Trading Briefs

Trading Briefs

USDCHF Trades Beneath 0.9000 Level, Risk Aversion Boosts Franc

USDCHF Price Analysis – May 18 Early in the European session, the USDCHF pair slips beneath 0.8998 to multi-month lows, with sellers now looking to expand the downward trend below the 0.8950 low level. The decline was fueled solely by sustained US dollar sellers, as Investors’ risk aversion boosts demand for safe-haven Franc. Key LevelsResistance […]

10 hs

Litecoin (LTC) Recovers above $275 Support, May Resume Uptrend

Key HighlightsLitecoin resumes an uptrend above $275 supportThe altcoin faces rejection at level $310 Litcoin ( LTC) Current StatisticsThe current price: $306.30Market Capitalization: $25,869,734,534Trading Volume: $6,852,822,773Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 18, 2021Litecoin has been in a downward movement since May 10. LTC/USD has fallen […]

10 hs

Cardano Price Turns Bearish at $2.51 Level

ADA Price Analysis – May 18 Increase in the bulls’ momentum will increase the price to the resistance level of $2.30, the bullish momentum may extend to the resistance level of $2.51 and $2.72 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $2.08, $1.87 and $1.64. ADA/USD […]

11 hs

GBP/USD Resumes Upward Move, Targets Level 1.4353 High

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is rising upward. However, the upward move is facing resistance on the upside. Recently, the currency pair was resisted on May 11 as the Pound fell to level 1.4050 low. Today, the Pound is rising to retest the resistance […]

13 hs

AUD/JPY Faces Rejection at Level 86.00 Resistance Zone, Resumes Range Bound Move

Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishOn May 10, the currency pair reached a high of level 86.00. However, the bulls could not sustain the bullish momentum above level 86.00. For the past week, the pair has been in a downward move. The pair fell to […]

22 hs

Bullish Sentiment Encircles EURUSD, Aims for the 1.2200 Region

EURUSD Price Analysis – May 17 Buyers of the EURUSD are set to return the pair towards the 1.2200 area after Friday’s advance. As it attempts to range the price continues to rally to break higher the 1.2150. The dollar is being weighed down by falling US Treasury yields. Key LevelsResistance Levels: 1.2272, 1.2243, 1.2190Support […]

1 d

Bitcoin SV Price May Decline to $198 Level

Bitcoin SV Price Analysis – May 17 An increase in the bears’ pressure may push down the price to penetrate the $233 level, there will be a price decrease in price towards the support level of $217 which may extend to $198 level. In case the bears’ momentum is interrupted by the bulls at $233, […]

1 d

Bitcoin Cash (BCH) Falls and Finds Support above $1,000

Key Highlights Bitcoin Cash falls and finds support above $1,000BCH resumes an upward move Bitcoin Cash (BCH) Current StatisticsThe current price: $1,114.21Market Capitalization: $1,114.21Trading Volume: $6,829,675,565Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis May 17, 2021 Bitcoin Cash is recovering after falling to the low of […]

1 d

NASDAQ 100 (NAS100) Falls to Level 12900, Resumes Up trending

Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNASDAQ 100 slumps to level 13000 low and resumed a fresh uptrend. The index has broken above the moving averages indicating a possible rise in prices. The upward move has been facing resistance at level 14000. If the current […]

1 d

Monero (XMR) Price Reverses at $511 Price Level

Monero (XMR) Price Analysis: May 16 Should the bears continue to increase their momentum, $361 support level will be broken down side, and Monero will decrease towards $322 and $281 levels. Inability to break down the $361 level, the price may increase towards the $401, $449 and $511 resistance levels. Key Levels: Resistance Levels: $401, […]

1 d
Learn 2 Trade Forex News & Strategies

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The rise of the digital marketplace has made active trading a near 24 hour a day, 5 day a week business. As the old saying goes, “money never sleeps.” When it comes to modern active trading, truer words are hard to find. No matter if you are a trader in Asia, the Middle East, Europe, or the United States, the game is on and opportunity is afoot. The impact that a significant news story can have upon the markets is huge. Unfortunately, forex news isn’t limited to our waking hours. Wouldn’t it be nice to know what is going to happen while you are away from the trading screen and how your open positions will be affected? Look no further than the Learn 2 Trade news feed. With analysts covering the Asia-Pacific, European, and U.S. trading sessions, you will never be out-of-the-loop when it comes to FX news. From New York to London to Tokyo, our analysts are on the clock, breaking down the markets in real-time. If your alarm clock didn’t go off and you are late to the market, no worries ― a quick review of Learn 2 Trade's news will have you back on the competitive lead lap in no time.

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.