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 Chief of the Criminal Investigation Department of the United States Internal Revenue Service, John Fort mentioned, in an interview with Bloomberg Law which held on the 15th of November, that the agency has started monitoring possible taxing problems from Bitcoin ATMs and kiosks. The executive told Bloomberg that the IRS is working together with […]
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 […]
Trading volatility has been shrinking for a while now as a result of recent capitulation in the crypto market, which appeared to have made the value of Bitcoin to depreciate by the day. Recording a daily low of $8400, Bitcoin is struggling around the $8500 at the moment. Meanwhile, the market scenario is causing a […]
The United States Department of Justice, on the 14th of November, has apprehended and arraigned two people (Eric Meiggs and Declan Harrington) for breaking into unsuspecting victims’ social media accounts and making away with cryptocurrency. The culprits were prosecuted with one count of conspiracy, eight counts of wire fraud, one count of computer fraud and […]
Just as we predicted earlier today, Bitcoin has sharply dropped to the $8400 support zone, hitting take profits provided in our crypto trading signals. If the price can close well below the $8500, Bitcoin may close on a weekly low of $8000. As of now, Bitcoin is trading at $8496 under a lot of bearish […]
A top finance analyst has observed that in the Fed’s broad index chart, the Chinese Yuan has consistently maintained its growth in the last decade to emerge amongst the top five with the largest trade weight. It had even outrun the Canadian currency to clinch the 2nd most traded currency in the United States after […]
EURJPY Price Analysis – November 15 The common European currency versus Japanese yen had depreciated about 57 basis points and exited Thursday on the level at 119.47. Looking at a hypothetical perspective, the exchange rate of EURJPY may make an upside reversal inside this session. Buyers may focus on the moving average 13 on the […]
The bears have continued to stay in the market as Bitcoin’s extend support to the $8500 zone overnight. Due to the price drop, the market has currently recorded a loss of about -1.2.6%. This time, if the $8500 support fails to suppress selling pressure, Bitcoin would further look for lower support. Bitcoin (BTC) Price Analysis: […]
