EN
- English
- 繁體中文
- 简体中文
- ไทย
- Tiếng việt
- Español
- Português
- Deutsch
- 한국어
- English(Australia)
- 繁體中文（澳洲）
- 简体中文（澳洲）
- العربية
- English(UAE)
- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Micron Q4 Net Profit Surges Over 10-Fold YoY as Gross Margin Beats Market Expectations at 86.8%; Shares Reverse Losses to Rise 2% After Hours
1790800684
Husted blames Democrats for high power bills from data centers he spent six years bringing to Ohio
1790799924
Prediction: If You Invest $10,000 in Uber Today, It Will Be Worth This Much by 2030
1790799900
Popular Articles
Popular Articles
Popular Articles
Micron Q4 Net Profit Surges Over 10-Fold YoY as Gross Margin Beats Market Expectations at 86.8%; Shares Reverse Losses to Rise 2% After Hours
1790800684
Prediction: If You Invest $10,000 in Uber Today, It Will Be Worth This Much by 2030
1790799900
US Stocks Diverge as Dow Falls Over 400 Points; Tech Stocks Lead, Intel Rises 3.7%
1790798984
Popular Articles
Popular Articles
Popular Articles
Popular Analysis
Gold Price Forecast: US August PCE Imminent, Will Gold Prices Rise or Fall Short-Term?
1790759568
【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonight
1790751401
【Daily Brief】The dollar ground higher for six days — and the AUD fell 2% in the very week the RBA hiked to a 15-year high
1790748689
Popular Analysis
【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonight
1790751401
The 30-year Treasury just hit a 22-year high — and the bond market is not pricing the Fed, it is pricing the deficit
1790665692
Four jobs reports in five days: what JOLTS, ADP, claims and the September payrolls mean for the October Fed decision
1790577235
Popular Analysis
【Daily Brief】The dollar ground higher for six days — and the AUD fell 2% in the very week the RBA hiked to a 15-year high
1790748689
RBA set to hike interest rate to 4.60% in September as inflation remains elevated
1790646010
Yen touches 158.37 as Tokyo reopens, then slips back — ¥15.4 trillion of intervention and the 200-day line stand between here and 160
1790233179
Popular Analysis
Popular Analysis
Nvidia's $150 billion buyback landed — and the AI sector fell anyway. That's the signal worth trading
1790663473
Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anyway
1790146294
Dow drops 631 points as the Fed hikes — but futures are rebounding: what's next for US stocks?
1789613644
Popular Analysis
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Beginners
Long position VS. short position: Which one is better?
In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
How to Choose an Online Trading Platform
Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.
What is Leverage in Financial Trading?
Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.
Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
2021
Best News & Analysis Provider
FxDailyInfo
2022
Best Forex Educational Resources Global
International Business Magazine
Ethereum Intraday: Target 2,597
Ethereum (ETH/USD)
-9.06-0.34%
In spite of the current rebound, our pivot threshold at 2,723 has not been hit and our target remains 2,597
Our pivot point is at 2,723.
Our preference: In spite of the current rebound, our pivot threshold at 2,723 has not been hit and our target remains 2,597
Alternative scenario: above 2,723, look for 2,767 and 2,794.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. The price is below its 20 period moving average (2,686) but above its 50 period moving average (2,681).
Supports and resistances:
2,794 **
2,767 *
2,723 **
2,682 last
2,623
2,597 **
2,571 *
Our preference: In spite of the current rebound, our pivot threshold at 2,723 has not been hit and our target remains 2,597
Alternative scenario: above 2,723, look for 2,767 and 2,794.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. The price is below its 20 period moving average (2,686) but above its 50 period moving average (2,681).
Supports and resistances:
2,794 **
2,767 *
2,723 **
2,682 last
2,623
2,597 **
2,571 *
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
