Understanding Forex Trading: A Comprehensive Overview Introduction to Forex Trading Foreign exchange, commonly known as forex or FX, refers to the global decentralised market where currencies are traded. With a daily trading volume exceeding $6 trillion, it is the largest and most liquid financial market in the world. Forex trading involves the simultaneous buying of […]Read More
Leveraging ChatGPT for enhanced trading strategies Recently stock trading has been going through a major change in technology. The industry had been dominated by human brokers and personal relationships on stock exchange trading floors. Now the advent of high-speed internet, advanced computing, and artificial intelligence (AI) has revolutionised this industry. ChatGPT’s Role in Trading – […]Read More
S&P 500 and Nasdaq close to erasing last week’s losses This week is quite bullish after watching the S&P 500 pull back last week This morning, a strong bullish consolidation is pushing the Nasdaq to a weekly high of 19467.1 S&P 500 chart analysis This week is quite bullish after watching the S&P 500 pull […]Read More
EURUSD and GBPUSD: EURUSD is moving to a new weekly high For the second day in a row, EURUSD has been in stable bullish consolidation On Wednesday, GBPUSD retreated to a new weekly low at 1.30000 EURUSD chart analysis For the second day in a row, EURUSD has been in stable bullish consolidation. During this […]Read More
Gold and Silver: Gold is shining at a new all-time high The price of gold climbed to a new all-time high this morning at the $2571 level During this morning’s Asian session, the price of silver continued yesterday’s bullish consolidation Gold chart analysis The price of gold climbed to a new all-time high this morning […]Read More
Oil and Natural Gas: Oil remains under pressure below $70.00 The oil price rose to $69.77 on Thursday, a new weekly high This week’s strong bullish consolidation pushed the price of natural gas to the $2.55 level on Thursday Oil chart analysis The oil price rose to $69.77 on Thursday, a new weekly high. Shortly […]Read More
Bitcoin and Ethereum: Positive Week for Bitcoin Price This week, Bitcoin’s price is facing resistance in the $58500 zone Ethereum’s price continued to show a slight recovery despite resistance at the EMA 200 moving average Bitcoin chart analysis This week, Bitcoin’s price is facing resistance in the $58500 zone. Weak momentum to move above triggers […]Read More
Solana and Cardano: Cardano at new monthly high On Tuesday, we saw a jump in the price of Solana to a $138.00 level and a new weekly high The price of Cardano has been in a strong bullish surge since yesterday from the 0.330 level Solana chart analysis On Tuesday, we saw a jump in […]Read More
Solana and Cardano: Cardano at new monthly high On Tuesday, we saw a jump in the price of Solana to a $138.00 level and a new weekly high The price of Cardano has been in a strong bullish surge since yesterday from the 0.330 level Solana chart analysis On Tuesday, we saw a jump in […]Read More
Ripple and Tron: Ripple faces new resistance on Thursday This week, the Ripple price is constantly under pressure from the EMA 200 moving average Yesterday, new support for the Tron price was formed at the 0.152000 level Ripple chart analysis This week, the Ripple price is constantly under pressure from the EMA 200 moving average. […]Read More