Quick Overview Short-Term Uptrend: Silver is in a short-term uptrend despite a recent pullback from $30.19. A break above this could lead to further gains. Critical Support Level: The $29.23 support level is crucial; a drop below it could signal a trend reversal. Medium and Long-Term Outlook: The medium and long-term trends are ambiguous, suggesting …
Silver’s Pullback from $30.19: What’s Next for XAG/USD? Read More »
Quick Look: Gold fell by $37.50 to $2,360.10 yet retains a near-term technical advantage. Silver decreased by $0.849 to $30.85 but showed stronger bullish sentiment than gold. A higher USD index and lower crude prices impact commodities; U.S. Treasury yield at 4.288%. Fed Chairman Powell’s speeches and upcoming CPI and PPI reports are crucial for market …
Precious Metals Weekly: Gold Falls $37.50, Silver Down $0.849 Read More »
Quick Look: UK Elections Impact: Stirring currency markets; GBP-related pairs are volatile. USD Weakness: Significant fall affecting gold and silver prices; CHF also dips. Gold and Silver Analysis: Mixed signals on charts; bearish trends forming. CHFJPY Strategy: Potential long opportunity; wait for confirmation. Upcoming Reports: NFP and Canadian employment figures to drive market volatility. As …
Currency Shifts and Employment Reports: Key Market Drivers Read More »
Mastering technical analysis is crucial for identifying profitable trading opportunities in financial markets. Traders can make informed decisions using historical price and volume data to forecast future price movements. Although the concept may seem daunting initially, it is a skill that can be mastered with the right education and mindset. Technical analysis is a cornerstone …
Mastering Technical Analysis: A Beginner’s Guide Read More »
Quick Look: The USD has risen against the JPY, targeting 156.50 to above 160 yen. Higher US rates benefit USD; BoJ’s debt load likely keeps Japanese rates low. Watch BoJ commentary and Fed speakers on May 21 for future monetary policy clues. In recent trading sessions, the USD has slightly risen against the JPY, signalling …
USD/JPY Forecast: Yen Nears 156.50 Amid Rate Speculation Read More »
Trading psychology is integral to financial markets, profoundly influencing traders’ and investors’ decision-making processes and performance outcomes. The study intertwines psychology, economics, and technological advancements to understand the emotional and psychological aspects that affect trading behaviours. In this article, we will explore the essence of trading psychology, highlighting its significance and providing insights into overcoming …
Trading Psychology: Maximise Performance in the Markets Read More »
Quick Look: USD/JPY trading above 156.00, indicating sustained bullish momentum. Key support at 155 yen, resistance up to 160 yen. Experts recommend buying on dips, reflecting positive sentiment. The USD/JPY currency pair continues to showcase its robustness in the forex market. The recent trading sessions saw the US dollar rally robustly against the Japanese yen. …
USD/JPY Ascends to 156.20, Potential Climb to 160 Levels Read More »
Quick Look: EUR/USD below key levels like the 200-day moving average, showing strong selling pressure. German industrial metrics and Eurozone retail trends are key; US Fed commentary is also critical. Supports at 1.0730 and 1.0700; resistances at 1.0765 and 1.0800. The EUR/USD currency pair faces downward pressure, showing a potential second consecutive daily drop. As …
In this BTN Centre review, we will embark on a trading journey, where cutting-edge technology meets unparalleled market access. This broker enables traders to leverage global financial opportunities with ease and precision. You can begin trading with a platform that supports your growth by providing detailed analytical tools and real-time data. Transitioning into trading is …
Avis sur le broker: Livaxxen Choosing an adept broker is a fundamental step for anyone looking to engage seriously in online trading. Livaxxen emerges as an outstanding broker with its robust platform designed to handle diverse trading strategies. It offers unparalleled access to global markets, enabling traders to explore a vast array of financial instruments. …
Quick Look: Changelly forecasts DOT to reach $10 by the end of April, from $8.15 to $10.03. Following Bitcoin’s fourth halving, DOT rallied 5%, indicating responsiveness to broader market shifts. Signs like a bullish pennant and positive MACD and RSI readings suggest a potential rise to $15. In a dynamic April for the cryptocurrency market, …
Technical analysis is a popular financial trading approach that relies on past market activity and statistical trends to identify potential opportunities. Unlike fundamental analysis, which examines a company’s financial health and intrinsic value, technical analysis focuses on price movements, trading volumes, and historical patterns to predict future price changes. Technical analysts can detect repetitive market …
Technical Analysis: How to Understand Patterns to Predict Trends Read More »
Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values. The USD to CHF pair remains on a steady ascent within its ascending channel on the …
Quick Look: Proposal 12093 by Terra (LUNA) Classic was rejected with 55% opposition, 1% veto, and 5% abstention. Concerns include vague details, centralization risks, and the absence of KYC. LUNA price increases 8%, trading volume decreases 54%. Mixed signals in the crypto market: USTC is up 7%, and LUNA has gained 7.27%. The community decisively …
Terra (LUNA) Proposal 12093 Rejected: 38% Support Amid Turmoil Read More »
In the dynamic business landscape, staying ahead necessitates more than mere adaptation—it requires a deep understanding of market trends. Market trend analysis serves as a beacon, illuminating the path to profitability amidst ever-changing consumer behaviours and industry shifts. Harnessing the power of data-driven insights, businesses can precisely navigate uncertainties, capitalise on emerging opportunities, and maximise …
Market Trend Analysis: How to Maximise Profits in 2024 Read More »
