13 Aug 2018 @ 09:23
EUR/USD has broken down to fresh yearly lows amidst concerns about exposure to Turkey – will bears look to target 1.12 next? Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
13 Aug 2018 @ 09:05
BTCUSD Medium-term Trend: Ranging Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,400, $6,300, $6,200 Yesterday, August 9th, the BTCUSD pair was in a bearish trend. Yesterday, the price was approaching the $6,000 price and it was assumed that the bulls would defend the support level at $6,000. This was based on the fact that […]
13 Aug 2018 @ 02:39
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish After consolidating in the months of June and July, 2018, the market has resumed its bearish journey, which it started in April 2018. Last week, price dropped roughly 200 pips, and it has dropped more than 1000 pips since April. This is a bear […]
10 Aug 2018 @ 08:58
Waiting for Godot is a well-known play by Samuel Beckett where in short, nothing much happens and nothing is certain. This may sound boring but really, it’s anything but boring. The summer months in markets remind us of this at times. They are historically well-known for being some of the quietest months in the markets and with volumes razor-thin. Indeed, […]
09 Aug 2018 @ 12:57
Ethereum Price Medium-term Trend: Ranging Supply zones: $500, $550, $600 Demand zones: $200, $150, $100 ETH returns to the range in the medium-term outlook. The bearish momentum was sustained until the price was down to $346.35 in the demand area. The opening 4-hour candle at $355.63 was bullish and the cryptocurrency […]
08 Aug 2018 @ 09:19
Higher inflation expectations helped cap AUD/NZD’s rally ahead of tonight’s RBNZ meeting. But with the trend favouring further upside, it could be too soon to write off another push higher just yet. Like all good neighbouring countries, there’s a friendly rivalry between Australia and New Zealand. Whether it’s over sport, culture or (specifically with these […]
07 Aug 2018 @ 09:44
With less than 24hrs until the RBNZ meeting, NZD remains pressured from trade concerns and soft domestic data. And with recent price action rejecting pivotal resistance, we’re looking for an eventual break to new lows for the year. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try […]
06 Aug 2018 @ 11:56
Forex trading is a great way of earning nice money for a living. Well, if you know what you’re doing that is. Just like betting, forex trading can be highly profitable if you learn all the basics and use the right strategies. However, don’t expect forex trading strategies to be like online slots strategies – […]
06 Aug 2018 @ 05:25
ETHUSD Long-term Trend – Bearish Distribution territories: $600, $650, $700. Accumulation territories: $350, $300, $250. Ethereum lost a considerable amount of value against the US dollar last week. The cryptocurrency, in its first trading day, got weakened to a bit above the accumulation territory of $450 and the bears took that advantage of it […]
06 Aug 2018 @ 02:57
GOLD (XAUUSD) Dominant Bias: Bearish Gold has ended its recent short-term neutrality by dropping 5000 pips in July. In fact, the current dominant bearish bias started on April 11 (following a long period of a boring, choppy market), and price has dropped over 15,000 pips since then, resulting in a Bearish Confirmation Pattern in the […]