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Litecoin (LTC) Consolidates above $127 Support, Resumes an Uptrend

Key HighlightsLTC price rallied to $140 highThe altcoin is in a downward correction Litcoin ( LTC) Current StatisticsThe current price: $133.31Market Capitalization: $12,430,898,839Trading Volume: $1,809,526,275Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis July 27, 2021Today, Litecoin’s (LTC) price is rising on the upside to revisit the previous low […]

3 hs

USDCAD testing the low of the bullish structure

Key Support: 125.50 Key Resistance: 1.2610 – 1.2750 The USDCAD has pulled back -2.2% from last week’s highs right to the 50% and the low of the bullish structure. Price is currently trapped inside of a range below the weekly pivot whilst printing good bullish divergence should this be the next higher low. Last week/this […]

4 hs

Defi Coin continues rally after breaking with the $1 level

Key Support: 1.20 Key Resistance: 1.50 After breaking with the $1 level last week (signal was also sent last week), Defi Coin has continued with its bullish move topping at around  per Coin. That’s a nice % bull run right there. Price has pulled back inside of a continuation pattern to retest the level and […]

6 hs

Bitcoin Regains Bullish Sentiment Amid Tesla’s Q2 Earnings Report

Tesla released its Q2 earnings report yesterday, which showed that the company’s net Bitcoin (BTC) holding has a value of $1.311 billion as of June 30. The electronic vehicle manufacturer did not make any additional BTC purchase, nor did it sell any of its holdings in the second quarter of this year. Meanwhile, the cash […]

9 hs

Dollar Regains Strength on US Statistics, COVID-19 Tracked

The dollar is growing amid uncertainty and ahead of the release of important data. The sluggish sentiment is affecting the broader markets and pushing the safe-haven dollar higher. Coronavirus cases in the United States continued to rise, with authorities in several jurisdictions demanding vaccinations for government officials. The rapid proliferation of the Delta variant will […]

9 hs

Cardano Price Pulls Back to Gain Momentum for Bullish Movement

ADA Price Analysis – July 27 In case the buyers increase their momentum to push price above $1.31 holds, the resistance levels of $1.46, and $1.64 may be tested. When the resistance level of $1.31 holds, the support levels of $1.11, $0.98 and $0.83 may be targeted. ADA/USD Market Key Levels: Resistance levels: $1.31, $1.46, […]

10 hs

GBP/USD Resumes Upward Move, Faces Rejection at Level 1.3850

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair‘s downward move has reached bearish exhaustion. The pound has resumed an upward move since July 21. The price has broken the 21-day SMA. A break above the moving averages will propel the pair to rise. Meanwhile, on June […]

14 hs

AUD/JPY continues downtrend, targets level 77.42

Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishOn July 19, AUD/JPY pair fell to $80 low and resumed upward. For the past week, the pair has been correcting upward. The selling pressure will resume if price breaks below level 80.00. The Fibonacci tool has indicated a further […]

19 hs

Bitcoin Cash (BCH) Rallies to $510 High as Sellers Threaten to Short

Key Highlights BCH rallies to $510 highThe bears are likely to sell on rallies Bitcoin Cash (BCH) Current StatisticsThe current price: $497.06Market Capitalization: $11,428,914,123Trading Volume: $1,733,403,132Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis July 26, 2021 Bitcoin Cash (BCH) has rebounded and broke the resistance at […]

1 d

Ethereum Classic Welcomes Magneto Network Update

Ethereum Classic (ETC) is back on a bullish trajectory amid the implementation of the “Magneto” network update. The Magneto upgrade, first announced on June 11, got activated at block 13,189,133. The update also includes the Ethereum Improvement Proposals (EIP) first observed in Ethereum’s (ETH) Berlin Upgrade at the beginning of this year. The team behind […]

1 d
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Choosing the Best Forex Brokers For Trading

All looks simple, but until you come across the worst broker, it is when you’ll realize that trading forex is not a walk in the park. Working with the best forex broker will determine how successful you can become in the market. Interestingly, there’re several brokers available, with almost all of them claiming to be the “best.” However, not all deliver what they promise or simply what they claim to offer. Therefore, it requires that you go the extra mile to define which broker is really the best for your needs.


How Do Brokers know the Stocks to Invest In?

Everybody has got an option, and when it comes to the tricky game of investing and trading, it’s no difference. If you went out to seek recommendations on the stock to invest in, you’d probably get several of them with each professional giving a reason for their choices. But the question stands, how do brokers pick the right stocks to invest in?

Author : Michael Fasogbon


Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.