- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
‘West as we knew it no longer exists,’ EU Commission chief says as US tariffs bring Brussels and Beijing closer together
1744907425
Here’s Why This PayFi Altcoin May Deserve A Spot In Your Portfolio – Even More Than Solana or Cardano
1744907340
America thinks China’s $1.1T in Treasuries don’t matter in trade fight
1744906257
Popular Articles
Popular Analysis
Popular Analysis
Trump joins Japan trade talks in surprise move, claims ‘big progress’ on tariff dispute
1744882778
U.S.-Japan Talks Avoid Yen Exchange Rate, BOJ Likely to Cut Growth Forecasts Amid Uncertain Rate Hike Prospects
1744879768
US Dollar Index maintains position around 99.50 ahead of Initial Jobless Claims data
1744875285
Popular Analysis
Popular Analysis
Popular Analysis
Has the VIX Index Peaked, Signalling a Reversal in Wall Street's Stock Selloff?
1744795608
Trump Targets Nvidia’s H20 Export! Nvidia Shares Drop 7% in After-Hours Trading, Nvidia-Related Stocks Tumble
1744784921
Nvidia Soars 10% on $500B Supercomputer Plans While AI Tokens RNDR, TAO, and FET Rally: Why MIND of Pepe Could Be Next
1744710962
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
AUD/JPY Intraday: the downside prevails as long as 91.04 is resistance
AUD/JPY (AUD/JPY)
+0.665+0.74%
the downside prevails as long as 91.04 is resistance
Our pivot point is at 91.04.
Our preference: the downside prevails as long as 91.04 is resistance
Alternative scenario: above 91.04, look for 91.43 and 91.66.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90.90 and 90.88).
Supports and resistances:
91.66 **
91.43 *
91.04 **
90.88
90.72 last
90.16
89.93 **
89.69 *
89.46 **
Our preference: the downside prevails as long as 91.04 is resistance
Alternative scenario: above 91.04, look for 91.43 and 91.66.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90.90 and 90.88).
Supports and resistances:
91.66 **
91.43 *
91.04 **
90.88
90.72 last
90.16
89.93 **
89.69 *
89.46 **
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.
