After a few days of consolidation, Peercoin looks to be on its way up – although some further confirmation shall be required before we can ascertain such bulls with a valid threshold of confidence. Let’s take a closer look at the latest PPC/USD Daily chart below (click to expand): I’ve performed the Fibonacci study from the high of […]
Litecoin adheres to both the technicals on the four hour and the daily timeframe, as I discussed yesterday. It was a bit of a juggling act, but this is why it’s important to ignore different timeframes. During yesterday’s technical analysis on LTC/USD, I posted the following chart: Where I mentioned, “Conversely, we have some potentially bullish technicals […]
Over the past twenty four hours Namecoin has been struggling to move beyond a certain resistance zone, and I can’t see it succeeding any time soon. Let’s take a closer look at the latest NMC/USD H4 chart below: I’ve performed the Fibonacci study from the high of the month on the 1st, until the low of the month […]
After reaching a week high of 11.4, Litecoin continues its bearish retraces from yesterday’s initiation. In my last LTC/USD technical analysis, I posted the following chart (click to expand): Where I explained, “Look at the candle marked in white; a number of factors combined here: a) The upper wick was the same length as it’s body, b) The […]
NMC/BTC Technical Analysis – 1st May 2014 By Ashton Fraser on May 1, 2014 in Trading After a number of consecutive bear days, Namecoin vs Bitcoin manages to attain some reprieve, with the bulls allowing it to retrace a fair few pips. During my last technical analysis on NMC/BTC, I contemplated, “So the key question is, is this southern […]
Daily technical analysis – 30 April 2014April 30, 2014 by Craig Erlam in Technical analysisEURUSDWe’ve seen a really strong rally in the pair in the last couple of hours following a negative start to the day. The sell-off saw the 50 fib level – 4 April lows to 11 April highs – once again provide solid support for the pair. […]
Despite a fall below 2 on Peercoin yesterday, we do now have some decent support which looks to have stopped the sell off in its tracks, yet – will it be able to hold? Let’s take a closer look at the latest PPC/USD Daily chart below: I’ve performed the Fibonacci study from the low at 1.536 on […]
Ever since the highs that Litecoin experienced at 14.23, exactly two weeks ago, price has been falling down consistently, barely offering glimmers of hope to speculators and investors. The weekend was a similar story, with price deliberating for some time, before dropping once again. Let’s take a closer look at the latest LTC/USD H4 chart below (click to expand): […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe AUD/USD posted an inside day on Friday, indicating trader indecision. This also typically indicates impending volatility. The Forex pair begins the session 11 days down from the April 10 top which puts it in the window of time for a closing price reversal bottom, […]
Morning technical analysis – 25 April 2014April 25, 2014 by Craig Erlam in Featured, Technical analysisEURUSDThe euro is creeping higher again this morning but the picture hasn’t really changed here. The pair is still range bound, with support being found around 1.3788, from the 50 fib level – 4 April lows to 11 April highs – and resistance around 1.3850. […]
