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Microsoft Corporation shares (NASDAQ:MSFT) are strictly bearish. The market is choppy and ugly, not attractive to buyers. Most traders would be whipsawed here. 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 right hand side of the […]

In 2020, the global NFT market did about $338 million in transaction volume. In 2021, it surpassed $41 billion. Meanwhile, the global physical collectibles market, including trading cards, games, toys, coins, etc., is a $370 billion market. If history is any indication, when a physical market goes digital, it eventually grows even bigger than the […]

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 […]

Alphabet Inc. market (NASDAQ:GOOG) has been experiencing a bearish correction since December 2021, until now. It is expected that the downward trend will continue, especially in case the condition mentioned below is fulfilled. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold (XAUUSD) is in a downward correction after its rejection at the high of level $1,900. Today, the Gold is rising after falling to the low of $1,782. The upward move will be accelerated if price breaks above the […]

Bitcoin price (COIN:BTCUSD) is bearish in the short-term, but bullish in the long-term. Price dropped massively in May 2021, and then consolidated until mid-July and then rose massively. The market is currently above the upper Trendline, and the RSI period 14 is also above the level 50, signifying a northwards propensity. The current bullish momentum […]

With the growing boom in the cryptocurrency industry and the fear of missing out on a trending investment, many investors buy into crypto projects without knowing what they are or do. While cryptocurrencies are trendy and very profitable, it helps to know exactly what it is you are venturing into. In this article, we will […]

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: Bearish USD/CAD has resumed a partial upward move after reaching the low of 1.2300. Presently, the currency pair is trading in the overbought region of the market. The pair is trading at level 1.2406 at the time of writing. Meanwhile, on […]

EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]

Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Today, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 Fibonacci […]