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EURUSD Indecisive Market Lacks Follow-Through Buying EURUSD Price Analysis – May 24 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were limited by the risk-on mood, which helped limit the downside. Key Levels Resistance Levels: 1.2414, 1.2350, 1.2245 Support Levels: 1.2150, 1.2100, 1.2050 EURUSD Long term Trend: Ranging On Monday, the EURUSD pair saw some buying in the initial half of the European trading session, up from 1.2171 with about 50 pips from the lows set earlier at the weeks open. The RSI has been unable to restart upward movement in recent days, while the price trades around the 5 and 13 moving averages, raising the chances of a near-term downside correction. In the near term, however, an ascending trendline has been shielding the market from rapid downside moves. As a result, the bears must successfully break this through to encourage more aggressive selling toward the 1.2050 swings low of Mar. 13, 2021, where the medium support is located on the daily chart. EURUSD Short term Trend: Ranging As seen on the 4-hour chart, with 1.2050 support intact, the EURUSD has a neutral intraday bias and is expected to consolidate. A break of 1.2245 on the upside will restart the rise from 1.1704 to retest the 1.2350 high. The bullish case will be delayed if 1.2050 is broken. The intraday bias will be shifted to the downside to expand the consolidation trend that began at 1.2350 with another dropping leg. In summary, in the short term, the EURUSD has a diminishing bullish bias. A close below 1.2150 could confirm more losses, while a close above 1.2245 could seek to reintroduce the previous uptrend. Source: https://learn2.trade

USD/JPY Breaks Resistance at Level 109.80, Targets Level 111.78 Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Today, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 Fibonacci extension or level 111.78. USD/JPY – Daily Chart Daily Chart Indicators Reading: The pair has risen to level 64 of the Relative Strength Index period 14. It implies that the Yen is in the uptrend zone. However, it has no enough room to rally on the upside. The 21-day and 50-day SMAs are sloping upward. The currency price has broken above the SMAs. The pair will rise if the bullish momentum is sustained. USD/JPY Medium-term Trend: Bullish On the 4-hour chart, the Yen is in an uptrend above level 109.800. The pair has broken above level 110.00. On May 28 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the pair will rise to level 1.618 Fibonacci extension or level 111.16. USD/JPY – 4 Hour Chart 4-hour Chart Indicators Reading USD/JPY pair is above the 80% range of the daily stochastic. It indicates that the pair is now in the overbought region of the market. Sellers are likely to emerge. The 21-day and 50-day SMAs are sloping upward indicating an uptrend. General Outlook for USD/JPY USD/JPY is in an uptrend and has broken above the resistance at level 109.80. The Yen is currently approaching the high of level 110.50. However, the upward move of Yen is doubtful as it is trading in the overbought region of the market. Source: https://learn2.trade

“Bitcoin. It’s everywhere. It seems every investor in the world can’t get enough. Where were they when I was pounding the table on Bitcoin at $400, $1,000, $4,000 and $10,000? If you didn’t get involved in bitcoin when I first brought it to you at $400 I have some bad news. The opportunity to take a trivial sum of money and transform it into a small fortune doesn’t exist in Bitcoin anymore. That opportunity is gone. It will never return. At $50,000 each, bitcoin is just for the big boys now. That’s why if you want to have a shot at making life changing gains now... You need to look into a different corner of the crypto world. I call these up and coming cryptos “Tech Royalties.” These cryptos are tiny. Some trade for as little as $0.02. And yet, they have the explosive upside of small cryptos plus they pay massive ongoing “Royalty" like payments. There is an imminent announcement that will blow up the prices of Tech Royalties. I’m talking about 1,000%, 2000%, 5,000% even 10,000% in potential gains. Sounds crazy right?” Was it crazy when I recommended Ethereum at $9? That’s now up 19,000%. Was it crazy when I recommended NEO? That’s now up 32,000%. Friends the only thing crazy is if you get left behind. That’s crazy.” - Teeka Tiwari Profits from games of knowledge: https://www.predictmag.com/

Ripple vs. SEC: SEC Requests for the Deposition of Five Witnesses In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and “the sheer scale of Ripple’s unlawful XRP offering.” Currently, ten active and former Ripple employees are to testify on several matters. The SEC is also making efforts to strong-arm Ripple into producing documents relating to its lobbying efforts. In June 2020, Chris Giancarlo, a former chairman of the Commodity Futures Trading Commission, publicly asserted that XRP was not unregistered security. However, the SEC argued that Giancarlo was on Ripple’s payroll, noting that: Additionally, the agency has requested access to the documents of five other custodians to obtain “all relevant internal and external documents.” Key Ripple (XRP) Levels to Watch — May 26 After suffering a massive plunge below the $0.7000 level, Ripple appears to have regained bullish traction as the crypto market recovers from its recent crash. The seventh-largest cryptocurrency currently trades around the $1.0600 level, as it trades along a bullish trendline. XRPUSD – Hourly Chart The immediate target for bulls is the $1.2700 resistance followed by the $1.5000 level. That said, any declines from the current price should find healthy support from the $1.0000 psychological support level. Meanwhile, our resistance levels are $1.5000, $1.5500, and $1.6000, and our support levels are $1.4000, $1.3500, and $1.3000. Total Market Capitalization: $1.62 trillion Ripple Market Capitalization: $43.6 billion Ripple Dominance: 2.68% Market Rank: #7 Source: https://learn2.trade

Is Dogecoin (DOGE) a good long-term investment? You can still make money on Dogecoin in 2021! As this article is being written, DOGE has gained close to 80,000% since its creation, despite the recent large pullback in the market. Price is bound to recover from here as the market moves higher. You can make money from Dogecoin this year. Many investors have made money lots of money from that coin since it was created and many more will make money this year, even if they are newcomers. For most of 2021, the overall bias on DOGEUSD is bullish, and while there would be large or minor pullbacks along the way, the market would quickly or slowly recover. Price might reach 1.00 USD and possibly reach 1.5 USD before the end of this year. There are active crypto traders who make money from DOGEUSD by buying it when the RSI period 14 reaches the oversold region of less than level 30. They also sell the coin when it reaches the overbought territory of the RSI 14 level 70 on the daily chart, raking in huge gains as they ride DOGE price southwards. Also, investors who buy the current pullback and hold till the end of December 2021, will have nice profits to show for their patience. At the end of 2021, I would dump Dogecoin completely and convert the gains on it to cash or a stablecoin. But I won’t hold Dogecoin (DOGE) for the long-term Most cryptocurrencies are scams because they do not serve unique purposes or solve unique problems. Even certain cryptos that are believed to solve real problems have disappointed investors. A number of coins which used to be household names and very promising some years ago have now become almost worthless. Some coins/tokens made money years ago, and they lost more than 90% of their value and have not recovered anything since then, even though cryptos generally went upwards in 2020 and 2021. I will give examples of these coins in another article. Some experts once thought that coins in the top 50 or the top 100 were to be trusted. Nonetheless, in the last 14 months, a considerable amount of coins got pushed out of the topmost 100; and while certain coins did not get pushed out too far, some coins got pushed too far, even close to the topmost 1000. Why Dogecoin (DOGE) is not a good long-term investment But why? There is no way you can liken DOGE to ADA or ETH. There are huge differences. You can never compare DOGE to BTC. Yes, if one is a gem, the other is paper. For instance, while BTC has limited/maximum supply by design, about 10,000 units of Dogecoin are created per minute. If Dogecoin reaches the resistance line at $1.00, its total value would be in the region of $129 billion, which will make it the number 3 crypto coin in the word in terms of market cap. I quote a veteran, professional coach for traders and investors: “..I personally think that DOGE is probably one of the worst cryptos even though it is currently ranked #5 in market cap. It was formed as a joke, so at least it’s not a Ponzi scheme. DOGE is based upon a meme and has no reason to have any value except that young people think it’s real and important. If you talk to most people in their 20s, DOGE is the only crypto they own because it’s all over social media. Elon Musk might be brilliant at owning tech companies but he certainly isn’t an authority on investing in other people’s companies. He’s been talking and joking about DOGE lately but I recently learned that he has been working with the DOGE developers since 2019. Could that be more joking? Either way, I don’t trust people who get sued (repeatedly) for tweets that impact the price of their company’s stock (Tesla). Tesla stopped accepting BTC as payment for their cars. It will still keep its large BTC investment even though it burns a lot of electricity. Musk is accepting DOGE payment for his space X project but DOGE is also a proof of work coin that burns a lot of energy too…” – Van K. Tharp, PhD Please let the fact above sink in. I also quote Sir John Hargrave of Bitcoin Market Journal: “What are you buying? You’re buying a joke currency that depreciates in value (10,000 new units of dogecoin minted every minute). It already has a higher market cap than Polkadot, Cardano, and Algorand, which are actual blockchain platforms where people build things. If it gets to $1.00, it will surpass Binance coin, which powers the largest crypto exchange in the world. To me, it’s clear that Dogecoin is a bubble, fueled by the same kind of meme mania that has driven up GameStop stock. It’s not really an investment, it’s a gamble, and I hate gambling. So I wouldn’t touch Dogecoin with a 10-foot leash, simply because of the tokenomics…” Dogecoin to collapse in 2022 Dogecoin is doomed to become worthless in the future, starting somewhere in 2022, and investors who don’t cash out by the end of this year will deeply regret it. To hold coins for a long period of time, do not bet your sweat on tokens that serve no real purposes other people’s fantasies. It is better to stick to cryptocurrencies that have stood the test of time. Source: https://learn2.trade

In 1999, I started teaching at a private school, following my secondary school education. My salary then was N1000. It was something that was barely enough to sustain me, even for one week. I usually walked to that school to teach, trekking for about 20 kilometers. Sometimes, I would feel like begging my students for food, during lunch break. The teacher was hungry, and the students had food, given to them by their parents. Despite the fact that the money paid per month was too small, the school owed me consistently. Before I started working as a teacher, I was sustaining myself through hard labor. My teenage years were particularly hard as I had to carry bricks, soil, firewood, etc. in order to earn a living. When people complain of hardships, I usually laugh, because hardships have been in existence for time immemorial; the noise just got louder. I decided to utilize my secondary school education because I was getting tired of labor jobs, especially because you might work hard in the hot sun and you wouldn’t get paid that day, and you would go to bed hungry. Nothing to show for twenty years of teaching A private teaching job is easy to get but it is one of the poorest paying jobs in my country. Only a few schools can pay sizeable amount of money. Public school teachers are better off, as they have job security, higher pay and pension plans. Private school teachers get hired and fired at will, and they get owed a lot. I taught at some private schools, but taught mostly from house to house. Most people call me “Uncle.” There was respect, but there was no money. Some parents appreciated and paid promptly. A few paid well, and most paid low. Some parents bought extra foods for me or gave me extra gifts. Some parents disappointed me and some owed me. I have been insulted by some students and some parents. I have been appreciated by some students and some parents. Some parents owed me and carried the debt to their grave and some parents wanted me to continue teaching their kids when it was clear that they couldn’t pay. Some parents fired me abruptly and I fired myself in some cases because parents couldn’t pay. Some of my formers students have become louts; some have given births to unwanted children. Some former students have graduated and attained higher education than me, and some have made commendable achievements in life. When some of my former students see me, they greet me heartily and some shun and avoid me when they see me. Nothing to show for many years of teaching labor, save the fact that I was able to keep the body and the soul together. I had to save money for 5 years before I could rent a one-room apartment in a ramshackle face-me-I-slap you building. There was a plastic mat on the floor, with a cloth hanger and books. Yes, lot of books: But no television, no video, no chairs and table. The beginning of my breakthrough Online trading and online business are a real game changer in my life. Online business and activities like Forex, Binary Options, Cryptos investments, advisory services and e–currency exchange eventually lifted me out poverty and make me financially self-sufficient. Without online business, I would be riding a motorcycle or a Marwa (motor tricycle) for a living. That is why you need to take chances if you don’t want to spend the rest of your life as a post-office clerk. The lot of the private teacher now is much more dismal than it was about 20 year ago. Parents are now poorer and the teaching job is more glutted than ever. Any joy in teaching? Yes, there is joy. There is fulfilment. The only thing is that I loved what I was doing and had passion for it. It satisfied my heart. It is a good thing to see those you tutored in the past, reaching maturity and becoming responsible adults and attaining higher heights. Apart from that, I hate to think that the rewards of the teacher are in heaven. I was single when I depended largely on teaching; but now that I have mouths to feed and heavy responsibilities on me, private teaching can never sustain me again. Profits from games of knowledge: https://www.predictmag.com/

XAGUSD Boosts Gains From Weekly Lows, Further Advances Likely XAGUSD Price Analysis – May 16 At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, $27.92 Support Levels: $26.72, $25.50, $24.50 XAGUSD Long term Trend: Ranging In terms of the technical context, the XAGUSD has been trending higher along an upward sloping moving average (MA 13) extending from Apr.13 lows around the $25.00 level. The recent pullback from the $30.13 yearly high stalled near the ascending trendline. The low around the daily ascending trendline at $23.78 could provide immediate support in the event of an unexpected decline. Any further upward movement from current levels may face fierce opposition near the immediate horizontal level at $27.50. A valid breach beyond the $28.00 mark will drive the XAGUSD past the upside channel hurdle near the $28.32 supply zone, pressuring the prior tops. A steady step towards the February 1 highs may be possible if it breaks above the $27.50 mark. XAGUSD Short term Trend: Ranging Silver appears to be launching toward a significant technical barrier at the $27.50 mark, as seen on the 4-hour chart. If the barrier holds, XAGUSD is likely to find support near the $26.72 level thanks to a 4 hour moving average of 13 which seems to be a return to expand gains against the US Dollar in the short term. The upside range between $28.00 and $30.00 may be a potential upside target; in the meantime, bears are unlikely to win the market. A sustained break below, on the other hand, can be seen as the first signs of bullish fatigue, putting the pair at risk of testing the $25.00 region. Source: https://learn2.trade

GOLD (XAUUSD) REBOUNDS ABOVE $1,780 SUPPORT, RESUMES UPTRENDING Gold (XAUUSD) Rebounds above $1,780 Support, Resumes Uptrending Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that Gold is expected to rise to level 1.618 Fibonacci extension or the high of $1,840.25. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold price has risen to level 64 of the Relative Strength Index period 14. It indicates that Gold is in the uptrend zone and approaching the overbought region. The 21-day SMA and 50-day SMA are sloping upward indicating the uptrend. Gold (XAUUSD) Medium-term bias: Bullish On the 4 hour chart, the XAUUSD price is in an upward move. The market has resumed an upward move after breaking the initial resistance. On May 3 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that Gold is expected to rise to level 2.618 Fibonacci extensions or the high of $1,850.16. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. Gold is trading now in the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating an uptrend. General Outlook for Gold (XAUUSD) XAUUSD price has resumed uptrend after breaking the resistance at $1,780. Gold price is retracing after reaching the high of $1,818. The upward move is doubtful because the market has reached the overbought region. Source: https://learn2.trade

Litecoin (LTC) Is in a Downward Move as the Altcoin May Find Support Above $340 Key Highlights Litecoin is in a downward move, approaching the $350 low It has a target price of $320 low Litcoin ( LTC) Current Statistics The current price: $359.37 Market Capitalization: $30,202,613,550 Trading Volume: $11,037,650,926 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 11, 2021 Litecoin has been in a downward move since May 10, after its rejection from the $420 resistance zone. The altcoin has declined to $350 low. As the market retraces, it may find support above the $340 low. The $340 low was the previous resistance level that was earlier broken. The market will find support above that level. Nevertheless, a Doji candlestick has appeared above the current support. The candlesticks describe the indecision between buyers and sellers about the direction of the market. LTC/USD – Daily Chart Litecoin (LTC) Technical Indicators Reading The crypto’s price is far above the moving averages which indicate a possible rise of the coin. The altcoin is at level 65 of the Relative Strength Index period 14. This implies that the crypto is in an uptrend zone and may resume an upward move. LTC/USD – 4 Hour Chart Conclusion On the 4–hour chart, Litecoin is in a downward move after the rejection at the recent high. On the 4 hour chart, the altcoin is likely to further decline. On May 10 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. This retracement indicates that the market will rise to level 2.618 Fibonacci extension or the low of level $317.30 Source: https://learn2.trade

Cardano Price May Retest $1.87 Resistance Level ADA Price Analysis – May 11 When the bulls increase their momentum, the resistance level of $1.87 will be penetrated and the price may increase to the resistance level of $2.08 which may extend to $2.45 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.64, $1.46 and $1.23. ADA/USD Market Key Levels: Resistance levels: $1.87, $2.08, $2.45 Support levels: $1.64, $1.46, $1.23 ADA/USD Long-term Trend: Bullish Cardano is bullish on daily chart. Cardano followed the bullish pattern (Head and Shoulder) formed two weeks ago. The price soared to the resistance level at $1.87 after it breaks up the former resistance levels of $1.46 and $1.64. On May 10, the coin pulls back at the resistance level of $1.87 to retest the $1.64 level. Today, the bulls are dominating the market, which means the price may increase further. ADAUSD Daily chart, <May 11 Cardano continue its trading above the 9 periods EMA and 21 periods EMA at a distance to the EMAs. When the bulls increase their momentum, the resistance level of $1.87 will be penetrated and the price may increase to the resistance level of $2.08 which may extend to $2.45 level. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decline to $1.64, $1.46 and $1.23. The technical indicator Relative Strength Index period 14 is at 75 levels with the signal line pointing upside which indicates a bullish signal. ADA/USD Medium-term Trend: Bullish Cardano is on the bullish movement on 4-hour chart. ADA approaches the high level of $1.87 last week. The breakup of the level is prevented by the pressure of the bears. The price pulled back to retest the support level of $1.46. The bulls defends the $1.46 level and the price is currently increasing towards the $1.87 for second touch. ADAUSD 4-hour chart, May 11 The price is trading above the 9 periods EMA and 21 periods EMA while the two EMAs are close to each other indicating low market volatility. The relative strength index period 14 is at 60 levels and the signal line pointing up to indicate buy signal. Source: https://learn2.trade

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USDCHF Buyers Smash Through Daily Resistance of 0.9150 on Wide Range Strengthening of US Dollar USDCHF Price Analysis – May 4 During the European session, the USDCHF brings the buyers’ interest to the test, with the possibility of a recovery from the downside pressure to crack the sellers’ grasp. As technicals reveal a dominant selling side, buyers smashed through the barrier at 0.9150. The dollar is being boosted by expectations of stronger economic growth in the United States. Key Levels Resistance Levels: 0.9472, 0.9300, 0.9160 Support Levels: 0.9080, 0.9045, 0.8998 USDCHF Long term Trend: Ranging The US dollar remains bullish against the Swiss franc at the beginning of the week, as the pair’s intra-day correction finds buyers at 0.9110 level, up from 0.9104. In a broader sense, the drop from 0.9472 medium-term high is considered the 2nd pattern period since the plunge from a recent high of 0.9901. For the time being, there is no sign that the range will be completed. In continuation, the next goal will be a 138.2 percent projection from 0.9901 to 0.8757 from 0.9472 at 0.9080 levels. A successful break of the 0.9200 resistance level, however, will be an early sign of trend reversal and a change of focus back to the 0.9300 key resistance level for confirmation. USDCHF Short term Trend: Bearish The short-term risk in the USDCHF market appears to be seeking to retain its downside in the 4-hour time frame, in addition, trend signals remain mixed for now, indicating that any price strength may be transitory. Overall, the outlook for USDCHF remains unchanged, and the intraday bias is initially neutral. The trading range starting at 0.9472 is widening. In the event of a steeper fall, the 38.2 percent retracement of 0.9080 to 0.9160 levels at 0.9127 could absorb the downside step and usher in a stronger recovery. Source: https://learn2.trade

USD/JPY Resumes Uptrend as Bulls Targets Level 111.00 Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Since April 26, the USD/JPY pair has resumed an upward move after falling to the low of level 108.00. Firstly, the Yen has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level 109.00 but it is consolidating above the current support. USD/JPY – Daily Chart Daily Chart Indicators Reading: The Yen is at level 57 of the Relative Strength Index period 14. This implies the market is in the uptrend zone and above the centerline 50. The pair is above the 21-day and 50-day SMAs which indicates that the currency will rise. The uptrend is currently facing resistance at level 110.00. USD/JPY Medium-term Trend: Bullish On the 4-hour chart, the Yen has risen to level 109.69 but pulled back to level 109.00. Since May 3, the market now fluctuates between levels 109.00 and 109.69. Meanwhile, on April 28 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. It indicates that the market will rise to level 1.618 Fibonacci extension or level 110.07. USD/JPY – 4 Hour Chart 4-hour Chart Indicators Reading USD/JPY pair is above the 60% range of the daily stochastic. It indicates that the pair is in a bullish momentum. The 21-day and 50-day SMAs are sloping upward indicating the uptrend. General Outlook for USD/JPY The Yen is in an upward move. The uptrend is facing resistance at level 109.69. A rally above level 110.00 is expected if the current resistance is breached. Meanwhile, the Yen is trading at level 109.30 at the time of writing. Source: https://learn2.trade

Gold (XAUUSD) Faces Rejection at Level $1,760, May Resume Downward Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold is presently in a downward move. The current downward move was a rejection from $1,950. On March 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Gold is expected to fall to level 2.0 Fibonacci extension. That is the low of level $ 1539.83. The price action has confirmed this low but the downtrend will resume it breaks below $1,700. XAUUSD – Daily Chart Daily Chart Indicators Reading: The price has fallen to level 41 of the Relative Strength Index period 14. It indicates that Gold is in the downtrend. The price has broken below SMAs which indicates that Gold is falling. The SMAs are sloping southward. Gold (XAUUSD) Medium-term bias: Bearish On the 4 hour chart, the XAUUSD is also in a downward move. On March 8, the XAUUSD fell to $1,680 support. Buyers push the price to retest level $1,760 high. The downtrend has resumed and if the bears break the previous support at $1,680, the selling pressure will resume. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is below the 80% range of the daily stochastic. The market has reached the overbought region. The price is in a bearish momentum. The SMAs are sloping downward indicating the downtrend. General Outlook for Gold (XAUUSD) XAUUSD is falling after rejection from level 1760. The price is at the point of breaking below the SMAs A successful breakdown will mean a further downward movement of prices. Source: https://learn2.trade

Silver Price: XAGUSD Reverses From Daily Highs, As Further Weakness Stays in Focus XAGUSD Price Analysis – April 25 After failing to consolidate the prior week’s high at $26.30, Silver (XAG) has dropped back towards the $26.00 level with Friday’s close of $25.85 level. A sharp rise in US Treasury bond yields appears to be putting pressure on the white metal. From the last session, the benchmark 10-year US T-bond yield stays at 1.567 percent, up nearly 2%. Key Levels Resistance Levels: $28.90, $27.50, $26.64 Support Levels: $25.50, $24.50, $23.50 XAGUSD Long term Trend: Ranging With prices consolidating beneath the $26.65 resistance zone, XAGUSD has held a tight grip near the moving average of 5. The resistance level near $26.64 remains within reach on the upside. However, only a good close above the prior day’s high at the $26.40 level can signal additional gains. In the white metal, the pair may open with a downside bias. If Silver loses the $26.00 round number, we foresee a drop to the $25.00 support band during the new week. The relative strength index is almost at its midpoint, which may indicate a weakness in price near the $26.00 support mark. XAGUSD Short term Trend: Ranging The XAGUSD price is expected to trade sideways in the near term before it flips moving averages 13 into support, which is located above the $26.00 mark. Bears would set their sights on $25.50 as an immediate target, with a breach risking a move towards a $25.00 support band. Bearish short-term analysis and negative sentiment aid bears, who are ignoring the recent bounce from $23.78 Mar.31 low for the time being, although some price adjustment may be anticipated. Downticks beneath key support are expected to provide better opportunities to re-join the bearish market in the coming session. Source: https://learn2.trade

Ethereum (ETH) Price Analysis: Ether Retraces But Stuck Below $2.360 Resistance Key Highlights Ethereum is stuck below $2,360 resistance The biggest altcoin fluctuates between $2,275 and $2,350 Ethereum ETH) Current Statistics The current price: $2,327.71 Market Capitalization: $269,505,078,336 Trading Volume: $38,035,086,526 Major supply zones: $2,000, $2,200, $2,400 Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 21, 2021 Ethereum is in a downward correction as buyers push Ether on the upside. The upward move is facing rejection at the $2,350 high. Meanwhile, on April 6 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement implies that ETH will rise to level 1.272 Fibonacci extensions or the high of $2299.62. At this price level, the altcoin will reverse to the 78.6 Fibonacci retracement level where it originated. ETH/USD – Daily Chart ETH Technical Indicators Reading Ethereum is at level 58 of the Relative Strength Index period 14. ETH is still in the uptrend zone and capable of rising. The 21-day SMA and 50-day SMA are sloping upward indicating the uptrend. ETH/USD – 1 Hour Chart Conclusion On the 4-hour chart, the Ethereum price is stuck below the $2360 resistance level. On April 21 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This retracement indicates that Ethereum will rise to level 1.272 Fibonacci extension or the high of $2,419.70. From the price action, the market is retracing from the recent high. Source: https://learn2.trade

Ripple Surges as CoinShare Launches Ripple-Based ETP Ripple (XRP) has spiked to a new three-year high to almost $2 as Europe’s largest cryptocurrency investment firm, CoinShare, launches an XRP-focused ETP. After releasing exchange-traded products (ETP) for Bitcoin, Ethereum, and Litecoin, CoinShares has trained its focus on an XRP ETP. The Europe-based crypto investment firm revealed that the XRP ETP would get listed on the regulated Six Swiss Exchange, and each unit will get backing from physical tokens, just like previous projects. Despite the ongoing legal issue with the SEC, Ripple continues to see widespread adoption across the globe. CoinShare noted that its decision to launch an XRP-based ETP got triggered by the recent performance of the XRP. The new ETP will get listed in the SIX Swiss Exchange bearing the ticker XRPL, which got developed by CoinShare’s very own CoinShare Physical. Each unit of the ETP, backed by the US dollar, will represent 40 tokens at launch and would have a base fee of 1.5% p.a. Townsend Lansing, Head of Product at Coin, noted that the launch of this product comes amid a frenzied adoption by retailers. That said, XRPL will be the eighth ETP released by CoinShare and the fourth since the beginning of the year. Key XRP Levels to Watch — April 14 Ripple is currently consolidating below the $1.9000 resistance level, following a surge to the $1.9637 high yesterday. The fourth-largest cryptocurrency is trading along an ascending channel, as the broader market mood picks up immense bullish steam ahead of the Coinbase IPO. XRPUSD – Hourly Chart That said, the cryptocurrency could continue to consolidate and even decline to the $1.7000 level in the run-up to today’s headlining event. Meanwhile, our resistance levels are at $1.9000, $2.0000, and $2.1000, and our support levels are at $1.7000, $1.6000, and $1.5000. Total Market Capitalization: $2.2 trillion Ripple Market Capitalization: $82 billion Ripple Dominance: 3.7%

GBP/USD Continues Downtrend After Rejection at Level 1.3900 Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD has been in a downward move after its rejection from level 1.4200. After the initial fall, the Pound is making a series of lower highs and lower lows. On March 5, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement implies that the pound will fall to level 1.618 Fibonacci extensions or level 1.3493. GBP/USD – Daily Chart Daily Chart Indicators Reading: The 21-day and 50-SMAs are sloping horizontally. The pair has fallen to level 44 of the Relative Strength Index period 14. This indicates that the Pound is in the downtrend zone and capable of falling on the downside. GBP/USD Medium-term Trend: Bearish On the 4-hour chart, the pair has resumed a downward move. On April 8 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the pair is likely to fall to level 1.618 Fibonacci extension or level 1.3641. GBP/USD – 4 Hour Chart 4-hour Chart Indicators Reading The GBP/USD pair is currently below the 80% range of the daily stochastic. It indicates that the pair is in a bearish momentum. The SMAs are sloping southward indicating the downtrend. General Outlook for GBP/USD The GBP/USD is in a downward ward move. The recent downtrend was a result of rejection from level 1.3900. According to the Fibonacci tool, the Pound will fall to level 1.3493. Source: https://learn2.trade

EURUSD Upside Run Recedes Under 1.1900 Level, Dollar Begins the Week on a Strong Note EURUSD Price Analysis – April 12 From early session tops around the 1.1904 mark, the EURUSD has receded to approach mid 1.1800 level during Monday morning trading. The dollar started the week on a stronger note as Fed’s bullish remarks lent some support to the greenback. Key Levels Resistance Levels: 1.2190, 1.2050, 1.1952 Support Levels: 1.1800, 1.1693, 1.1422 EURUSD Long term Trend: Ranging The EURUSD is attempting to lower its price below the MA 5 at 1.1875, but it is running into horizontal support at $1.1870, and on break may lead to a bearish decline to the 1.1800 marks. A bounce from this zone, on the other hand, could lead to a retest of the 1.1900 level. A bullish breakout above the resistance level of 1.1952 could signal a sudden return to the upside. The rise from the 1.0635 level is seen as the third step of the pattern from the 1.0339 (low) level in the wider sense. Following a sustained rally, cluster resistance at 1.2050 could be seen. As long as the 1.1422 resistance level, which has now turned support, holds, this will be the preferred scenario. EURUSD Short term Trend: Ranging For the day’s start, the EURUSD struggles to alter the intraday bias from neutral, but with minor support at 1.1870 intact, a further rise is likely. Above 1.1952 level, the recovery from 1.1740 to 1.1927 minor resistance may continue. Resistance is at its April peak of 1.1927, with 1.1952 and 1.1989 levels seen in March. There may be a strong break there, indicating that the correction from the 1.2243 level has been completed at the 1.1740 level. A break of 1.1870 near-term support, on the other hand, would shift the bias back to the downside, with the 38.2 percent retracement of 1.0635 to 1.2243 at 1.1693 levels. Source: https://learn2.trade

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Silver Price: XAGUSD Sustains Upside Bias Past $25 as US Dollar Remains Pressured XAGUSD Price Analysis – April 5 The white metal managed to continue its rebound from lows of $23.78. Silver (XAGUSD) is building on Friday’s rebound above $25.00 as the US dollar remains pressured after Jobless Claims. Key Levels Resistance Levels: $27.50, $26.77, $26.00 Support Levels: $24.50, 23.50, $21.89 XAGUSD Long term Trend: Ranging The technical analysis on the daily chart shows that Silver (XAG) is advancing after breaching the $25 mark. If the buyers find a foothold above that level, the next powerful hurdle past the MA 13 could be put to test. The daily Relative Strength Index (RSI) holds well beneath the midline, suggesting that the consolidation outlook remains intact. However, a clear break of the MA 13 at the $25.25 level, comprising the next horizontal resistance line at $26 level becomes necessary for the bulls to step in. It should also be noted that the moving average 13 level of $25.22 level offers immediate resistance to the quote. XAGUSD Short term Trend: Ranging On the 4 hour chart, the latest XAGUSD advance may attack the top surrounding the $26 level before targeting the $28.90 horizontal resistance level. Though, the 4-hour channel resistance line at the $26.77 level will challenge the bulls, a break of which will quickly direct the quote towards the yearly high of $30.13 level. Meanwhile, a downside break of moving average 5, at $24.70 level now, will fetch the commodity prices to the channel support line, currently around $24.50 level. The preferred scenario would be a long position beyond the $25.00 level with targets at $26 & $26.77 levels in extension. Source: https://learn2.trade

Gold (XAUUSD) Breaks the $1,750 Resistance, Resumes Uptrend Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold is making positive moves as price breaks the resistance at $1,750. XAUUSD will be out of the range-bound zone if the bullish momentum is sustained. The upward move may face resistance at $1,800 and $1,840. In the previous price action, Gold was rejected at those previous highs. XAUUSD – Daily Chart Daily Chart Indicators Reading: The gold price has broken the resistance of the horizontal channel. The uptrend will resume if price breaks the resistance level and closes above it. The 21-day SMA and 50-day SMA are sloping downward but are making a U-turn. Gold (XAUUSD) Medium-term bias: Bullish On the 4 hour chart, the XAUUSD has resumed an uptrend as price breaks the resistance at $1,750.On April 6 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement. The retracement implies that Gold will rise to level 1.618 Fibonacci extension. That is the high of level $1,758.71. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. The stochastic bands are sloping upward and approaching the overbought region of the market. Gold has a bullish crossover as the 21-day SMA crosses above the 50-day SMA. This bullish crossover indicates bullish signals. General Outlook for Gold (XAUUSD) XAUUSD price has broken the resistance at $1,750. The Gold price is expected to resume an uptrend as the market was earlier range bound between $1,720 and $1,750 since February. The present upward move will be short-lived as price reached the overbought region of the market. Source: https://learn2.trade

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GBP/JPY Sustains Recent Rallies, Continues To Push on the Upside Key Resistance Levels: 150.000, 152.000, 154.000 Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: Bullish The GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought region of the market. The price movement is doubtful. GBP/JPY – Daily Chart Daily Chart Indicators Reading: The pair is at level 74 of the Relative Strength Index period 14. This indicates that the market has reached the overbought region. Sellers are likely to emerge in the overbought region of the market. GBP/JPY Medium-term Trend: Bearish On the 4-hour chart, the pair is in a downward move. On March 18 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement level indicates that the Yen is likely to fall to level 1.272 Fibonacci extensions or level 151.15 and reverse. GBP/JPY – 4 Hour Chart 4-hour Chart Indicators Reading The GBP/JPY pair is below the 40% range of the daily stochastic. The market is in a bearish momentum. The SMAs are sloping upward indicating the previous uptrend. General Outlook for GBP/JPY The GBP/JPY is still rising on the upside. Yesterday, the pair retraced to resume the uptrend. The pair will continue to rise as long as the price is above the moving averages. However, the uptrend will be terminated if price breaks the trend line. Source: https://learn2.trade

AUD/USD Retraces To Level 0.7760, Resumes Upside Momentum Key Resistance Levels: 0.8000, 0.8100, 0.8200 Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: Bullish The AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to level 2.618 Fibonacci extensions or level 0.8697 . AUD/USD – Daily Chart Daily Chart Indicators Reading: The pair is at level 52 of the Relative Strength Index period 14. This indicates that the pair is now in the uptrend zone and above the centerline 50. The pair has room to rally on the upside. AUD/USD Medium-term Trend: Bullish On the 4-hour chart, the pair fell to level 0.7700 and resumed a fresh uptrend. On March 17 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Yen will rise to level 1.618 Fibonacci extensions or level 0.7942. AUD/USD – 4 Hour Chart 4-hour Chart Indicators Reading The AUD/USD pair is currently below the 80% range of the daily stochastic. It indicates that the pair is in the bearish momentum. The SMAs are sloping upward indicating an uptrend. General Outlook for AUD/USD The AUD/USD pair is in an uptrend. Presently, the pair is retracing on the downside. The uptrend will resume as soon as price finds support above the 21-day SMA. Source: https://learn2.trade