30 Aug 2020 @ 09:39
Boohoo Group Plc shares (
LSE:BOO) are currently bullish, having attained the bullishness since July 2020, and having plummeted prior to that time. As from July, price has moved upwards seriously. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown […]
26 Aug 2020 @ 19:25
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
26 Aug 2020 @ 19:10
Decentralized Finance (DeFi) is the fusion of traditional banking services with decentralized technologies like blockchain. DeFi may also be called Open Finance due to its inclusive format. It is important to note that the DeFi community is committed to creating alternatives to every financial service currently available. These services include items such as savings and […]
21 Aug 2020 @ 04:26
Bitcoin (BTC) and the rest of the cryptocurrency market have been swept by intense volatility in today’s session, with the benchmark cryptocurrency plunging below the key $12k support. This drop saw BTC drop as far as $11,600 before bulls stepped in to prevent further declines. Many analysts believe that this sharp decline has disrupted Bitcoin’s […]
21 Aug 2020 @ 04:16
Key Highlights Ethereum faces rejection at $440, may continue selling presure Ethereum has the chance of reaching its target price of $480 Ethereum ( ETH) Current Statistics The current price: $412.58 Market Capitalization: $46,308,157,897 Trading Volume: $12,328,754,634 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 19, […]
13 Aug 2020 @ 07:21
RISK CONTROL TECHNIQUES IN TRADING Risk is ever present in trading, just as it is in other areas of life. The good news is that the risk inherent in trading can be controlled effectively, thus enabling you to be permanently triumphant. No-one on earth can trade repeatedly without any loss, no matter the trading strategy adopted. […]
13 Aug 2020 @ 07:09
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is in a downward move. The price is retesting the resistance line of the descending channel. A downward move will follow if price faces rejection at the resistance level. The pair is trading at level 1.3290 at the […]
12 Aug 2020 @ 10:58
Anglo Asian Mining shares (
LSE:AAZ) have already generated a bearish signal and things are expected to fall further from now going forwards. Price dipped from the beginning of this year till March 2020, and then it went upwards again, going northwards till August, when it reached the overbought area and began to fall. While the […]
06 Aug 2020 @ 10:17
Key Resistance Levels: 74.00, 76.00, 78.00 Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: Ranging The AUD/JPY pair is on a sideways trend. The pair fluctuates between level 73.00 and 77.00. The price tested the resistance line in July but was repelled. It fell to level 75.00 and resumed a fresh uptrend. This has been […]
06 Aug 2020 @ 10:07
GBPJPY Price Analysis – August 5 The GBPJPY regains traction upward despite being taken aback by a withdrawal near the level of 139.00 and rapidly retreated in the early North American session around 45 pips. The GBP buyers have largely shaken off fears about the second wave of coronavirus infections and anxiety of a no-deal […]