Bitcoin Technical AnalysisBy Forexminute – Yes Option | Bitcoin | Aug 4, 2014 8:34AM BSTAfter an early morning fall BTC/USD finally got some respite in today’s trading session as it recovered from Intraday low of $578.21. The cryptocurrency has strong support at $577.66 whereas resistance can be found at $605.86. BTC/USD is currently consolidating in a very narrow trading range […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe AUD/USD rebounded on Friday after U.S. Non-Farm Payrolls data tempered prospects of an interest-rate increase by the Federal Reserve coming sooner than later.On August 1, the U.S. Labor Department released its jobs report. The report showed the economy added 209,000 jobs which was less than […]
Litecoin Technical Analysis (LTC/USD): Litecoin whipsaws, then finds equilibrium, volume low
By Leon Pick on August 3, 2014 in Trading
After some of Litecoin’s (LTC) wildest trading in recent memory, it appears to be content with $7.50- roughly the level it started out at before the recent mayhem.
On Thursday, LTC dropped sharply to as low as $6.97, only to roar back by […]
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 posting an inside day at the mid-session. Downside momentum has slowed considerably since yesterday’s sell-off into a new low for the year. The sideways price action may be indicative of position squaring ahead of tomorrow’s U.S. Non-Farm Payrolls report.The […]
Gold fell to a new low on the month this week, currently around 1288. The 4H chart shows a market that is trading in an ABC pattern. With a C=A projection, the current swing targets the 1270-1275 area.Gold 4H Chart 7/25(click to enlarge)As we get into the 7/25, Friday session, expect some pullback. Price is trading near a projected support, and […]
Bitcoin Technical Analysis 24th JulyBy Forexminute – Yes Option | Bitcoin | Jul 24, 2014 12:35PM BST Daily chart for BTC/USDAs can be seen on the daily charts, BTC/USD fell below the important support zone of $611, but is currently seen taking support at the monthly pivot level of $609. In yesterday’s trading session, BTC/USD was unable to sustain at […]
Trade GBP on Rising Channel Bounce – July 24, 2014By Forexminute – Samuel Rae | Technical Analysis Reports | Jul 24, 2014 5:22AM BSTGBP/AUD has been in a steady uptrend, as indicated by the ascending trend channel on its 4-hour forex time frame. Price to trade GBP is moving close to the bottom of the channel, which lines up with […]
Bitcoin Technical Analysis 22nd JulyBy Forexminute – Yes Option | Bitcoin | Jul 22, 2014 4:00PM BSTA close look at daily charts of BTC/USD shows that the digital currency is trading in a very narrow range on back of low volumes but has taken strong support at $609 which is also the monthly pivot level for the digital currency. Aggressive […]
Bitcoin Technical Analysis 21st JulyBy Forexminute – Yes Option | Bitcoin | Jul 21, 2014 10:07AM BSTDespite recent range bound trading in the digital currency, BTC/USD has been in a strong uptrend ever since it made a low of $340 after Mt. Gox filed for bankruptcy. Taking a long-term chart overview, BTC/USD has been in a very strong uptrend and […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereOnce again, buyers came in to support the AUD/USD on weakness, leading to a slightly higher finish for the week. For the second straight week, short-sellers were forced to cover after failing to confirm the potentially bearish closing price reversal top from the week-ending July 4. […]
