The British pound appears to have weakened following the release of the Retail Sales MoM data. As a result, the GBPAUD pair has experienced a stronger dip below key technical levels. At this point, traders may begin to recalculate their positions. Let’s take a more detailed look at the pair below. Key Levels Resistance: 2.050, […]
The currency pair could see more drops.The bears may take the leading in a short while. EURAUD Weekly Price Analysis – September 21 The EURAUD pair is on the verge of more drops. A downward turnaround in the currency pair market is imminent. The pair price is moving close to the lower support level and […]
The Securities and Exchange Commission (SEC) has officially approved rule changes proposed by three national securities exchanges to establish generic listing standards for exchange-traded products (ETPs) that hold spot commodities, including digital assets. This decision allows exchanges to list and trade Commodity-Based Trust Shares meeting these standards without having to file a separate proposed rule […]
THE VALUE OF PROCESS OVER OUTCOME In trading, as in many high-performance fields, it’s easy to get caught up in the scoreboard. On the surface, it appears that the metrics that measure our profitability are the things we should focus exclusively on. Yet, the truth is far more subtle: focusing solely on outcomes is not […]
A VERY BITCOIN SHARK FEAST If you’ve been around Bitcoin for a while, you’ve probably heard the ocean metaphors. Tiny holders are called shrimp. Folks with a few coins are crabs. Middle crust is fish. Upper middle crust are called sharks. And the giants holding thousands of coins are the infamous whales and humpbacks. Shrimp […]
The Platinum market closed the week’s trading activity in the green. This suggests that investors are already buying into the market. With price action testing a psychological resistance level, it appears this market is entering an upside phase. Key Price Levels Resistance: $1,450, $1,500, $1,550 Support: $1,400, $1,350, $1,300 Platinum Bulls Looking Strong Price activity […]
The Japan 225 market has joined the group of stocks that managed to end the week’s trading activity in positive territory. This performance was largely driven by the Fed’s rate cut announced during the week. As a result, this market may register additional gains in the coming week. Key Levels Resistance: 46,000, 47,000, 48,000 Support: […]
AVAXUSD Market Analysis- September 20 Avalanche (AVAX) has recently confirmed a strong bullish reversal, showing resilience in its price action despite indicators hinting at short-term exhaustion. AVAXUSD Key Levels Support Levels: $32.00, $18.70Resistance Levels: $45.00, $55.60 AVAXUSD Long-Term Trend: Bullish Avalanche has entered a decisive bullish phase after forming a failed low and breaking structure […]
The foreign exchange market is delivering powerful, trend-defining moves. This week’s outlook is dominated by significant breakouts and breakdowns, with pairs like EURGBP, EURNZD, and AUDNZD pushing into new highs. In contrast, NZDCHF has accelerated its downtrend, while AUDCAD has demonstrated a classic false breakout, trapping optimistic buyers and shifting momentum in favor of sellers. […]
