Key Resistance Levels: 0.9200, 0.9400, 0.9600Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: BullishThe EUR/GBP pair is presently rising after retesting level 0.8950. The uptrend has continued as price reached the high of level 0.8967. According to Fibonacci tool, the current trend will rise and reach the high of level 0.8988. Daily Chart […]
Banco Santander, a multinational Spanish bank, successfully launched Ripple payments in 19 countries across the globe. The bank is hoping to extend the services to more nations. In 2018 Santander, in collaboration with Ripple, released One Pay FX, a blockchain-driven solution for foreign payments. The solution has been put in place in four countries – […]
GBPUSD Price Analysis – July 12 In the preceding session, the GBPUSD pair reached 1.2664 level, unable to exceed its weekly high and pull back to stay at 1.2612 level. The run was the direct consequence of the vulnerability of the wider dollar, as headlines from the UK did not offer the Pound any protection. […]
Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: RangingUS Wall Street 30 index is currently in a sideways move since June 10. The index fell to the low of level 26918 and resumed consolidation above the current support. The index has not been trending after […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 has been on a downward move after reaching level 6304.20. The price dropped to level 6040.30 and resumed an upward move. The current support is likely to hold because the market has been retesting level 6000 since June 12. […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD pair is in an upward move. The Kiwi rose to level 0.6600 and was resisted. The pair is currently trading at $0.6567 and it is likely to rise. A correction candle body tested the 0.786 retracement level. This indicates […]
GBPJPY Price Analysis – July 12 During the prior week, GBPJPY posted a high at 135.92 level, forming a shooting star candlestick and may head for correction beneath mid-level 134.00 – a negative signal may be on track for the pair. Asian stock markets reinforced the tone of the offer around the anti-risk Japanese yen […]
An associate of the Ponzi crypto scheme with five men for $722 million pleaded guilty. Silviu Catalin Bacali, one of five people accused of pulling a long crook, pleaded guilty to the charges against him on Thursday, July 9. According to a court document of the Ministry of Justice, Bacali was charged with one charge […]
EURJPY Price Analysis – July 10 EURJPY tends to lose the futile effort to enter the range of 122.00, amid rising selling pressure on the back of the Japanese yen’s improve bias. The corrective downside stays under the ascending trendline in the 120.50 regions as the selling bias gets traction. Key LevelsResistance Levels: 124.43, 122.87, […]
