Theexcelentrepreneur

Theexcelentrepreneur

GOLD IS SET FOR A NEW BULLISH TARGET August 30/2021 XAU/USD will be clinging to the next resistance line as the market sentiment is aimed at achieving a fresh buying power. While the bulls can have a highly substantial amount of factors that could trigger positive market conditions. The bears on the other hand have tested a pullback below support on consecutive...

Theexcelentrepreneur

PRE-MARKET ANALYSIS FOR GBP/USD August 29/2021 GBPUSD has a high potential of moving upward as the Daily market trading session display a double bottom market structure. Aside from the fact that GBP banks will have a holiday break tomorrow, market sentiment For the sterling VS greenback pose a strong bullish presence when looking at the overall psychology of...

Theexcelentrepreneur

EUR/USD ENGAGED IN SHARP MOVES AFTER JERRMY POWELL SPEECH FAVOUR THE STOCK MARKET August 27/2021 The EUR/USD currency pair has been awaiting a highly volatility session as market price eyes 1.18003 the formal resistance level of August 18 2021. While the forex market participants expect price to hit the first resistance level, more so did the federal Reserve...

Theexcelentrepreneur

USD/JPY EYE'S PREVIOUS RESITANCE LEVEL BUT MARKET TENDS TO MOVE SIDE WAYS... August 25/2021 While support and resistance could be the key major entry point in taking a position, forex market traders are however, very much interested in taking careful attention, before placing a trade. On a more serious note experience forex traders know very well that it's...

Theexcelentrepreneur

EUR/USD HEADS HIGHER DESPITE( euro negative PMI release)... August 23/2021 Today fundamental analysis report doesn't correspond to the reaction of the market, instead, the major currency market tends to move in the opposite direction of the fundamental report most especially for the EURUSD pair. While we could be expecting the market price to have a bearish...

Theexcelentrepreneur

THE 3 MOST LIQUIDITY MARKETS TO WATCH OUT FOR IN THE NEXT TRADING SESSION. August 22/2021 It's without a doubt that the major currency market are often the most liquidity market in the currency trading world, yet they can however be used as a profit maximization trading asset or instrument. There are hundreds of currency pairs to choose from the major currency...

Theexcelentrepreneur

NZD/USD FURTHER TECHNICAL ANALYSIS UPDATE May 14 2021 The kiwi pair fill up the green space as market participants tends to push price up again to the neckline from which price has been designed to breakout or pull back to the support area. But recently the NZDUSD is experiencing a bit indecision in price direction as traders are yet to determine where would...