Trade the Markets by following

Forex News and Market Analysis

Trading News

Bitcoin (BTC) Surges Ahead, Targets $9,200 Resistance

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Since January 14, Bitcoin has been in a period of price consolidation. The coin has been fluctuating between $8,250 and $9,000. Today, BTC reaches the low of $8,250 and it is bouncing upward. In the previous week, …

1 day

Ripple Chief Has a Prediction for Crypto Companies This Year

The Chief Executive Officer of Ripple, Brad Garlinghouse has predicted that Initial Public Offerings will become a frequent undertaking in the crypto sector in 2020. The executive made this prediction at the just concluded World Economic Forum which was hosted in Davos, Switzerland. Brad also insinuated that Ripple will be looking to IPO this year. …

1 day

EURJPY Plummet and Rebound From the Near Term Low Level at 120.67

EURJPY Price Analysis – January 24 The currency pair is losing ground for the second consecutive session on Friday, falling under strong bearish pressure amid negative indicators of the single currency, aggravated after the ECB meeting on Thursday. Key Levels Resistance Levels: 124.31, 123.37, 122.87 Support Levels: 120.67, 119.99, 115.83 EURJPY Long term Trend: Ranging …

1 day

Gold Weighed Down by a Combination of Price Levels in a Narrow Range

XAUUSD Price Analysis – January 24 A modest recovery of sentiment concerning global risks, as evidenced by the positive shift in trade around the stock markets, affected the status of a safe-haven for precious metals. XAUUSD sank lower at the start of the European session on Friday and is currently near daily lows, around $ …

1 day

Bitcoin SV (BSV) Faces Stiff Resistance, Battles $320 Price Level

Key Resistance Levels: $140, $160, $180 Key Support Levels: $80, $60, $40 BSV/USD Long-term Trend: Bullish Bitcoin SV is in a bull market. The bulls made a remarkable move as the price reached a high of $440 on January 14. The price corrected itself as it retraced to a low of $240. The coin is …

1 day

Bitcoin Price Analysis – Bitcoin’s Next Target is $8100 As Correction Continues

• After three days of consolidation, Bitcoin finally dropped under $8500 support. • Bitcoin now targets $8100 but need to breach the current holding support. Leaving 8500 support yesterday, Bitcoin has now created new support around $8300 that was mentioned in our previous crypto trading signals. Today, Bitcoin has retested this support but was slightly …

1 day

Litecoin (LTC) Turns Down, May Likely Move Up

Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin made an impressive run as the bulls reached a high of $62. Unfortunately, the coin fell as the bulls could not sustain the upward move. The coin is falling and has reached a low of $55. The …

2 days

AUDUSD Rally Propels Gains Near the Level at 0.6870

AUDUSD Price Analysis – January 23 The subsequent closing in the prior two days with scanty losses, the FX pair recorded upward momentum in the Asian trading hours and rose to a daily high of 0.6878 level, after which it entered the consolidation stage in the European session. At the time of composing, the pair …

2 days

WTI Crude Oil May Plunge Past the Level at $55 per Barrel

USDWTI Price Analysis – January 23 The recent decline in crude oil prices could lead to a drop in prices to $ 55.00 level. Earlier this week, the EIA predicted that Brent crude prices could be slightly lower by mid-year. Key Levels Resistance Levels: $ 63.04, $ 60.34, $ 59.61 Support Levels: $ 55.00, $ …

2 days

Bitcoin Price Analysis – BTC Drops Back to $8500, Will This Support Continue To Hold Bearish Actions?

• Bitcoin reached key support but awaiting the next wave. • The price could bounce back if the $8500 level holds. Since our previous crypto trading signals, Bitcoin’s price has moved to the downside, touching the $8500 support at the time of writing. This support has jolted price since the last sharp correction. If Bitcoin …

3 days
FX Leaders Forex News & Strategies

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?