Archive for Tag: trading tips for beginners

CAD/JPY trading

Japan’s yen back in favour as a funding currency, but with more risks

CAD/JPY is trading up 0.39% at 91.214 As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world’s most popular funding currency. The trade comes with risks though, given the yen could revert to being a...

Read More
FTSE 100 Trading Tips

European Stocks Rebound as Russia Says It Moves Some Troops Back to Base

FTSE 100 is trading up 0.69% at 7581.80 European stock markets traded higher Tuesday, rebounding on reports that Russia has returned at least some of its troops massed on the Ukrainian border to their bases. By 3:40 AM ET (0840 GMT), the DAX in Germany traded 1.1% higher, the...

Read More
Technical Analysis

NASDAQ 100: WEEKLY SCENARIO – 10 February 2022

NASDAQ 100 Price Technical Analysis: Weekly Chart In the weekly charts , Nasdaq 100 is trading in an upward channel. Nasdaq 100 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Nasdaq 100 will follow an uptrend...

Read More
BANK OF AMERICA

BANK OF AMERICA: WEEKLY SCENARIO – 10 February 2022

BANK OF AMERICA Technical Analysis: Weekly Chart In the weekly charts, BANK OF AMERICA is trading in an up channel. It is trading above all SMA. The immediate support is 48.61 & the resistance level is at 50.00. BANK OF AMERICA is trading in the up channel until there...

Read More
Technical Analysis

BITCOIN: WEEKLY SCENARIO – 09 February 2022

BITCOIN Price Technical Analysis: Weekly Chart In the weekly charts ,Bitcoin is trading in a downward channel. Bitcoin is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Bitcoin will follow a downtrend in the coming weeks. Bitcoin’s...

Read More
Technical Analysis

BOEING Co.: WEEKLY SCENARIO – 09 February 2022

BOEING Co. Technical Analysis: Weekly Chart In the weekly charts, BOEING Co. is trading in a down channel. It is trading above 20 and 100 days SMA & below 50 days SMA. The immediate support is 204.51 & the resistance level is at 218.76. BOEING Co. is trading in...

Read More

NZDCAD: WEEKLY SCENARIO – 09 February 2022

NZDCAD Technical Analysis: Weekly Chart In the weekly charts, NZDCAD is trading in a down channel. It is trading below all SMA. The immediate support is 0.8390 & the resistance level is at 0.8549. NZDCAD is trading in the down-channel until there is a trend reversal NZDCAD Technical Analysis:...

Read More
S&P 500

S&P 500 Slips as Meta-Led Dent in Big Tech Weighs

S&P 500 Index is trading down 0.37% at 4483.88 The S&P 500closed lower Monday, as the bleeding in Facebook continued, souring sentiment on big tech and offsetting gains in value sectors of the market. The S&P 500 fell 0.3%, the Dow Jones Industrial Average was flat, the Nasdaq fell...

Read More
Technical Analysis

TESLA: WEEKLY SCENARIO

TESLA Price Technical Analysis: Weekly Chart In the weekly charts ,Tesla is trading in a downward channel. Tesla is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Tesla, will follow a downtrend in the coming weeks. Tesla’s...

Read More