NOTE: This interview was done several years ago and it is part of the content of the book, “Unlock Your Potential With the Realities of Trading.” It is thus reproduced here, for the benefit of our readers. Trading is Ideal for a WomanWomen can be, and are, great traders as well. They certainly have admirable […]
EURUSD Price Analysis – October 22 The EURUSD pair exited overbought conditions and is ready to rally while correction sets in towards the 1.1807 regions. EURUSD has been keeping onto earnings arising from stimulus anticipation but foreign meddling in the US elections and increasing COVID-19 incidents may confine any earning. Key LevelsResistance Levels: 1.2150, 1.2011, […]
GBPJPY Price Analysis – October 21 Buying interest in the British pound picks up at the start of the European session as the GBPJPY moves to its weekly range highs around 137.20. The resumption of Brexit negotiations and the prevailing risk environment are undermining the Japanese yen. This arrangement favors buyers and supports further growth […]
EURCAD Price Analysis – October 21 The common European currency has increased by 25 pips or 0.17% against the Canadian Dollar since the days start. The EURCAD is currently trading in a narrow channel formation. Overnight the Canadian dollar weakened against other major curries as investors’ risk appetite improved. Key LevelsResistance Levels: 1.5739, 1.5675, 1.5600Support […]
XRP/USD Market October 21 The breaking up of the $0.25 resistance level will push up the price to resistance levels at $0.25, $0.27, and $0.29. The interruption of the bullish movement by the bears may result in price consolidation. Key Levels: Resistance levels: $0.25, $0.27, $0.29 Support levels: $0.23, $0.22, $0.21 XRP/USD Long-term Trend: Bullish […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD is still on a downward move but reaches bearish exhaustion. On October 12 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The implication is the pair will fall to level 1.272 Fibonacci extension and then reverse. […]
2020 is proving to be quite a milestone year for electric vehicle and clean energy company Tesla and its maverick CEO Elon Musk. The company manufactured its 1 millionth electric car. The Tesla Model 3 is now ranked as the world’s best-selling plug-in electric car. And to top it off, Tesla also accounted for 81% […]
S&P 500 Price Analysis – October 20 The S&P 500 is fixing a correction from the 5th consecutive daily low level of 3419 while raising rates around 3440, up 20 points, or 0.60% during the day during the Tuesday trading session. Uncertainty about fiscal stimulus, US elections, and the pandemic could mean the adjustment is […]
USDCHF Price Analysis – October 20 Intraday selling of the US dollar has accelerated since the beginning of the European session and over the last hour pushed the USDCHF pair to monthly lows in the region of 0.9075-70. Uncertainty over US fiscal stimulus has eroded the dollar and put pressure. Key LevelsResistance Levels: 0.9467, 0.9296, […]
