November 12, 2019 at 02:16PM Soy trading close to support area Likely to rise to 944.00 Soy recently corrected down and is currently trading close to support area lying between the support […]
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EURUSD Wave Analysis – 12 November, 2019
November 12, 2019 at 02:15PM EURUSD broke the support area Likely to fall to 1.1000 EURUSD recently broke the support area lying between the support level 1.1065 (low of wave (i)) and […]
Coca- Cola Wave Analysis – 12 November, 2019
November 12, 2019 at 02:14PM Coca- Cola broke support area Likely to fall to 51.00 Coca-Cola under bearish pressure after the earlier breakout of the support area lying between the support level […]
Ripple-Powered Finablr Posts Revenue Update: 22 Percent Rise
November 12, 2019 at 12:42PM Remittance platforms that are using Ripple’s On-Demand Liquidity (ODL) are making progress with the adoption of XRP as a bridge between local fiat currencies and are also […]
Analyst: Ethereum Still on Track for Move to $260 as Network Activity Spikes
November 12, 2019 at 12:18PM Ethereum has been closely tracking Bitcoin’s price action over the past several days and weeks, and this correlation has persisted when ETH dropped overnight as BTC was […]
China could launch its own digital currency in the next 2-3 months, predicts investor
November 12, 2019 at 12:04PM China could start rolling out its digital currency as early as the next two to three months, predicted the managing partner of an investment firm backed by […]
Bitcoin: a 100x growth in 9 years, but down for now
November 12, 2019 at 11:59AM BTCC head Bobby Lee waits for Bitcoin for $1 million in 9 years due to the unwise policy of central banks, as well as due to demand […]
The world’s largest trade deal could be signed in 2020 — and the US isn’t in it
November 12, 2019 at 11:21AM After more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world’s largest trade […]
When the market volcano erupts?
November 12, 2019 at 09:40AM Global markets traded almost unchanged on Tuesday morning. US indices have managed to pull through the corrective moods, and futures for the S&P500 index have returned to […]
FxPro Daily Insight for November 12
November 12, 2019 at 09:21AM Market overview FX: The dollar index added 0.2% on Tuesday morning, returning to the monthly highs area. GBPUSD and EURUSD failed to develop growth and returned to […]
Citigroup Wave Analysis – 11 November, 2019
November 11, 2019 at 02:07PM Citigroup broke two powerful resistance levels Likely to rise to 78.00 Citigroup recently broke above the two powerful resistance levels – 72.70 (monthly high from June) – […]
Palladium Wave Analysis – 11 November, 2019
November 11, 2019 at 02:05PM Palladium broke support zone Likely to fall to 1650,00 Palladium recently broke through the support zone lying between the round support level 1700.00 (low of the wave […]
AUDNZD Wave Analysis – 11 November, 2019
November 11, 2019 at 02:04PM AUDNZD reversed from resistance level 1.0840 Likely to fall to 1.0700 AUDNZD under bearish pressure after the earlier downward reversal form the resistance level 1.0840 (top […]
Bit-comment: Crypto-bears upper hand
November 11, 2019 at 01:15PM Bitcoin starts the week at about 8800, to levels below the 50-day average, where the first cryptocurrency failed on Friday. Bitcoin Pay attention to growth, climbing above […]
Peaked trade optimism?
November 11, 2019 at 09:41AM Throughout the past week, the US dollar has received support after strengthening expectations that the Fed will take an extended break after three consecutive rate cuts. For […]
FxPro Daily Insight for November 11
November 11, 2019 at 09:16AM Market overview FX: The dollar index lost 0.1% on Monday morning, pulled back after 1.2% growth over the past week. GBPUSD fell below 1.28, declined almost daily […]
Exxon Mobil Wave Analysis – 08 November, 2019
November 08, 2019 at 02:07PM Exxon Mobil broke resistance area Likely to rise to 75.00 Exxon Mobil has been under bullish pressure after the earlier breakout of the resistance level 70.00 (previous […]
GBPNZD Wave Analysis – 08 November, 2019
November 08, 2019 at 02:06PM GBPNZD reversed from support zone Likely to rise to 2.0400. GBPNZD recently reversed up from the support zone lying between the round support level 2.000 (former […]
Platinum Wave Analysis – 08 November, 2019
November 08, 2019 at 02:05PM Platinum broke support level 900.00 Likely to fall to 880.00 Platinum recently broke the support zone lying between the round support level 900.00 (former resistance from October) […]
Markets demand more good news to grow further
November 08, 2019 at 01:08PM On Thursday, US markets updated their historic highs, while the European EuroStoxx50 traded near 2015 highs after reports of US and China readiness to phase down tariffs […]
OPEC and its allies consider production cuts as the Aramco IPO complicates its December meeting
November 07, 2019 at 07:25PM Saudi Arabia, Russia and their oil-producing allies are considering a range of options to maintain stability in the oil market just weeks ahead of a critical December […]
Bakkt Posts Second Largest Trading Volume; Bullish for Bitcoin
November 07, 2019 at 07:05PM Bakkt’s monthly futures volume on Tuesday skyrocketed to 1,061 contracts. That number is 112 contracts short of ICE-operated platform’s all-time high of 1,183 contracts. The sudden volume […]
Ripple (XRP) Disappoints as It Dumps Big on the First Day of Swell Conference
November 07, 2019 at 06:59PM Ripple (XRP) has been flirting with the possibility of a breakout and trend reversal over the last two weeks. Peter Brandt, the most followed trader on Twitter, […]
Sterling falls after Bank of England split on interest rate cut
November 07, 2019 at 06:03PM The Bank of England (BOE) held interest rates steady on Thursday, opting not to adjust borrowing costs in the world’s fifth-largest economy ahead of a snap election. […]
General Electric Wave Analysis – 07 November, 2019
November 07, 2019 at 02:08PM General Electric broke key resistance level 10.50 Likely to rise to 11.50 General Electric recently broke above the key resistance level 10,50 (which has reversed multiple upward […]
Palladium Wave Analysis – 07 November, 2019
November 07, 2019 at 02:07PM Palladium reversed from support zone Likely to rise to 1800.00 Palladium recently reversed up from support zone lying between the key support level 1750.00 (former resistance from […]
GBPCAD Wave Analysis – 07 November, 2019
November 07, 2019 at 02:06PM GBPCAD reversed from resistance zone Likely to fall to 1.6700 GBPCAD recently reversed down from resistance zone lying between the strong resistance level 1.7040 (top of the […]
Big wallets accumulate Bitcoin; Ripple is brightening its reputation
November 07, 2019 at 10:50AM Bitcoin made an unsuccessful attempt to break above $9,400. Over the past 24 hours, the benchmark cryptocurrency rolled back to $9,300. Altcoins show decent growth in the […]
Markets retreat on trade progress ebb
November 07, 2019 at 10:11AM News on US-China trade disputes as ebbs and floats, which alternate with an enviable regularity. Within these big cycles, there are also smaller — waves — which […]
FxPro Daily Insight for November 7
November 07, 2019 at 10:00AM Market overview FX: The dollar index remains near 97.7, tightly tied to the news on trade talks progress. GBPUSD turned to rise on Thursday morning from 1.2835 […]
Goldman Sachs Wave Analysis – 06 November, 2019
November 06, 2019 at 02:07PM Goldman Sachs reversed from resistance zone Likely to fall to 212.00 Goldman Sachs recently reversed down from the resistance area lying between the multi-month resistance level 220.00 […]
Copper Wave Analysis – 06 November, 2019
November 06, 2019 at 02:06PM Copper reversed from resistance zone Likely to fall to 262.00 Copper under bearish pressure after the earlier downward reversal from the resistance area lying between the key […]
USDJPY Wave Analysis – 06 November, 2019
November 06, 2019 at 02:05PM USDJPY reversed from resistance zone Likely to fall to 108.50 USDJPY recently reversed down from resistance zone lying between the strong resistance level 109.2 (which has been […]
Bit-comment: Altcoins moves ahead as Bitcoin stalls
November 06, 2019 at 12:39PM Bitcoin has managed to gain a foothold of around $9,400, and over the past 24 hours, the benchmark cryptocurrency has shown growth of more than a per […]
Possibly illusive USD growth
November 06, 2019 at 10:43AM The US dollar climbed 0.7% this week against the basket of major currencies. Closing last week near the three-month low and declining below the 200-day average caused […]
FxPro Daily Insight for November 6
November 06, 2019 at 10:10AM Market overview FX: The dollar index rose to 97.8 DXY on Tuesday, retreating 0.3% on Wednesday morning. GBPUSD almost unchanged, remaining at 1.2880; EURUSD is trading at […]
US-China ‘phase one’ trade deal won’t lead to ‘economic nirvana,’ Larry Summers says
November 06, 2019 at 09:52AM The so-called phase one trade deal that the U.S. and China are expected to sign won’t solve all the problems the global economy faces right now, former […]
The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?
November 06, 2019 at 09:31AM The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth […]
Reddit Roasts $500k Lottery Winner Who Invested Half in Bitcoin
November 06, 2019 at 09:01AM An Illinois man who won the lottery earlier this year has invested half of his winnings into bitcoin. The man who posted the score via Reddit confirmed […]
China’s central bank sets yuan midpoint fix at highest since August 8
November 06, 2019 at 08:42AM The People’s Bank of China’s (PBOC) set its daily midpoint fix for the yuan on Wednesday at 7.0080 per dollar — its strongest since August 8. That […]
Boeing Wave Analysis – 05 November, 2019
November 05, 2019 at 02:05PM Boeing reversed from powerful support level 320.00 Likely to rise to 360.00 Boeing recently reversed up sharply from the powerful support level 320.00 (former multi-month low from […]
Brent Crude Oil Wave Analysis – 05 November, 2019
November 05, 2019 at 02:04PM Brent Crude Oil broke key resistance level 61.90 Likely to rise to 64.00 Brent Crude Oil recently broke above the key resistance level 61.90 (top of the […]
EURCAD Wave Analysis – 05 November, 2019
November 05, 2019 at 02:03PM EURCAD reversed from resistance zone Likely to fall to 1.4450 EURCAD recently reversed down from resistance zone lying between the strong resistance level 1.4690 (which has been […]
Manipulation? CME Bitcoin Futures Flash Crash to Fill $8.5K ‘Gap’
November 05, 2019 at 01:57PM Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets. As various social media users noted, […]
Canadian Fund Manager to List Bitcoin Fund on Major Stock Exchange
November 05, 2019 at 01:26PM Canadian investment fund manager 3iQ received initial approval on its long road to launch a closed-end bitcoin fund on either the Toronto Stock Exchange or the TSX […]
China’s currency surges past 7 per dollar level for the first time since August
November 05, 2019 at 01:01PM The Chinese yuan soared past 7 per U.S. dollar on Tuesday, climbing to a fresh three-month high as investors became increasingly hopeful about the chances of a […]
OPEC lowers forecast for oil demand growth, says its own market share is dwindling
November 05, 2019 at 12:30PM OPEC has downwardly revised its forecast for global oil demand growth over both the medium-term and long-term, citing tough market conditions and “signs of stress” in the […]
Crypto market founded support
November 05, 2019 at 10:30AM The cryptocurrency market shows a cautious growth at the beginning of the new week. Bitcoin climbs more than 2% and changes hands for $9,400. Even more encouraging […]
The currency market doesn’t rush with trade deal euphoria
November 05, 2019 at 09:37AM China and the US continue to note progress in trade talks, that pushes markets up. Japan’s Nikkei225 jumped 1.3% today to 13-month highs. The European Euro50 has […]
FxPro Daily Insight for November 5
November 05, 2019 at 09:08AM Market overview FX: The dollar added on Monday to major currencies. DXY rose to 97.45, where it is turning to decline to 97.3 now. GBPUSD lost 0.2% […]
Ripple Could Be Adding Large Vietnamese TPBank to RippleNet via SBI Giant
November 04, 2019 at 06:18PM The crypto giant Ripple continues to sign up more banks around the world on its global network RippleNet. As reported by U.Today previously, in Asia and Japan, […]
Bank of America Wave Analysis – 04 November, 2019
November 04, 2019 at 02:04PM Bank of America reversed from key support level 31.00 Likely to rise to 32.20 Bank of America recently reversed up sharply from the key support level 31.00 […]
Natural Gas Wave Analysis – 04 November, 2019
November 04, 2019 at 02:02PM Natural Gas broke key resistance level 2.720 Likely to rise to 3.000 Natural Gas recently broke above the key resistance level 2.720 (former monthly high from September […]
NZDUSD Wave Analysis – 04 November, 2019
November 04, 2019 at 02:01PM NZDUSD reversed from resistance zone Likely to fall to 0.6350 NZDUSD recently reversed down from resistance area lying between the key resistance level 0.6440 (monthly high from […]
Bit-comment: Bitcoin keeps moving in a sideways
November 04, 2019 at 10:17AM Bitcoin keeps moving in a sideways trend. During the week, the price of the first cryptocurrency remained unchanged at the level slightly above $9K. Bitcoin-maximalists believe that […]
Three reasons for the further USD decline
November 04, 2019 at 09:22AM Americans continue to convince the markets of the possibility of concluding a trade deal soon. US Secretary of Commerce Wilbur Ross expressed optimism about the conclusion of […]
FxPro Daily Insight for November 4
November 04, 2019 at 09:04AM Market overview FX: Strengthening the dollar after a strong US employment report was short-lived. DXY closed Friday at 2-week lows. GBPUSD almost unchanged this morning, stayed at […]
Microsoft Japan’s 4-day workweek experiment sees productivity jump 40%
November 04, 2019 at 05:45AM Microsoft Japan tested a four-day workweek and has found the experiment a huge boon to employee productivity. The tech giant recorded an almost 40% jump in productivity […]
Analyst: Bitcoin May See 30% Rally to $12,000 as Price Breaks Out
November 04, 2019 at 05:19AM While there are some bearish technical signals for Bitcoin, the cryptocurrency has managed to hold the $9,000s against the odds. As of the time of writing this, […]
Commerce Secretary Wilbur Ross says licenses for US companies to sell to Huawei coming ‘very shortly’
November 04, 2019 at 05:11AM Commerce Secretary Wilbur Ross said Sunday that licenses for United States companies to sell components to Chinese telecom giant Huawei are coming “very shortly,” and expressed hope […]
October job creation comes in at 128,000, easily topping estimates even with GM auto strike
November 01, 2019 at 05:05PM Nonfarm payrolls rose by 128,000 in October as the U.S. economy overcame the weight of the GM autoworkers’ strike and created jobs at a pace well above […]
Soy Wave Analysis – 01 November, 2019
November 01, 2019 at 02:06PM Soy reversed from support zone Likely to rise to 944.00 Soy recently reversed up sharply from the support zone lying between the key support level 920.00 (former […]
Apple Wave Analysis – 01 November, 2019
November 01, 2019 at 02:05PM Apple reversed from daily up channel Likely to rise to 255.00 Apple recently reversed up from upper trendline of the recently broken daily up channel from August […]
Amazon Wave Analysis – 01 November, 2019
November 01, 2019 at 02:04PM Amazon reversed from support zone Likely to rise to 1800.00 and 1850.00 Amazon recently reversed up from support area lying between the round support level 1700.00 (which […]
Bitcoin try to stick to the vital level
November 01, 2019 at 12:56PM Bitcoin continues to form a flat trend. Over the last 24 hours, the benchmark cryptocurrency has shown zero dynamics and changed hands at around $9,100. The asset […]
Bitcoin Shows Extreme Volatility After $10,600 Spike — Where to Next?
November 01, 2019 at 12:38PM The Bitcoin price has been showing a high level of volatility following its abrupt increase to $10,600 on Oct. 26, when Bitcoin (BTC) climbed by 43% against […]
Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index
November 01, 2019 at 11:58AM The U.S. dollar index could fall to as low as 85 as the Federal Reserve grows its balance sheet again by purchasing more bond assets, a Citi […]
Russia just brought in a law to try to disconnect its internet from the rest of the world
November 01, 2019 at 11:17AM It’s been called an online Iron Curtain. On Friday, a controversial law went into force that enables Russia to try to disconnect its internet from the rest […]
How Non-Farm Payrolls report affects USD
November 01, 2019 at 10:52AM Markets are trading at lowered volumes at the beginning on Friday morning due to All Saints’ Day in Europe and anticipation of major statistical publications later today. […]
FxPro Daily Insight for November 1
November 01, 2019 at 10:39AM Market overview FX: The dollar remains under pressure, declined another 0.1% at DXY. GBPUSD added 0.5% this morning, EURUSD virtually unchanged to Thursday’s close near 1.1150. Often, […]
11 Years Ago Today Satoshi Nakamoto Published the Bitcoin White Paper
October 31, 2019 at 07:44PM Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto. Eleven years […]
China Doubts Long-Term Trade Deal Possible With Trump
October 31, 2019 at 02:00PM Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a “phase one” […]
Bitcoin Dissident Sees Dark Warnings in China’s Blockchain Push
October 31, 2019 at 01:00PM China’s recent multi-front embrace of blockchain technology has divided the global cryptocurrency community. While some see it as helpful validation, others worry that crypto is diverging further […]
China’s state telecoms to launch 5G services on Friday
October 31, 2019 at 12:56PM China’s three state telecoms on Thursday announced the roll-out 5G mobile phone services, marking a key step in Beijing’s ambitions to become a technology superpower at a […]
CADJPY Wave Analysis – 31 October, 2019
October 31, 2019 at 11:05AM CADJPY reversed from resistance area Likely to fall to 82.00 CADJPY recently reversed down from the resistance area lying between the resistance level 83.25 (former monthly high […]
Bristol-Myers Wave Analysis – 31 October, 2019
October 31, 2019 at 11:04AM Bristol-Myers rising inside impulse wave (3) Likely to rise to 57.00 Bristol-Myers continues to rise inside the medium-term impulse wave (3), which started earlier from the key […]
Gold Wave Analysis – 31 October, 2019
October 31, 2019 at 11:03AM Gold reversed from support zone Likely to rise to 1520.00 Gold recently reversed up from support area lying between the key support level 1480.00 (which has been […]
Bit-comment: Bitcoin’s inability to grow
October 31, 2019 at 10:25AM Over the past 24 hours, the BTC has lost about a per cent and changed hands for $9,200. Bitcoin again shows signs of inability to develop growth, […]
FxPro Daily Insight for October 31
October 31, 2019 at 09:20AM Market overview FX: The dollar lost 0.4% after the Fed’s rate decision to 97.1 on DXY. GBPUSD is up 0.4% since the start of the day, EURUSD […]
Dollar chooses its path
October 31, 2019 at 08:46AM Monetary easing spreading around the world, supported stock prices. On Wednesday evening, the US Federal Reserve lowered its target range by 25 points to 1.50%-1.75%, as expected. […]
XRP Accounts for Over 50% Of All Crypto Transactions in Last 24 Hours
October 30, 2019 at 04:22PM The number of daily XRP transactions is going through the roof, nearing an all-time high of 1.70 million. According to the crypto data tracker BitInfoCharts, XRP’s daily […]
Worldwide Google Searches for ‘Bitcoin’ Hit 3-Month High
October 30, 2019 at 03:55PM Worldwide Google searches for “Bitcoin” (BTC) — currently worth $9,400 — are now near a three-month high, according to Google Trends. Current interest is at the highest […]
Bit-comment: Bitcoin returned to $9K and this is starting to disturb
October 30, 2019 at 02:29PM Bitcoin is corrected to the round level of $9K, losing more than 2% over the last 24h. After such impressive jump in price, it does not cause […]
