The US dollar will continue to be a safety currency that people will run to, and as the US Treasury market continues to attract a lot of inflows, it makes sense that the greenback will strengthen. At this point, it is highly likely that we will continue to see market participants fade short-term rallies, but keep in mind that this is a market that is also highly...
EBay is starting a marketing campaign this week to drive new buyers to the site, according to the mind of eBay Americas Jordan Sweetnam, who reached out to sellers on Tuesday through a post on the Seller Announcement Board. EBay will run commercials across radio, display, electronic video and paid social. The creative builds on its Up & Running program, which is...
Litecoin more often known as the silver to Bitcoin's gold has surged by more than 100% since its drop on March 12 , 2020. Litecoin is trading at the consolidation marketplace in its Medium-term perspective as we could see from the daily chart. The pressure from the bears in the service in $45.79 on the 5th June is currently fixed today, by the bulls. The...
At this point, price action is testing a big zone of prior support on the chart: Not only did this area hold multiple inflections over the past couple of weeks, but there are three different support/resistance mechanisms within a 20-pip range. The price of 1.3992 is the 50% marker of that March major move; and at 1.4000 psychological level sits just beneath the...
The overall market conditions are showing recovery signs as BTC surged above the price level of $7.9k again with ethereum crossing the major level of $200. During the price recovery, IOTA also managed to avoid downfall below the major support level of $0.15. It is having a significant overall gain of 4.81%.
Contract for differences (CFD) is a financial contract that pays the differences in the settlement price between the open and closing trades. CFDs essentially allow investors to trade the direction of securities over the very short-term and are especially popular in FX and commodities products. SkyRock Signals Squeeze momentum, PSAR and DMI indicator perfectly...
Oil currencies were battered to start the trading week after the most immediate crude contract had the largest drop on record, a 40% decline below the $11 a barrel level. With oil prices plunging to the lowest levels since 1986, the Canadian dollar, Russian ruble and Norwegian krone all tumbled, but failed to take out last week’s respective lows. The initial...
The coin lost all its gains in the drastic fall in March and has been noting a fall of 9.66%. Traders looking for a range to trade within may wish to note that OmiseGo may range between $0.450852 and $0.627388. RANGE BOX & LIVE LEVELS DAILY INDICATOR SHOWING EARLY SIGNS OF RETURNING STRENGTH.
Privacy coins continue to be important in cryptocurrency markets. While most cryptocurrency transactions are traceable on the blockchain, privacy coins utilize a range of protocols to obscure the addresses of transacting parties. Some privacy cryptocurrencies are private by default. Others offer identity-preserving features as an option. Horizen is a technology...
Tether's stablecoin USDT was introduced to improve the liquidity of the early Bitcoin market. The project has faced various legal controversies revolving around the legitimacy of its 1:1 USD backing. Despite these obstacles, the stablecoin has dominated one of the fastest growing sector's in crypto. Tether is by far the most popular and most liquid stablecoin and...
Gold to trade in a consoliation channel after a sharp drop. The sharp pullback in prices came as the US dollar gained strength GOLD INDICATOR STILL HOLDING THE OVERALL TREND SHORT DURING THE RANGE
Earning announcements expected to trigger more selling. Support rests at the low-week close at 2297. Eyeing 2760 for the day trading profits. C WAVE INDICATOR ON 12 HOUR TIMEFRAME INDICATING MORE SHORT SELLING TO COME
USD/CAD will inevitably trade higher. Dips in USDCAD sub-1.40 are false shorts USDCAD longer term targets of 1.4650 C WAVE INDICATOR ON 12H TIMEFRAME SHOWING SIGNS OF STRENGTHENING TREND
Kiwi trading at the top of the monthly range and starting to show signs of decline. Coronavirus risks keep weighing on the market’s trading sentiment. Further downside could be restricted by a 200-HMA level of 0.6005. C WAVE indicator showing short trend forming on the 12 hour timeframe.
Ethereum is grinding higher and showing positive signs above the $155 level. The bulls are likely to face a strong selling interest near $160 and $162. BOOST 12H INDICATOR SHOWING INTRADAY SUPPORT LEVELS FOR FURTHER BUYING.
The GBP/USD pair is trading near its daily low, bullish in the short-term, after spending most of the day above a critical Fibonacci level at 1.2515. In the 4-hour chart, the 20 SMA advances above the larger ones, all fo the below the current level, while the RSI keeps advancing, despite being in overbought levels. The bullish case should remain firm in place as...
EUR/USD remains in a downtrend off peaks from earlier this month. Losses are being maintained by falling resistance & continued dollar strength. DAILY PIVOT INDICATOR HOLDING THE TREND SHORT
Collapsing oil prices due to travel bans fueled by the coronavirus slashed the global outlook for energy demand. Natural gas futures plunged 7% to their lowest since 1995. PIVOT INDICATOR HOLDING THE TREND SHORT