Financial Guides

Bahamas Petroleum Company price: BPC remains weak and will grow weaker

Dec 28 2020 @ 21:23
Bahamas Petroleum Company shares (LSE:BPC) have been weak and they remain weak. Hopes of bullish momentums have been dashed, and it seems things may go further downwards from here. The current phase of bearish movement started around the middle of November 2020, and it holds. Price is below the EMA 21, and the Williams’ % […]
 

Annual Forecast for Bitcoin (2021): Price Prediction Averages at $50k

Dec 25 2020 @ 06:08
After a multi-year bear run, Bitcoin (BTC) has finally shut the naysayers by clearing its previous all-time high at $20k and has recorded a fresh record high at $24,300 by December 2020. From the third halving event in May to dramatically dovish global economic monetary policies to combat the COVID-19-induced economic crisis, there have been […]
 

Annual Forecast for Ethereum (2021): ETH Is Expected to Reach High of $2,500

Dec 25 2020 @ 05:45
Major supply zones: $800, $820, $840 Major demand zones: $360, $340, $320 In 2020, Ethereum traded mostly in a bull market. In January, the biggest altcoin has an opening balance of $129 which rose to a high of $287. In March, the biggest altcoin encounter bearish rejection as the coin plunged to $89.66. The bulls bought the […]
 

Metro Bank Plc price analysis: MTRO jumps upwards!

Dec 22 2020 @ 01:10
Metro Bank Plc shares (LSE:MTRO) have jumped upwards, looking to move further northwards. There is a strong buying pressure in the market, which would propel the market further north. The market was bearish from July to the end of October 2020. As from November, a bullish movement started and it has been in play till […]
 

Gold Price Analysis — December 16

Dec 16 2020 @ 05:58
Gold (XAU/USD) inched lower in the early European session on Monday and has recorded a fresh daily low of around $1825. The renewed selling pressure got sponsored by the prevailing upbeat market mood as a result of the blooming optimism over the rollout of COVID-19 vaccines by Pfizer (NYSE: PFE). Investors’ risk mood got further […]
 

Silver Price: Bulls Return Past $24.00 Level on XAGUSD Amid Dollar Weakness

Dec 16 2020 @ 05:43
XAGUSD Price Analysis – December 16 Silver (XAGUSD) price registers technical buying early in the European session while bulls return past the $24.00 level. The white metal is up ahead in trend amid continued dollar weakness on Tuesday as a result of an improved risk appetite. Key Levels Resistance Levels: $27.50, $26.00, $24.50 Support Levels: […]
 

Are there the best and the worst months to trade?

Dec 09 2020 @ 06:44
The first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]
 

EURUSD Upside Run Halts Under the Barrier at 1.2150 Level Suggesting Deeper Pullbacks

Dec 09 2020 @ 06:25
EURUSD Price Analysis – December 9 The major European currency adds to prior session corrective downside and takes EURUSD to fresh lows in the sub-1.2100 area. EURUSD appears to be fading after its upside run halts under barrier 1.2150 level. The pair is off its highs could extend its downward correction. Key Levels Resistance Levels: […]
 

Boohoo Group Plc. price: Sellers threaten to go short as buyers remain adamant

Dec 06 2020 @ 02:54
Boohoo Group Plc. stock (LSE:BOO) has shown some signs of pulling back, though the current bias remains bullish. Bears want to pull down the price, but bulls are not willing to let that happen. In the chart, price is clearly above the upper Trendline, though there is a minor bearish retracement in the market, which […]
 

Nasdaq 100 Price Analysis — December 3

Dec 03 2020 @ 02:26
The Nasdaq 100 (NDX) has rounded off November on a positive note, after the month up by more than 11%. This surge was mainly stimulated by the recently-concluded US Presidential election and the discovery of potential COVID-19 vaccines. These themes were the major dominating fundamental factors through November, as hopes for things to go back […]
 
 
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