Technical indicators: Major Resistance Levels – 1.2800, 1.2900, 1.3000Major Support Levels – 1.1900, 1.1800, 1.1700 GBP/USD Long-Term Analysis: BearishGBP/USD is in a downtrend as it holds above 1.0356. The currency pair corrected upward and broke above the 21-day line SMA but failed to breach the 50-day line SMA. The pair could have resumed an uptrend […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downtrend as sellers target level 10323 low. The index has fallen to the low of 10694. The market will further decline to the previous low. On the September 30 downtrend, NAS 100 made an upward […]
“Illusions are something pleasant. The disadvantage is that they tend to burst like a bubble.” – Wolfgang Kurz There are many Internet fraudsters and scammers out there whose primary aim is to turn you into a dupe. They will do everything possible to convince you that their claims are genuine. This includes fake websites and/or […]
Successful traders may differ in their trading strategy, but they do have one thing in common. Pro traders have learned to manage key emotions that affect their results. Here’s how you can do the same. Finding and properly following a proven trading strategy is one of the most important steps to becoming a successful stock […]
Bulls’ pressure increases in USDCHF market USDCHF Price Analysis – October 14 When buyers gain more momentum, the resistance level of $1.00 may be broken upside and USDCHF will be exposed to $1.01 and $1.02 resistance level. In case price is rejected at the resistance level of $1.00, bearish trend may commence towards the support […]
Bulls May Dominate Binance coi n market BNBUSD Price Analysis – October 14 Bearish movement may continue if the sellers push Binance coin below the support level of $256, then, support levels of $209 and $187 may be tested. Inability to break down $256 level may lead the coin to the resistance levels at $276, […]
USDJPY Analysis – October 13 USDJPY buyers drives the market into an overbought region. As indicated by the Relative Strength Index (RSI), USDJPY is currently overbought and a retracement is probable. The ranging market was broken on the 11th of March, 2022. After that, the Japanese yen became weaker than the US dollar. Market Significant […]
Buyers may dominate the Silver market SILVER Weekly Price Analysis – October 13 Further increase in the sellers’ pressure may decrease Silver below $18, then, $17 and $16 levels may be tested. In case the buyers oppose sellers at $18 level, the price may break up the resistance level of $19, the price may increase […]
Sellers are exerting more pressure in Uniswap market Uniswap Price Analysis – October 13 Ability to break down $5.1 price level by the sellers, Uniswap price may decrease to $4.5, and $2.7 levels. In case the bulls were able to defend the support level of $5.1, price may increase towards the resistance levels of $5.7, […]
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