Within an hour on Tuesday morning, Bitcoin spiked by more than 15% from $4,200 to $4,850, enjoying growth without barriers after the bounce from important resistance near $4,000. BTC showed the dynamics of a well-forgotten glorious past. The growth was...
FxPro Market Review: EURUSD testing 1.1200, Stocks rise stall on lack of further impulse
Stocks Key stock indices maintain a positive bias, although the growth momentum has dried up without new impulses after the China A50 index has updated annual highs, and the S&P 500 raised to 2870 – the highest level since October...
USD/JPY Technical Analysis: Greenback currently capped by 111.50 key resistance
USD/JPY daily chart USD/JPY is consolidating just below the 111.50 resistance and the 200-day simple moving average (SMA). USD/JPY 4-hour chart The post USD/JPY Technical Analysis: Greenback currently capped by 111.50 key resistance appeared first on FXCM News .
U.S. Dollar Rises, as Sterling, Turkish Lira Slump
U.S. Dollar Rises, as Sterling, Turkish Lira Slump The post U.S. Dollar Rises, as Sterling, Turkish Lira Slump appeared first on FXCM News .
Dead end Brexit: Parliament can not choose any option in principle
Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister Theresa May’s divorce deal. After a tumultuous week in...
Moody’s: US / China collapse in talks threatens the world with a new global recession
The global economy is “highly likely” to fall into a recession if the U.S. and China don’t reach a trade deal within three months, according to Moody’s Analytics Chief Economist Mark Zandi. His prediction was based on current “extraordinarily fragile”...
Bitcoin: technical indicators are calling for purchase
Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right...
USDOLLAR Charts Potential Bullish Reference Candle
The below is the daily chart of the USDOLLAR. Further to our previous article, yesterday’s candle may be a bullish reference candle (blue arrow). I.e. a candle with higher lows on either side of it. If today’s candle closes above yesterday’s high (black horizontal line), it will give weight to...
Important upcoming events and publications
Important upcoming events and publications for April 2 (GMT): 06:30 Swiss CPI has slowed since August last year and is expected to maintain this trend in March, reaching 0.5% y/y against 0.6% y/y one month earlier. After weak Eurozone inflation...
NZD/USD Technical Analysis: Hits 3.5-week low, nears six-month ascending trendline
NZD/USD is currently trading at 0.6773, the lowest level since March 8, representing a 0.43 percent drop on the day. More importantly, the pair is no The post NZD/USD Technical Analysis: Hits 3.5-week low, nears six-month ascending trendline appeared first on FXCM News .