: On this chart, buyers are in the market in a high volume. They have taken over and pushing the market upwards to break the strong resistance made my the impulsive downward movement. As long as they have overcome the resistance they would be able to move to the market upwards continuously until the volume of sellers overcome them. At this point I am taking 25...
Checking on my 15m TF I saw a confirmation on my Fib Ret indicator showing high possibilities of shorting positions & also checking other price action zones on the trend.
Looking at Bitcoin we can both notice that Bitcoin has been falling rapidly in the past few weeks due to China and Tesla refusing to accept Bitcoin. Bitcoin fell from 60k to 29k which was a bad fall but an opportunity for new investors to capitalise on by buying Bitcoin as it has already reached a turning point and gaining back it's momentum and value. So for...
Looking forward to seeing AUDUSD going long to previous high as it has bounced on a strong support and point up so investors should look for buying opportunities as the chances of it going Long are high
Looking on a daily timeframe I see Gold running on a weak resistance which will force it to go down for retest then Long. As for now it's not yet confirmed although possibilities of XAUUSD to go Long are high.
( CNN ) — For the last year, Facebook has been signaling it wants in on the cryptocurrency phenomenon. At its F8 developers conference last month, cofounder and CEO Mark Zuckerberg said he wants to make sending money as easy as sending a photo: digital, immediate, free and secure. On Tuesday, the company formally unveiled its highly-anticipated digital currency...
The start of the year was quite flourishing for the pair, until the recent talks about hard Irish border and the EU Customs Union. This could hit hard on the GDP of the nation, which is expected to devalue from 0.4% to 0.3%. Have to keep an eye on this one. Focusing on the technicals, we can see that the FX:GBPUSD was ranging at the levels of 1.4000 ( 23% Fib...