- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Crypto Market Overview: Bitcoin ends 5-month losing streak while US seeks Iran exit plan – ALGO, STABLE, NIGHT lead gains
1775016442
Ethereum Price Recovery Picks Up, Is a Breakout Now Brewing?
1775015881
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP extend rebounds cautiously on hopes of Middle East de-escalation
1775015370
Popular Articles
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Today’s Market Recap: US and Iran Signal Willingness to End Conflict, Three Major US Stock Indexes Surge, Dollar Ends Five-Day Winning Streak
1775006619
Seesaw Effect Continues. US Pre-Market Three Major Index Futures Weaken, Oil Prices Rise, Bitcoin Drops Below 68,000 Mark
1774606997
Trump Wants TACO? The Script for an Iran War May No Longer Be His to Write
1773223067
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
GBP/USD Intraday: the upside prevails.
GBP/USD (GBP/USD)
+0.00145+0.11%
long positions above 1.3170 with targets at 1.3290 & 1.3320 in extension.
Pivot: 1.3170
Our preference: long positions above 1.3170 with targets at 1.3290 & 1.3320 in extension.
Alternative scenario: below 1.3170 look for further downside with 1.3135 & 1.3100 as targets.
Comment: a support base at 1.3170 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.3350
1.3320
1.3290
1.3229 Last
1.3170
1.3135
1.3100
Our preference: long positions above 1.3170 with targets at 1.3290 & 1.3320 in extension.
Alternative scenario: below 1.3170 look for further downside with 1.3135 & 1.3100 as targets.
Comment: a support base at 1.3170 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.3350
1.3320
1.3290
1.3229 Last
1.3170
1.3135
1.3100
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.
