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Gold (XAUUSD) Rebounds Above $1,757 Support, Resumes Uptrend
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Oct 19 2021 @ 07:40
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging On October 13, the Gold (XAUUSD) price broke above the moving averages and retested the 50-day SMA. This is an indication that the market is likely to rise on the upside. The uptrend is likely to resume on the upside after […]
Silver (XAGUSD) Erases Gain Amid Positive Move Towards $23.50 Level
Oct 19 2021 @ 07:09
XAGUSD Price Analysis – October 19 Silver (XAG) positive fortunes faded around the $23.50 mark, with the price erasing its most recent thrilling bounce above the moving average of 13. During the Monday session, the commodity rose slightly and was last seen lingering near day highs in the $23.22 -$23.40 range. Key Levels Resistance Levels: $24.50, $24.00, […]
Akt.io introduces AKTIO coin ICO in Ireland and accelerates fundraising development to revolutionise the financial ecosystem
Oct 19 2021 @ 07:03
After a private fundraising campaign this summer, fintech akt.io opens its Initial Coin Offering in Ireland, offering a 12.5% bonus and exclusive app membership benefits for early investors Akt.io, the European fintech start-up created by Automata Group, has launched a public Initial Coin Offering (ICO) in Ireland for early investors in their AKTIO coin. The […]
OMG! Tuesday 19 October: Summary of last week’s newsletter
Oct 19 2021 @ 06:35
The OMG newsletter recommends at least 15 companies each month, using the writers’ experience of small caps to give you a winning edge. Last week they wrote about Braemar Shipping Services and Croma Security Solutions. Read about these Opportunities 4 Material Gains! Mid-week Tip Braemar Shipping Services (LSE: BSM) 248.5p . It is a shipbroker and provider of […]
ADVFN Morning London Market Report: Tuesday 19 October 2021
Oct 19 2021 @ 04:52
London open: Stocks steady as investors eye US earnings London stocks were steady in early trade on Tuesday amid worries about rate hikes and as investors eyed key US earnings later in the session. At 0900 BST, the FTSE 100 was flat at 7,206.67. Neil Wilson, chief market analyst at Markets.com, said: “European stocks are flat […]
Guardian Stockbrokers Key Economic News Tuesday 19 October 2021
Oct 19 2021 @ 02:57
The key points from today’s economic news, brought to you by Guardian Stockbrokers. US industrial production unexpectedly dropped in September In the US, industrial production fell 1.30% on a MoM basis in September, compared to a revised drop of 0.10% in the prior month. Markets were expecting industrial production to record a rise of 0.20%. […]
4 Technologies for Truckers in the UK That Help During a Long Journey
Oct 18 2021 @ 11:44
Driving a truck might seem like a job without stress, but anyone with experience in traffic knows how difficult it can be. Now imagine spending 8-10 hours every day in traffic driving a big truck. It’s a tiring job because truckers have to stay focused all the time. There are no exceptions. One second can […]
What If Blockchain Didn’t Damage the Environment?
Oct 18 2021 @ 10:52
Blockchain-based platforms often get a bad reputation for their damaging effect on the environment — after all, the maintenance of proof-of-work (PoW) secured blockchains generally requires a huge number of power-hungry mining devices. Bitcoin has drawn most of this flack since its mining network consumes as much electricity as a small country, but other aspects […]
Inflation becomes the biggest fear
Oct 18 2021 @ 10:13
Earlier this year one of the biggest risks for the global economy was the appearance of new variants of coronavirus. Today, in turn, markets are mainly scared of inflationary pressures that are exacerbated by the energy crisis, bottlenecks and the labor shortage that affects companies throughout the developed world. According to the International Monetary Fund, […]
Ethereum: Is It Still a Good Investment?
Oct 18 2021 @ 10:09
Despite witnessing an inauspicious collapse back in 2020, cryptocurrencies are on the rise once again. Ethereum is one of the few digital assets whose prices surged more than 800% over the last year. For instance, ETH had been trading around $352[1] as of October 04, 2020, while it strengthened to $3413 on the same day […]
MINING, OIL AND GAS
Union Jack Oil price: UJO to crash further
Sep 24 2021 @ 17:34
Union Jack Oil Plc shares (LSE:UJO) are currently in a maniacal downtrend. There was a perceived ranging movement in April and May 2012, which ended in the following month of June, as a bearish run sets in. There were desperate bullish attempts in June and July, but further northwards movements were rejected at a recalcitrant […]
XAGUSD Surges on Dismal US Jobs Report Amid Depressed Dollar
Sep 10 2021 @ 02:55
XAGUSD Price Analysis – September 10 Silver (XAG) is up 3.90 percent from the last session, assisted by the dismal NFP report, which came in below forecasts. XAGUSD reached $24.87, its highest level in a month, as per the technical analysis. The dollar stays depressed overall, extending weekly losses. Key Levels Resistance Levels: $26.00, $25.50, $25.00 Support […]
Xtract Resources Plc. price: XTR expected to go further southwards
Sep 06 2021 @ 22:30
Xtract Resources Plc. shares (LSE:XTR) is supposed to go downwards as the current price action supports more bearish movement, rather than bullish movement. From March 2021 to June, there were massive selling pressures in the market, as made evident by the downtrend witnessed during that period. 4 EMAs are used for this analysis, and they […]
Gold (XAUUSD) Consolidates Above $1,720, Further Selling Pressure Is Likely
Aug 16 2021 @ 22:36
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold price is in a downward move. On August 9, the XAUUSD fell to $1,677 low and corrected upward. Today, the market has risen to a level $1,756 and a further upward correction. Meanwhile, on June 17 downtrend; a […]
GLOBAL NEWS
Boohoo Group Plc price: BOO is currently under massive bearish pressures
Oct 08 2021 @ 21:37
Boohoo Group Plc shares (LSE:BOO) is currently experiencing major selling pressures. Bears have been attacking the market since May 2021 until this time. There is no end in sight for the current weakness in the market. Towards the send of September, price gapped below the lower Trendlines and trended further southwards. At the same time, […]
Bitcoin Plummets Amid Dip-Buying By El Salvador Government
Sep 24 2021 @ 13:28
Amid the bearish charge witnessed in Bitcoin (BTC) on Monday, El Salvador President Nayib Bukele revealed that the country bought the dip. El Salvador’s Bitcoin Law went into effect on September 7, making it the first sovereign nation to adopt the flagship cryptocurrency as legal tender. President Bukele announced via Twitter that his government acquired an additional […]
Supply@me Capital price analysis: SYME is now rated a “buy”
Aug 28 2021 @ 09:53
Supply@me Capital Plc shares (LSE:SYME) has generated a valid bullish signal on it. Although the market was generally bearish from April 2021 until the end of July, the bias has changed. In August 21, bulls have made commendable effort to push price upwards, and that has resulted in a bullish signal in the market. Price […]
Perfect Crypto Investment Strategies – Part 3
Aug 15 2021 @ 04:05
A NON-DIRECTIONAL (MARKET-NEUTRAL) CRYPTO TRADING METHODOLOGY It has been said often and often, that rule-based discretionary traders are the best traders on this planet. For you to be a winning trader, you need to abide by the Golden Rules of trading, which ensure your lasting success in the markets. Trading principles that work are timeless […]
