GBPUSD Price Analysis – December 15 The GBPUSD pair reached 1.3514 level last Friday, a level that was last seen in May 2018, after the Conservative Party led by British Prime Minister Boris Johnson won the general elections in the United Kingdom. The pair fell all day on Friday, amid a higher dollar and profit-taking, […]
Monetary information will slow towards the end of the year, even though there are still a few important events planned for the new week. Business sectors were shaken by the major events a week ago, the United Kingdom elections, the decline in tariffs between the United States and China, and the FOMC decision. The British […]
Key Resistance Levels: $600, $700, $800 Key Support Levels: $400, $300, $200 MKR/USD Price Long-term Trend: Ranging Maker has been trading below the $800 since February. The bulls have made efforts to break above the $800 but could not penetrate the resistance level. After several attempts, the coin fell to the low of $400 and […]
EURJPY Price Analysis – December 13 Strong bullish momentum for the euro against the Japanese yen, as it decisively separates to the top of a new trend, and moves above MA 5 and 13 after the horizontal area. The foreign currency pair is likely to continue closing above for two days in a row after […]
The British Pound is still without a doubt the biggest factor in today’s and week’s trading, as it spurs the Conservative victory in the British elections. Boris Johnson pledged that the country would complete Britain’s exit from the European Union by the deadline of January 31, without any doubts. This is what the market trusts […]
Trading cryptocurrencies can be quite boring at times, especially when trading volumes becomes very low. Most of the time, lack of interest in trading is caused by insignificant price volatility which could position the market in either a squeeze or a consolidation mode. Recently, Bitcoin trading has suffered a lot of volatility to the downside, […]
Out of the top ten crypto projects, Bitcoin Cash has shown a nice but small recovery of 3% under 24-hours. Amidst the bearish trend, the bulls have tried to push the BCH price to $211 at the moment. BCH is currently the fifth-largest cryptocurrency by market cap, although we can expect the price to […]
The second most prominent health insurance firm in the US, Anthem, has announced its intentions to use blockchain technology in securing medical information of its 40-million-strong customer base by 2022. It was announced by Forbes on the 12th of December that Anthem aims at using blockchain technology to provide its customers with secure access to […]
Since December 1, the value of Litecoin has substantially depreciated, losing almost 10% from its monthly opening price. As of now, LTC trades at $43.7 after dropping from a daily high of $44. Litecoin is currently the 6th best-performing cryptocurrency with a market cap of $2.7 billion which is quite low compared to when it […]
