Trading is a highly competitive human endeavor, but it is also highly rewarding. The financial markets can adeptly be compared to a battlefield; therefore a trading room can be likened to “a war room,” where you engage the markets. Victorious soldiers of the financial markets are those who make average gains that are bigger than […]
AUDUSD Price Analysis – July 30 The AUDUSD pair added, however during the early European session, to existing intraday losses and renewed daily lows around the 0.7140-35 zone. The Australian dollar further retreated from the recent 15-month high (0.7196) level as investors made gains after buyers were unable to crack the barrier of 0.7200 round-level. […]
EURUSD Price Analysis – July 30 Investors are taking a breather after notching new highs beyond the 1.1800 mark in the prior session, although at the time of this post EURUSD established on a corrective pullback to the mid-1.1700s level. Statements from Fed marginally impacted risk bias and compelled investors to cover some gains after […]
XAGUSD Price Analysis – July 29 Silver (XAUUSD) began a fresh week higher after a brief upside consolidation seen in the weekly closing, further on Monday with a bang reaching fresh 6.5-year highs amid the gold rally. XAG buyers are gathering momentum to a level of $30.00 holding the upsurge in the near term. Key […]
USDCHF Price Analysis – July 28 The USDCHF pair ended Monday’s seventh consecutive day in the negative territory and kept pushing down on Tuesday. USDCHF plunges beneath critical levels as dominant Swiss drags down pair. The pair was down 0.41 percent daily at 0.9156 level as of writing. Combined with the risk-averse climate, the broad-based […]
S&P 500 Price Analysis – July 28 S&P 500 Futures rise 0.35 percent during early Tuesday picking up bids close to 3249 levels. After once again faced rejection at 3250 levels, the S&P 500 has reached a consolidation trading period beyond 3200 levels, anticipating fresh support from US stimulus negotiations, optimism on global stocks, and […]
EURUSD Price Analysis – July 27 Earlier on Monday EURUSD reported new 23-month peaks in the 1.1750 area, extending the positive momentum to the present session. The latest progress reached Monday’s new 23-month high as the single currency is also boosted by growing tensions between the US and China dragging greenback to the lowest levels […]
XAGUSD Price Analysis – July 27 Silver (XAUUSD) began a fresh week on Monday with a boom after a quick upside consolidation seen in the weekly closing, rising nearly 5.88 percent over the last hours. XAGUSD bulls are gaining momentum near $25.0 level in the biggest ever advance to the stage. Amid high volatility, silver […]
GBPUSD Price Analysis – July 26 In the prior session, the GBPUSD pair spiked to level 1.2803, a recent six-week peak, following the weakness of the relentless dollar and optimistic UK numbers. Until it happens, Brexit-headlines controls the Sterling. There’s increased odds of a no-deal Brexit after the fifth round of talks collapsed last week. […]
