The UK Budget

EUR/GBP Resumes Uptrend, May Break Above Level 0.9250

Sep 11 2020 @ 05:13
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bullish The EUR/GBP pair is on an upward move since September 3. The price has broken level 0.9150 and reached a high of level 0.9250. The price reached the overbought region. Sellers may emerge to push prices downward. In the trend […]
 

Boohoo Group Plc price: BOO continues its bullishness, to go further northwards

Aug 30 2020 @ 03:39
Boohoo Group Plc shares (LSE:BOO) are currently bullish, having attained the bullishness since July 2020, and having plummeted prior to that time. As from July, price has moved upwards seriously. 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 […]
 

How do I control my trading risk?

Aug 13 2020 @ 01:21
RISK CONTROL TECHNIQUES IN TRADING Risk is ever present in trading, just as it is in other areas of life. The good news is that the risk inherent in trading can be controlled effectively, thus enabling you to be permanently triumphant. No-one on earth can trade repeatedly without any loss, no matter the trading strategy adopted. […]
 

GBPJPY Regains Traction and Moved to Highs at 139.00 Level

Aug 06 2020 @ 04:07
GBPJPY Price Analysis – August 5 The GBPJPY regains traction upward despite being taken aback by a withdrawal near the level of 139.00 and rapidly retreated in the early North American session around 45 pips. The GBP buyers have largely shaken off fears about the second wave of coronavirus infections and anxiety of a no-deal […]
 

Battle styles in the war room

Aug 01 2020 @ 05:51
Trading is a highly competitive human endeavor, but it is also highly rewarding. The financial markets can adeptly be compared to a battlefield; therefore a trading room can be likened to “a war room,” where you engage the markets. Victorious soldiers of the financial markets are those who make average gains that are bigger than […]
 

Standard Chartered breaks important supply zones as buyers emerge

Jun 08 2020 @ 03:53
Standard Chartered shares (LSE:STAN) have broken the previous supply zones at 460.00, 450.00 and 440.00 to the upside, and those supply zones are now demand zones. The market ranged between March and May 2020, having trended downwards prior to that. Price then broke upwards, trending above the upper Trendline and closing above it. The RSI […]
 

GBPJPY Recovers Momentum Beyond The Level At 134.00

Apr 09 2020 @ 10:05
GBPJPY Price Analysis – April 8 The British pound got some momentum and pushed the GBPJPY cross to fresh session highs, above the level of 134.70. The claim that UK Prime Minister Boris Johnson has been reported to be in a stable state, although he continued in ICU, appeared to be the only variable that […]
 

The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00

Feb 21 2020 @ 22:33
EURJPY Price Analysis – February  21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
 

Annual Forecast for FTSE 100 (UKX) – 2020

Feb 16 2020 @ 13:16
FTSE 100 (FTSE:UKX) is not currently that attractive, as price is neither bullish nor bearish in the long-term. In the short-term, the bias is bearish but bulls are trying hard to reverse this. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
 

GBPJPY Reverses To The Downside In A Corrective Move

Dec 18 2019 @ 18:36
GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]
 
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