GBPJPY Price Analysis -November 20 During the last one month, the GBPJPY’s price has traded on the upside between the horizontal level at 141.50 and the level at 138.88 while testing the top and the bottom of the formed channel in a sideways trend. However, in today’s trading session, the FX pair has broken below […]
Previously in the news, it was recalled that US-China top officials had a video conferencing call in which observers termed as a constructive one. Many saw this as a dim light in a tunnel although the final say depended on president trump. Investors entered the week been hopeful even though US threat on slapping more […]
The United Kingdom has joined other territories in classifying cryptocurrencies as ‘property’. This new development was reported by the Times which stated that a legal committee led by the Chancellor of the High Court, Sir Geoffrey Vos, came to an agreement that poses considerable implications for the legitimacy of cryptocurrencies and assets in the country. […]
USDCHF Price Analysis – November 19 The FX pair moved past the moving average 5 and 13 while breaking the horizontal zone on the key level at 0.9911 early during the European session, but could not sustain the momentum. As at the time of composing, USDCHF dived again below the key level at 0.9911. The […]
In the news this week is the report filtering in about the progress made in US-China trade talks over the weekend. Reports indicate a video conferencing between top US trade officials and a Chinese top government official over the weekend. Though the details of the conference call are yet to be finalized, this has sparked […]
EURUSD Price Analysis – November 18 The bulls had full control today, moving the market up during the entire European session as the FX pair confirmed its breakout past the high of the prior session after trading up to 1.1068 above during the day. Key Levels Resistance Levels: 1.1501, 1.1412, 1.1278 Support Levels: 1.0989, 1.0879, […]
World Blockchain Summit (WBS) will expand its footprints into Thailand this December, hosting the world’s leading thinkers in blockchain who will give an outlook on the Blockchain and Crypto Ecosystem of Thailand. The summit will feature top speakers including Prinn Panitchpakdi, Felix Mago and Kullarat Phongsathaporn to name a few. Montag, November 18, 19 (Bangkok): […]
GBPUSD Price Analysis – November 17 Cable advanced past the level at 1.29 handle on the lower dollar after economic release for the U.S and the recent Brexit Party news gave a boost to the pair while holding firmly over the moving average 5 and 13. Key Levels Resistance Levels: 1.3301, 1.3185, 1.3012 Support levels: […]
The trade war which had lingered for over 16 months between the US and China had spurred up a little glimpse of positivity in the past weeks when reports filtered in that both countries were about removing the tariffs slapped on their respective goods. In this light, it seemed as if investors had gotten at […]
