Investing Advice

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 […]

Argo Blockchain Plc stock (LSE:ARB) has experienced what some people might think is a shocking movement. Price has skyrocketed in the last few days, following the bullish effort that started in August 2020. ADX 14 is around the level 50, showing that the momentum in the market is very strong. DM+ is far above DM-, […]

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’ % […]

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 […]

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 […]

4D Pharma Plc stock (LSE:DDDD) has been making effort to rise upward, following a long period of consolidation. The market has consolidated from November 2020 till recently. The price is now moving to the upside, with bulls making attempt to push price further upwards. The trend was clearly bullish from July to September 2020; after […]

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 (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 […]

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: […]

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 […]