Technical Analysis
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Bitcoin, Ethereum, Ripple – BTC slides toward breakdown, ETH struggles, XRP loses momentum
Bitcoin stalls near $73,600 on Friday after declining more than 4.4% so far this week. Ethereum drops over 4.5%, retesting…
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USD/CAD Price Trades below 1.3800 with bullish bias on weak Oil, USD uptick
USD/CAD stalls the previous day’s sharp retracement slide from its highest level since April 13. Weaker Oil prices undermine the…
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USD/JPY Price Sees more upside towards 160.70
USD/JPY edges up to near 159.32 as the Japanese Yen trades with caution. Tokyo CPI ex. Fresh Food grew at…
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WTI Price Forecast: Struggles near one-month low, vulnerable around $87.00/below 50% Fibo.v
WTI remains under some selling pressure for the third straight day amid US-Iran peace deal reports. The optimism, however, remains…
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Gold bulls seem hesitant as Iran uncertainty and Fed hike bets support US Dollar
Gold stalls its overnight recovery from a two-month low amid mixed signals over the Iran peace deal. A rise in…
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Axios reports that the USA and Iran have reached an agreement, but still need Trump’s final approval
According to Axios, one of the most reliable news outlets in Washington, U.S. and Iranian negotiators have reached a preliminary…
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Photronics shares slump 30% amid weak Q1 earnings report
Photronics (PLAB.US), one of the world’s leading photomask manufacturers for the semiconductor industry, reported earnings that sharply disappointed Wall Street…
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Trade of The Day: AUD/USD
Facts: The AUDUSD exchange rate opened today below the 10- and 30-day exponential moving averages (EMA10 – yellow, EMA30 –…
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EURUSD Rebounds Following Weak US Data
Weaker US data, in-line inflation, hawkish ECB minutes, and increased Iranian compliance trigger a sharp rebound in the EURUSD pair.…
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Bitcoin Under Pressure – What’s Next❓
Why is crypto losing value? Bitcoin is being driven by a confluence of factors. On the one hand, BTC is…
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