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Technical Analysis

EUR/JPY Reaches an Overbought Region, May Further Rise to Level 136.16

Mar 30 2022 @ 05:32
Key Resistance Levels: 132.00, 133.00, 134.00 Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair has broken the previous overhead resistance and may further rise to level 136.16. The first uptrend retraced to the low of level 133.72 and commenced an upward move. Further upward move is unlikely as the market reaches the […]
 

Litecoin Breaks Above Previous Highs, May Face Rejection at $14

Mar 24 2022 @ 04:42
Key Highlights LTC price revisits the resistance at $140 LTC/USD reaches an overbought region Litecoin (LTC) Current Statistics The current price: $120.91 Market Capitalization: $10,156,071,004 Trading Volume: $1,041,826,323 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis March 22, 2022 Litecoin’s (LTC) price is trading above the moving...
 

Cardano (ADA/USD) Price May Bounce at Support Level of $0.75

Mar 24 2022 @ 04:31
ADA Price Analysis – March 22 In case there is an increase in the bulls’ momentum, $1.01 resistance level may be penetrated upside, then, price may increase further to $1.26 and $1.61 resistance levels. Bearish movement may commence towards the support levels at $0.75, $0.70 and $0.60 provided $1.01 level holds ADA/USD Market Key Levels: […]
 

The exit of a super trader and a world-renowned trading coach

Mar 15 2022 @ 21:48
DR. VAN K. THARP TURNS TO LIGHT “In loving memory of Van K. Tharp (1946 – 2022). A beloved leader who touched the lives of so many traders around the world.” – VTI Our hearts are heavy to share the news that Dr. Tharp, our beloved Van, has turned to light and passed to the other […]
 

The Thoughts of a Trading Maverick

Mar 15 2022 @ 21:33
Infinite Regret = Infinite Opportunities It might be difficult to see at times, especially if you’re not currently a benefactor of these — but there is no shortage of incredible, life changing opportunities in the NFT space. Yeah it sucks if you aren’t minting projects that 100x, and are seeing everyone around you doing that. […]
 

Annual Forecast for Verizon Communications (2022)

Mar 12 2022 @ 06:56
Verizon Communications Inc. stock (NYSE:VZ) is a good example of what we call a choppy market. Since the recent bearish trend ended in 2021, price has been choppy and directionless. Currently, price is situated within the upper and lower Trendlines, while the RSI period 14 is situated slightly below the level 50. All these show […]
 

Annual Forecast for PayPal Holdings (2022)

Mar 12 2022 @ 06:46
PayPal Holdings Inc. shares (NASDAQ:PYPL) are very weak now. The weakness has been going on for some time as the markets remain bearish, now over 6 months. 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 at the top […]
 

Silver (XAGUSD) Price: Bears May Defend $25 Support Level to Continue Bullish Trend

Mar 10 2022 @ 09:51
SILVER Weekly Price Analysis – March 10 In case the bulls defend the support level of $25 and increase their momentum, bullish trend will be restored and the resistance level at $26 may be penetrated. If the daily candle close above it, then, the price may increase further to $27 and $28 price level. XAGUSD […]
 

Gold Fluctuates Below $1,950 Resistance as It Targets the $2,020 High

Mar 10 2022 @ 09:24
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in an uptrend as it targets the $2,020 high. The bulls have also broken above the resistance at $1,870. The market has reached a high of $1,950. Presently, Gold is fluctuating below the recent high. On […]
 

GBPUSD Faces Rejection at Level 1.3642, May Further Decline to Level 1.2914

Mar 05 2022 @ 05:09
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD is in a downtrend as it may further decline to level 1.2914. On the weekly chart, the currency pair has been fluctuating between levels 1.3160 and 1.3800 since October 25, 2021. The downtrend may resume as price breaks below […]
 
 
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