LTC/BTC Technical Analysis – 28th March 2014 By Ashton Fraser on March 28, 2014 in Trading During my last technical analysis for Litecoin vs Bitcoin on the 26th of March, I mentioned how the 23.6% Fib level could be a struggle for price to go beyond. Indeed, not only was it a struggle, it was outright rejection. On Wednesday […]
Peercoin finally breaks free from the 23.6% shackles imposed upon it, as predicted yesterday, at least for the time being, as very recent technicals give indication to further gravitation around 2.68. Let’s take a closer look at the PPC/USD chart on H4 (click below to expand): I’ve performed the Fibonacci study from the high of last week […]
This morning we saw a classic double top price pattern form on Namecoin. Let’s take a closer look at the NMC/USD H1 chart below (click to expand): The first thing to look out for is the double top pattern here, marked with two red circles. Concerning the far left circle, we can see how the candle a) […]
Morning technical analysis – 25 March 2014March 25, 2014 by Craig Erlam in Technical analysisEURUSDDespite having a good couple of days, I’m not convinced that the retracement in this pair has been completed. The pair rallied since finding support from the 61.8 fib level, 27 February lows to 13 March highs, but at the moment, this is looking more like […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereDaily EUR/USD Technical AnalysisDaily EUR/USDAfter failing to overtake a pair of uptrending Gann angles at 1.3812 and 1.3826, the EUR/USD broke, taking out the 50% level at 1.3804 and triggering a break into the 61.8% level at 1.3766.In addition to the uptrending angles, the market […]
LTC/USD Technical Analysis – 24th March 2014 By Ashton Fraser on March 24, 2014 in Trading Litecoin hits a support level today, just above the 15 level price mark, with a potential retrace still questionable. Let’s take a look at the LTC/USD H4 chart below (click to expand): I’ve performed the Fibonacci study from the high of […]
PPC/USD Technical Analysis – 21st March 2014 By Ashton Fraser on March 21, 2014 in Trading After Peercoin’s sudden drop this morning, indeed a fall of more than 10% in barely a couple of hours (ouch), we’re now seeing some ranging between two important levels. Let’s take a closer look at the PPC/USD M30 chart below: I’ve […]
LTC/USD Technical Analysis – 21st March 2014 By Ashton Fraser on March 21, 2014 in Trading Litecoin had been rising steadily since the 8th of March, reaching a crescendo a couple of days ago. It’s given back all its recent gains, something which was expected, given the technicals we’d analysed over the past couple of days. Let’s take a […]
Morning technical analysis – 21 March 2014March 21, 2014 by Craig Erlam in Technical analysisEURUSDIt’s been a very good couple of days for the US dollar but I must stress, this has been driven almost entirely by the surprisingly more hawkish stance of the Federal Reserve on Wednesday evening, which is dollar bullish. It must be said that this stance […]
Namecoin almost touched 3.000 which I expected, as mentioned in yesterday’s analysis, however we’re now seeing some ranging take place. Let’s take a closer look at the NMC/USD four hour chart below (click to expand): I’ve performed the Fibonacci study from the high on the 9th of March at 3.5, until the month’s low at 3.015 from yesterday. […]
