Latest Market News
Type: Bearish Drop Key Levels:Resistance: 174.35Pivot: 163.80Support: 154.30 Preferred Case:Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 154.30, where the previous swing […]
Metals Rally on USD Decline The metals market is seeing an encouraging start to the week with both gold and silver in decent demand on Monday. The main driver currently is the sell off in USD on the back of Friday’s December US labour reports. The headline NFP reading was seen above market forecasts at […]
The Best Times Not To Trade Forex The forex market is open and bustling every day of the week, as you surely already know. Although traders can access trading platforms at any time to transfer money, this does not imply that they should be trading continuously. There will always be good and bad moments to […]
The BTC has risen to 17,197 USD. Weekly increase is assessed at 3.33%. For now, the technical picture is mostly positive. Firstly, after the week closed above 17,000 USD, the daily chart formed a Bullish Engulfing pattern, which gives a chance to buyers. Secondly, the crypto market restored its correlation with the US indices, and […]
EURUSD, “Euro vs US Dollar” The currency pair completed a wave of decline to 1.0482. Today the market has completed an impulse of growth to 1.0635. A consolidation range has formed around this level at some point. With an escape upwards, a pathway to 1.0768 will practically open. After this level is reached, the pair […]
How to Develop a Trading Mindset What does a successful trader require? Does Being a Successful Trader Really Exist? What are the best strategies for stock market trading success? Well, a lot of traders, both seasoned and new players, frequently find themselves posing these queries to others or to themselves! If you’re one of them, […]