The week started on a quiet note for major currencies after the Tokyo event while investors eagerly await the first official speech from Christian Lagarde, the new head of ECB. Dollar For currency pairs, the dollar maintained a significant price of 97.218, having dropped to 97.107 on Friday which is a low recorded between august […]
EURUSD Price Analysis – November 4 The euro enlisted higher when the US dollar fell. The FX pair, albeit marginally unstable, was cited close to the recently settled highs. Financial data for the euro region is yet to be released. This left the greater part of the overwhelming effect in the US data release. Numerous […]
Bitcoin’s trading has continued to struggle between tight ranges of $9000 – $9400 for some days now. The sideways move was due to the flash drop from $10350 in late October and most especially a sign of capitulation in the market. Bitcoin may remain in a range-bound if the above price zones hold tight. However, […]
GBPUSD Price Analysis – November 3 Due to recent news release, the GBPUSD pair may recover further past the horizontal line on the level at 1.30 handle. The pair exited the prior week higher at the level 1.2940. Trending about 28 pips higher after the open, the Cable was unable to hold its gains as […]
Bitcoin has been finding it difficult to breach the $9400 resistance over the past days as the $9000 keep holding acting as solid support as well. These price zones mentioned above are important for Bitcoin’s major move in the coming days. Meanwhile, we can expect these zones to break as soon as volatility expansion […]
On Friday the Department of Commerce for China expressed that Vice Premier Liu He had a phone call with United States trade negotiators, Robert Lighthizer and Treasury Secretary Steven Mnuchin. The different sides together had real and gainful chats on fundamental trade questions and discussed plans for the accompanying round for a deal. Pronouncing the […]
According to a report filed on the 31st of October, the Malta Financial Services Authority (MFSA) has alerted the public of a Bitcoin scam. This new scam bears the same qualities as another scam that has been spotted in the past. The MFSA has cautioned the public to avoid the body called ‘Bitcoin Future’ which […]
EURJPY Price Analysis – November 1 EURJPY currency pair tumbled and breached a significant horizontal zone on the level at 120.35 during yesterday’s trading session. As for the near future, buyers on EURJPY may take the exchange rate back to the upside to retest the price level at 121.10/121.47 within this session or the following […]
Against the US Dollar, Bitcoin’s price is flagging and struggling with $9000 from below and $9400 from above. Since BTC touched $10350 on October 26, the price has seen a substantial decrease, although Bitcoin now opens at $9100 on a fresh month. The next coming days should give us a clue on where the price […]
