EURUSD reversed from support area Further gains are likely EURUSD recently reversed up with the daily Hammer from the support area lying between the strong support level 1.1200 (which has been reversing the price from the middle of November) and...
Platinum Wave Analysis – 03 April, 2019
Platinum reversed from support area Further gains are likely Platinum recently reversed up from the support area lying between the key support level 830.00 (which also reversed the price at the end of March) and lower daily Bollinger Band. The...
EUR/GBP Technical Analysis: Euro in wait-and-see mode against Pound
EUR/GBP daily EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs). EUR/GBP 4-hour chart EUR/GBP is trading below The post EUR/GBP Technical Analysis: Euro in wait-and-see mode against Pound appeared first on FXCM News .
Oil Rally Halts After Another Big Build in U.S. Crude Stockpiles
Oil Rally Halts After Another Big Build in U.S. Crude Stockpiles The post Oil Rally Halts After Another Big Build in U.S. Crude Stockpiles appeared first on FXCM News .
Bitcoin sustain its positive impulse
On Tuesday, the bitcoin price jumped by 20%, at some point breaking the threshold $5,000. The initial impulse was somewhat weakened, and retail investors and the media began to put forward their own hypotheses for such a sharp dynamic. In...
Forex: EURUSD & GBPUSD finds support at major levels
EURUSD EURUSD received support after falling below 1.1200, and this level looks like significant support for the pair since November. The markets focus on the euro-region business activity weak indicators, which may further put pressure on the single currency. On...
Chinese and US stock indices maintain growth as yield curve normalization aids the markets
Stocks Chinese and US stock indices maintain growth impulse, adding 0.3-1.0% within 24 hours, reflecting the demand for risky assets. The Chinese blue-chip index A50 fully offset the last year decline due to trade wars fears. S&P 500 reached the...
BCH increased in price by 47% per day, beating all the coins from the TOP-10
Forks Bitcoin Cash (BCH) and Bitcoin SV (BSV) have posted astronomical gains following Bitcoin’s run up to $5,000. After getting decimated by the hash wars following BSV’s split from BCH, it appears that the bull trend has revitalized the two...
Oil at highs: geopolitics and OPEC + may further increase the cost of a barrel
Crude advanced to the highest this year after a further reduction in supply from OPEC signaled that global markets are tightening. Futures in New York added 1.6 percent on Thursday to close at the highest level since November. Declines in...
USDOLLAR Reacts Off Of Overhead Resistance
The below is the daily chart of the USDOLLAR. Further to yesterday’s article, the confirmation of the bullish reference candle never materialised. Rather price reacted off of the overhead resistance area around the 12,270 level. The RSI is still bullish and over 50 (blue rectangle). If it drops below 50...