Brexit

Annual Forecast for GBPUSD (2021): After Plunge to Historic Lows GBPUSD to Further Recover

Dec 30 2020 @ 23:57
GBPUSD hit an all-time low of 1.1409 in early March 2020 in response to the coronavirus crisis. Although the pair hit a 35-year low, the pair rebounded and continued to rally amid Brexit hopes, reaching a new 2020 high of 1.3554. The risk remains heightened as long as there is hope for Brexit. Key Levels […]
 

Annual Forecast for EURUSD (2021): Anticipated Price Surge to 1.2555 Level Stays Stronger

Dec 30 2020 @ 23:31
Euro Dollar Exchange Rate – EURUSD is expected to trade at 1.22 and higher in 2021 by the end of this quarter. After COVID-19 disrupted financial markets and the global economy in 2020, the US dollar as a whole has weakened. Participants in the European foreign exchange market hope to see a return to economic […]
 

Metro Bank Plc price analysis: MTRO jumps upwards!

Dec 22 2020 @ 00:10
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 […]
 

Are there the best and the worst months to trade?

Dec 09 2020 @ 05:44
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 @ 05:25
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: […]
 

GBPEUR Price Analysis: Will Brexit Talks Cause a GBP Rally?

Dec 03 2020 @ 07:54
Since the UK voted to leave the EU in 2016, the GBPEUR exchange rate has fluctuated wildly. Before the vote, markets had priced in a ‘remain’ victory, causing the value of the pound to rise as high as €1.32. However, immediately following the result, the pound experienced its largest intra-day collapse in 30 years, and it […]
 

Germany 30 (DE30EUR) Is in a Downward Move, May Fall to Level 13153.70

Dec 03 2020 @ 00:49
Key Resistance Zones: 13600, 14000, 14400 Key Support Zones: 11200, 10800, 10400 Germany 30 (DE30EUR) Long-term Trend: Bullish The index is an upward move but it is facing resistance at level 13200. It must have reached bullish exhaustion as it faces rejection. On November 10, a retraced candle body tested the 88.6% Fibonacci retracement. This indicates […]
 

EURJPY Bearish Momentum Remains Toward 123.00 Level

Nov 21 2020 @ 01:26
EURJPY Price Analysis – November 20 The EURJPY pair is attempting to close beneath the 123.37 price zone as speculative interest stays trapped between coronavirus outbreaks and vaccine hopes. The pairs selling momentum remains toward the 123.00 level. Key Levels Resistance Levels: 127.07, 125.00, 123.37 Support Levels: 122.37, 121.61, 119.31 EURJPY Long term Trend: Ranging […]
 

EURJPY Upside Traction Overpowers Bears, Eyes 124.00 Level

Oct 17 2020 @ 18:37
EURJPY Price Analysis – October 16 EURJPY is accelerating from a low of around 123.00 as upside potential prevails over sellers for another session on Friday. The cross has so far managed to hold above the 123.00 level. Given the uncertainty, it would be a mistake to set an end date for the response to […]
 

When emotions get in the way of trading success – Part 2

Oct 17 2020 @ 15:57
Veterans of the markets generally agree that trading is largely psychological. That is one of the reasons why a trader with suboptimal strategy will trade profitably and another trader with a good strategy will be making losses. The method one trader uses to trader their way to financial freedom is what another trader uses and […]
 
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