Currency

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: Bearish USD/CAD has resumed a partial upward move after reaching the low of 1.2300. Presently, the currency pair is trading in the overbought region of the market. The pair is trading at level 1.2406 at the time of writing. Meanwhile, on […]

EURJPY Price Analysis – July 1 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key Levels Resistance Levels: 133.50, 133.00, 132.50 Support Levels: 13200, 131.50, 131.00 EURJPY Long term Trend: […]

In the world of foreign exchange trading, the term Forex trading platform refers to a group of computer programs developed to meet specific requirements for order placement and execution. In finance, an online trading platform also called an electronic trading platform, is an application that is used to place orders for various financial products such […]

Forex trading has been perhaps the predecessor of the retail trading boom we have been seeing lately, as many brokerage firms around the world relied on technology to offer access to this huge market while slashing trading costs, facilitating account opening procedures, and expanding the range of instruments offered by introducing innovative products such as […]

Standard Chartered Plc stock (LSE:STAN) has been quite choppy and trendless for most part of this year. However, it can be seen that the movement propensity is to the upside, upon a closer look. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for […]

Back in the day, and by that, I mean is during the forex trading boom approximately around 2014 to 2015, everyone wanted to trade forex because the markets seemed so easy to trade yet finding funded trading accounts seemed near impossible. In those days you had to know someone willing to fund you or have […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will […]

XAGUSD Price Analysis – June 7 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up […]

Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Today, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 Fibonacci […]

The idea of Making money online Forex has resulted in more people than ever trying their luck at the game of Forex. Unfortunately, without the years of experience and knowledge that seasoned traders have accumulated over the years, their efforts are seldom more than disappointing to most. While there is no natural substitute for knowledge […]