Trading Briefs

Trading Briefs

DeFi Coin (DEFC) Consolidates for a Stronger Hold Higher

DeFi Coin (DEFC) Price Analysis – August 2 After last month’s fall paused on the approach to daily cloud base and subsequent positive finish, the DEFC continues to consolidate its position in early August as recovery sustains, buyers are adding additional evidence to cement reversal. On July 31, the team said it will lock in […]

1 h

Bitcoin SV Price May Break Up $148 Level to Target $185

Bitcoin SV Price Analysis – August 02 In case the bullish momentum push up the price to break up $148 level, the key resistance level at $185 may be tested and a further increase may increase the price to $217. A bearish opposition at $148 level may send the price to the support level of […]

2 hs

Monero (XMR) Price May Break Up $244 Price Level, Provided Bulls’ Pressure Increase

Monero (XMR) Price Analysis: August 01 Inability to break up the resistance level of $244 may result to further price decrease towards the support level of $189, $161, and $136. The price may break up the resistance level of $244 and it may extend to the resistance levels of $281 and $322. Key Levels: Resistance […]

18 hs

Ethereum (ETH) Price Analysis: Ether Is in a Smooth Uptrend, Targets $2,868

Key HighlightsEthereum is in a smooth uptrendEther has a target price of $2,869 Ethereum ETH) Current StatisticsThe current price: $2,560.28Market Capitalization:$299,372,790,157Trading Volume: $20,159,580,566Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 1, 2021 Ethereum has been rising consistently on the upside. The upward move has been in a […]

18 hs

XAGUSD Attempt at Further Recovery Stays Beneath $26.00

XAGUSD Price Analysis – August 1 Silver has made another attempt to climb higher and has recouped some of its previous losses, but the XAGUSD pair still has a long way to go before the buyers are secure. As buyers observe the gap between central banks and mixed greenback over its peers during times of […]

20 hs

USOIL (WTI) May Decline as It Reaches the Overbought Region AtLevel 74.21

Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is correcting upward. It has reached a high of $74.21. Also reached bullish exhaustion. WTI crude oil is expected to fall. Meanwhile, on July 8 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that USOIL […]

2 ds

GBP/JPY Resumes Downtrend after Rejection at Level 153.50

Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishToday, the GBP/JPY pair is falling after facing rejection at level 152.00. Since May 10, the market has been declining gradually on the downside. The currency price has broken below moving averages which accelerated the selling pressure. Meanwhile, on June […]

2 ds

Polkadot (DOT) Resumes Uptrend, Battles the Resistance at $15.24

Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishToday, Polkadot’s (DOT) is retracing after facing rejection at the $15.60 resistance. The crypto fell to $14.40 low and resumed an upward move. Since July 26, Polkadot has been facing rejection at the $15.24 resistance. On the upside, if buyers breach […]

2 ds

EURJPY Sustains Near Term Bias Towards 131.00 on Expected EU Data

EURJPY Price Analysis – July 30 During the early European trading hours on Friday, the EURJPY surged somewhat. The pair has continued to rise from July 20 lows and is now on track to reach the 130.50 level. Although the Euro’s advances are constrained by the ECB’s outlook and anticipated mixed economic data. Key LevelsResistance […]

3 ds

Binance (BNBUSD) Price Heading Towards $364 After a Bullish Breakout at $311 Level    

BNBUSD Price Analysis – July 30 Binance Coin experienced a bullish breakout at resistance level of $311, the price is increasing towards the resistance levels of $364 and $420. The support levels below current price can be found at $311, $254 and $196. The relative strength index period 14 is above 450 levels exhibiting a […]

3 ds
Learn 2 Trade Forex News & Strategies

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All Things Forex News, 24 Hours A Day, 5 Days A Week

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.