBPJPY Price Analysis – August 26 The GBPJPY is exactly at the top zone which is very close to the start of the sellers’ pattern which appeals to a downside bias around 139.70-80 zone. GBPJPY is losing gains at 0.14% on a day while taking the bids near 140.13 high level during the early Wednesday. […]
XAGUSD Price Analysis – August 26 Silver traders fail to extend the late-US session recovery moves from $26.06 level beyond $26.80 level as the quote drops on sellers attempt at $26.00 mark during the early Wednesday European session. The XAGUSD prices pullback after rally upwards guided by an ascending trend line since the end of […]
USDCHF Price Analysis – August 25 The USDCHF pair declined slightly into American session from early European session and fell in the last few hours to fresh daily lows, in the area of 0.9081. The mood on the market could weaken appeal for the Swiss franc safe-haven and serve to limit any negative trend. Key […]
S&P 500 Price Analysis – August 25 S&P 500 Futures is on the bids near the 3445 level during the European session on Tuesday. The risk barometer recently registered 4 consecutive positive sessions at a fresh all-time high of 3452 levels while extending the biggest run-up of 2020 weekly. Key LevelsResistance Levels: 3700, 3600, 3500Support […]
EURUSD Price Analysis – August 24 The Euro recovered traction during the European session on Monday after the decline of 0.5 percent on Friday, but there is still a risk of a deeper pullback. The multi-month high pullback at 1.1965 level meets buyers at 1.1754 level, and the continuing extension past 1.1800 level today, triggers […]
XAGUSD Price Analysis – August 24 Silver stays lackluster at around $26.45 level, up 0.25 percent a day, during Monday’s trading session in European markets. The White metal bounces off near-term lows near $26.20 level while prices increased as risk sentiment improves after the U.S. drug regulator approved the use of blood plasma from recovered […]
ADA Price Analysis – August 24 The price may bounce and continue on the bullish trend in case the demand level at $0.11 holds and it will encounter resistance at $0.13, $0.15 and $0.17 levels. It will continue its bearish momentum when it breaks down the demand level at $0.11 and more support level can […]
GBPUSD Technical Analysis – August 23 The GBPUSD pair ended the week unaltered in the price region of 1.3085, retreating from the year-high at 1.3267 level tested during the mid-week preceding. Nonetheless, the Brexit-related news was not so positive as yet another round of talks ended without success. Key LevelsResistance Levels: 1.3514, 1.3303, 1.3185Support Levels: […]
