PLUS1
US News
USDCHF Sustains Selling Bias Towards Sub 0.9100 Level As the US Dollar Stays Under Pressure
Sep 11 2020 @ 06:10
USDCHF Price Analysis – September 11 USDCHF drops beneath 0.9100 level, down 0.25% on a day, during the European session on Friday. The USDCHF pair sustains selling bias falling sharply for the third day in a row. The Swiss franc holds onto recent strength after the ECB meeting as the US dollar stays under pressure. […]
Gold Price Analysis — September 2
Sep 02 2020 @ 18:46
Gold (XAU/USD) traded through yesterday’s North American session with a mild negative bias and was last spotted trading around the $1970 level. The mild negative bias from yesterday continued into the European session on Wednesday after extending its overnight correction slide from its two-week highs. The bearishness was induced by a combination of factors. A […]
What is the most important thing in trading?
Aug 26 2020 @ 13:25
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
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. […]
USD/CAD Faces Rejection at Level 1.3350, May Reach the Low of 1.3200
Aug 13 2020 @ 01:09
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is in a downward move. The price is retesting the resistance line of the descending channel. A downward move will follow if price faces rejection at the resistance level. The pair is trading at level 1.3290 at the […]
Gold to End Next Week With a Bang
Aug 01 2020 @ 06:15
Gold (XAU/USD) jumped to a fresh all-time high, around the $1,984 level in the early European session, before retreating lower. Following yesterday’s profit-taking-triggered slide to the $1,940 area, the yellow metal was quick to bounce back and is set to end the week in a grand style. The bull run marked the tenth consecutive bullish […]
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 […]
Nasdaq 100 price analysis: NDX to go upwards again
Jul 25 2020 @ 23:40
Nasdaq 100 stock (NASDAQI:NDX) recently experienced a minor correction in the context of an uptrend. That was a normal action in the market as it is not expected to go up in a straight line. In a normal uptrend, a series of higher highs and higher lows are the norm. 4 EMAs are used for […]
USD/JPY Retests Level 107.000, Resumes Downtrend
Jun 24 2020 @ 02:03
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging USD/JPY pair is currently on a downward move. The green correction candle body tested the 0.786 retracement level. It indicates that the Yen will fall to a low of 1.272 extension level. After reaching the target price, the market […]
Favorable Conditions Surrounding Gold Could Send It to $1,765 in the Near-Term
Jun 18 2020 @ 08:47
Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]
