XAG/USD Attempts to Find Support at Well-Known Level
Silver Technical Analysis Recommended by Richard Snow Read about the top opportunities in Q1 2023 Silver Attempts to Find Support at Well-Known Level Silver, much like gold, has witnessed an impressive run up which has recently come under threat. An approach of the zone of resistance with a midpoint of 25.00 – which has halted […]
Euro will find safe haven. Forecast as of 19.01.2023
2023.01.19 2023.01.19 Euro will find safe haven. Forecast as of 19.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The impact of the approaching recession on the US dollar is ambiguous. Most likely, China will become a safe haven for EURUSD. The rapid recovery of Asia’s biggest economy is a good thing for the euro. Let’s discuss this topic and make […]
Intraday Market Analysis – USD struggles to find floor
EURUSD keeps high ground The US dollar struggles on speculation that the Fed is nearing the end of its tightening. The pair is holding on to its gains after breaking above May’s high of 1.0780. A bearish RSI divergence suggests a deceleration in the momentum and may foreshadow a potential pause in […]
How to Find Support and Resistance Levels
This post is written by Jet Toyco, a trader and trading coach. Support and resistance levels are probably the very first thing you learned in technical analysis. But as you try to apply the concept consistently… You can’t help yourself and ask: “Am I plotting my levels right?” “Am I plotting too many support and […]