BTC/USD continues increasing while XRP/USD showing signs of weakness.

BTC/USD continues increasing while XRP/USD showing signs of weakness.

BTC/USD From last weeks Monday when the price of Bitcoin was sitting at $8986 at its lowest, we have seen an increase of 26.55% measured to the highest point the price has been today which is at $11372. The price continued increasing after yesterday’s pullback of around 4.87% which ...

GBP/USD and USD/CAD: US Dollar Could Slide Further

GBP/USD and USD/CAD: US Dollar Could Slide Further

GBP/USD started a fresh increase and traded above the 1.2700 resistance area. Conversely, USD/CAD declined heavily and broke the 1.3200 support area to enter a bearish zone. Important Takeaways for GBP/USD and USD/CAD The British Pound started a solid upward move once it broke the 1.2600 ...

Gold Price And Crude Oil Price Rally Significantly

Gold Price And Crude Oil Price Rally Significantly

Gold price rallied sharply and broke the $1,350 and $1,400 resistance levels. Similarly, crude oil price gained bullish momentum and broke the $55.00 resistance area. Important Takeaways for Gold and Oil Gold price started a solid upward move after it broke the $1,380 resistance against the US ...

EOS/USD and LTC/USD struggling to keep up the upward momentum

EOS/USD and LTC/USD struggling to keep up the upward momentum

EOS/USD From last Monday the price of EOS has been in an upward trajectory and has recovered by around 19%, coming from $6 at the open to $7.211 on Tuesday 18th. Since the price reached its weekly high it started decreasing again and has fallen by 8% on the next day coming to $6.67 but […]

EUR/USD Tumbling While USD/JPY Trading Sideways

EUR/USD Tumbling While USD/JPY Trading Sideways

EUR/USD failed to stay above 1.1250 and recently declined below 1.1200. USD/JPY is trading in a broad range and it could slide in the short term towards the 108.30 or 108.20 support. Important Takeaways for EUR/USD and USD/JPY The Euro started a strong decline from well above the 1.1300 support ...

BTC/USD and XRP/USD – strong resistance encountered

BTC/USD On yesterday’s open the price of Bitcoin was sitting around $8985 as the price came down to the descending trendline after an interaction was made with the 0.382 Fibonacci level on Sunday. From there the price made another attempt to surpass the Fibonacci level but the interaction ...

Gold Price And Crude Oil Price Facing Uphill Task

Gold price started a downside correction after it climbed towards the $1,360 resistance area. Crude oil price seems to be forming a breakout pattern and is preparing for the next break. Important Takeaways for Gold and Oil Gold price started a downside correction after trading as high as $1,258 ...

GBP/USD and EUR/GBP: British Pound Facing Uphill Task

GBP/USD remained in a bearish zone and recently declined below the 1.2700 support. EUR/GBP is placed in an uptrend above 0.8880 and it could continue to move higher. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined below the 1.2720 and 1.2700 support levels. There is a ...

LTC/USD and EOS/USD: Is the bullish period over?

LTC/USD From Monday’s open at $113.554 the price of Litecoin has increased by 25.66% as it came up to $142.68 at its highest point today. Since then the price has fallen by around 6% and is currently being traded at $134.73 with the price action forming a horizontal cluster. On the hourly ...

EUR/USD Gaining Momentum While USD/CHF Is Recovering

EUR/USD formed support near 1.1215 and climbed steadily in the past few days. USD/CHF is currently recovering from the 0.9859 swing low and it could correct further higher. Important Takeaways for EUR/USD and USD/CHF The Euro remained in a positive zone above the 1.1200 and 1.1220 support ...