Bitcoin Selling Pressure: When It will Stop?
Bitcoin bears are stable below the 40586.00 resistance level and the overall price sentiment will be bearish as long as the price is trading below this level.
NZD/USD Technical Analysis: Can Buyers Lose Momentum?
June 09, 2021|The Forex Secret –NZDUSD represents the economy of the US and New Zealand where the current price is moving within extreme volatility due to the decision from fundamental releases. The US Fundamental releases are not satisfactory to consider the US Dollar as strong as we have seen in the recent Non-farm payroll report […]
Forex Weekly Outlook- 07 June 2021 to 11 June, 2021
The global financial market is facing a broader US Dollar weakness where the recent Non-Farm Payroll boosting the momentum. Therefore, the momentum may continue this week where the US Dollar weakness is focused on by many traders’. Let’s have a look at possible price direction from The Forex Secret technical analysis. Last week, US Non-Farm […]
Dogecoin is Above 0.30 Psychological Support: Can Buyers take the Price Higher?
June 02, 2021|The Forex Secret –Coinbase listed Dogecoin as a trading instrument that is a significant milestone for investors or traders who are focused on cryptocurrency trading. Before that the crypto market surged as soon as Coinbase, one of the biggest crypto exchanging platforms got listed on New York Stock Exchange. Dogecoin Technical Analysis: Buyers […]
USD/JPY Bears Failed to Make a New Low: Can Buyers’ Push the Price Up?
June 01, 2021|The Forex Secret –USD/JPY is one of the major currency pairs from Asian Giant Japan and the US. These currency pairs remain trendy when major economic releases support but for the last couple of years, it is trading within a range where the primary high of the range is $110.00 level. Since the […]
Forex Weekly Outlook- 31 May 2021 to 04 June, 2021
The forex market is shifting the trading environment from one month to another month. Therefore we may expect a lot of volatility and counter pressure during the week. Moreover among fundamental releases there is any important not prepared report on Friday that may set a direction for the price. Another way is the price may […]
GBP/USD Bulls are Losing Momentum at 1.4200 Level
May 26, 2021|The Forex Secret – GBP/USD is one of the major currency pairs that has shown a lot of volatility since 2016 due to the Brexit issue. Moreover, this currency pair became famous among investors as soon as the vaccination success peaked in the UK while the US struggled to cope up with the […]
Forex Weekly Outlook- 24 May 2021 to 28 May, 2021
The Global forex market is facing a lot of volatility due to the absence of liquidity but it is traders’ duty to identify the price pattern and behavior to sustain with the momentum. Despite the volatility, we may expect some good momentum in most of the major currency pairs this week. Unlike other weeks, we […]
What is Cryptocurrency? How does it work?
Can you think of currencies without any bank? What would happen if no one knows except you how much money you have in your bank account, even if not the bank? Is it really possible?Yes! This thing is possible in cryptocurrencies. It is a decentralized market where the money in your wallet is safe from […]
