Foreign Exchange

Obtaining a Forex Funded Trading Account in 2021

11 Jun 2021 @ 16:23
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 […]
 

Gold (XAUUSD) Is in an Impressive Bullish Run, Pauses above $1,890

07 Jun 2021 @ 16:31
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 Pair Buyers Look for Bullish Continuation

07 Jun 2021 @ 16:19
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 […]
 

EURUSD Indecisive Market Lacks Follow-Through Buying

06 Jun 2021 @ 09:41
EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]
 

USD/JPY Breaks Resistance at Level 109.80, Targets Level 111.78

06 Jun 2021 @ 09:21
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 […]
 

Annual forecast for Exxon Mobil (2021)

29 May 2021 @ 16:03
Exxon Mobil stock (NYSE:XOM) might resume its bullish trend after the current equilibrium movement in the market. Price went strongly upwards from December 2020, to March 2021, and then began to move sideways (equilibrium movement). That is supposed to end soon. The market is now below the EMA 21, but it would soon go above […]
 

How reliable are Forex signals?

28 May 2021 @ 09:27
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 […]
 

Ripple vs. SEC: SEC Requests for the Deposition of Five Witnesses

27 May 2021 @ 11:20
In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and “the sheer scale […]
 

XAGUSD Boosts Gains From Weekly Lows, Further Advances Likely

20 May 2021 @ 11:18
At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, […]
 

Gold (XAUUSD) Rebounds above $1,780 Support, Resumes Uptrending

20 May 2021 @ 11:02
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle body […]
 
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