As on 26/09/2022 USD-INDEX has given out a strong opening.Since the day beginning it has surpassed all resistance levels and has only 20% room to break third resistance level which standard is 115.269. The dollar has been trending its positions across the world. Seeing the economical conditions in Europe and the war triggers from Russia and Ukraine has led to...
As on 23rd of September 2 022, we can clearly find out that gold is currently trading below its previous support levels and is unable to lift its weight up to 58 levels. However, the main focus of us today should be on the economic event which shall be releasing out in next six hours and 22 minutes which is S&P global manufacturing, PMI reports and respectively....
As on 23rd of September 2022, we could clearly find EURUSD is under heavy selling pressure from past four days. It has clearly broken its pilot and support first stage and selling pressure looms on it which is being confirmed by 20 EMI is at a far distance, even if we check the RSI is clearly downward facing 34 value mark clearly showing the strength is weakening....
As on 22nd of September 2022, we could clearly see bitcoin IS hovering around its support levels of 18,000.
But still it’s below the daily PIVOT and its downtrend is supported by a strong surge in dollar demand. It’s bound that bitcoin may take a hit if the primary support of 18,000 is broken.
Based on technical indicators, RSI stands at 40.42 levels, which...
As we can clearly see dollar index is strong enough to hold 110 levels. Clearly it can be found out that the pair USDCAD is gaining new highs, yesterday's Federal interest increment in its percentage did weaken the pair but a strong demand for Dollar still awaits new heights.
We can clearly see above RSI is above 60 for the day it’s flat but it’s about 60 which...
for those who want to enter a swing area, any buy positions would benefit better if positions are opened above 1746 levels with stop loss below 1720. and for sellers entry zone is below 1720 supported if only by strong volume.
the range of 1720 and 1746 stands good for martingale traders as they can benefit the choppiness of the markets