Currency

EUR/USD has carved out a clear inverted head-and-shoulders pattern over the last couple of months – see what resistance levels we’re watching if the pattern leads to a bigger rally in the coming weeks! Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

BTCUSD Long-term Trend – Bullish   Distribution territories: $7,500, $8,500, $9,500. Accumulation territories: $6,000, $5,000, $4,000.   Bitcoin suffered a considerable downturn against the US dollar within the first and the second trading day sessions of this week. The downturn that occurred on September 17, in the market price value of the crypto was so […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH continues in the range in its medium-term outlook. The bearish pressure within the range was strong as ETH dropped to $196.00 in the demand area despite the railroad formation that should have brought about a bullish rally. […]

After rallying nearly 4% since the 83.76 low it’s just the May high which stands in its way to clearer skies. And whilst the daily trend structure has appeared erratic in recent times, we see a few clues which hint at a bullish breakout. Since crashing to the 2018 low, three prominent higher lows have formed to show […]

Here’s a quick follow-up on our previous analysis of GBP/CAD after a second bearish pattern has formed below key resistance. On the 13th September we outlined GBP/CAD’s potential for a large drop, based upon an established bearish channel and 10-week declines within it. The bearish channel not only remains intact but has also been reinforced by another dark cloud […]

USDJPY is consolidating near the August highs ahead of tomorrow’s BOJ meeting. And with the rolling correlation between Nikkei and USDJPY rising, we’ve taken note of Nikkei’s bullish breakout today. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

BTCUSD Long-term Trend – Bullish   Distribution territories: $7,600, $8,600, $9,600. Accumulation territories: $6,000, $5,000, $4,000.   Bitcoin’s price went down to a low in the $6,100 territory on September 8. Earlier this week, on September 9, the cryptocurrency started seeing a series of lower highs towards the territory of $6,400, until September 12. The […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The bias on EUR/USD has essentially turned neutral, as price has not made any significant upwards or downwards movement in the last several trading days. There is a resistance line at 1.1750, and there is a support line at 1.1500. Either the resistance line […]

TIMELY EXIT “Successful Trading Is Not About Being Right.” – VTI What is your tolerance for pain? Consider the following scenario. You have 10% of your account balance on the line. For the past two days, prices have been going in the direction you had anticipated, but today, an announcement was made that caused a […]

Ethereum Price Medium-term Trend: Bearish   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH enters the range in its medium-term outlook. The strong bearish pressure was lost after a drop in price to $167.32 in the demand area, closing the candle as a spinning top – an indication of the bulls’ […]