GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), CANADIAN OVERSEAS PETROLEUM LIMITED COM SHS NPV (DI), VODAFONE GROUP PLC ORD USD0.20 20/21, TESCO PLC ORD 5P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
QTUM/DOLLAR is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 60.
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (18.13 to 10.74), ...
Qtum forming continuation patterns for both usd and btc pairs.
I can see a bullish rectangle has formed for the btc pair and a bullish pennant for the usd pair.
Expecting a breakout soon.
QTUM has gone parabolic and the current retracement is about to hit the current parabolic line. This coupled with pennant formation and volume action would indicate an immenant breakout. Wait for confirmation of direction before setting orders
After the recent market correction, price has found support at the 0.5 Fib retracement level. if this level holds we could see a continuation of the uptrend, however the line of resistance could push price down.