Litecoin is struggling to push below 11.1, for a number of reasons. 1) Examining the LTC/USD on the thirty minute chart: Then performing our Fibonacci study from the low of the 7th till its high, reveals a key Fibonacci level, in this case the 161.8% extension at 11.1. Price has tested this line a few times over […]
This content is restricted to site members. If you are an existing user, please login. If you would like to apply for membership, please send an email to [email protected]
This content is restricted to Forum and VIP site membersIf you are an existing registered member, please login with your allocated user name and password”.If you would like to […]
Morning technical analysis – 7 April 2014April 7, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking a little more bullish this morning, having found strong support on Friday around 1.3663, the 61.8% retracement of the move from 3 February lows to 13 March highs. The failure the break below this level could be a sign that the correction […]
Litecoin rise over the past few days hasn’t been of much intensity, hitting a high of 12.1. What we’re experiencing right now is a classic exercise. During my last technical analysis on Litecoin on the 3rd of April, I explained how LTC/USD was trading at a massive support zone at the 78.6% Fib level on the Weekly chart, […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereLight Sweet CrudeThe light sweet crude market rose during the session on Friday, testing the $101.50 level. That being the case, it appears that the market is trying to break out to the upside, but this is an area that has plenty of clustering, so […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe gold markets rose during the session on Friday, breaking above the $1300 level. Because of this, we feel the gold is about to start writing higher, but keep in mind that the key word in that sentence is grind. We expect to see a […]
For the first time in quite some time we got yet more dovish words from the ECB and hawkish, no action again. Yet, this time, rather than the euro rallying the lack of action did not price support the euro. This is interesting and possibly meaningful price action.“QE was discussed” was about as dovish as the language got as inflation […]
A successful candidate for the IS Information/Technical Analyst III, IV, or V positions must be able to work independently with customers and technical staff, and also plan and lead projects. The ability and desire to acquire new technology skills is integral to the position as the City learns more about Infor and how best to leverage its capabilities to best […]
After yesterday’s slump, Peercoin appears to have settled, with some consolidation taking place over the past eighteen hours, but we could see further bullish retests of a certain Fib level later today. Let’s take a closer look at the PPC/USD hourly chart below (click to expand): I’ve performed the Fibonacci study from the high of the month (on […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereDaily EUR/USD Technical AnalysisDaily EUR/USDThe EUR/USD is under pressure at the mid-session. The market is in a position to take out the last main bottom at 1.3704. A trade through this level will turn the main trend to down on the daily chart.There are several […]
