Technical analysis on Gold for June 25, 2018

Technical analysis on Gold for June 25, 2018

The Gold price has started the week under pressure retreating from the $1,270 area back towards $1,265. The Gold price remains in a bearish trend. Gold price is expected to bounce at least towards $1,285-$1,295 area once it breaks above $1,273. Magenta lines – bearish channel Green line – long-term support Red line – long-term […]

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Technical analysis: Intraday Level For EUR/USD, June 22, 2018

Technical analysis: Intraday Level For EUR/USD, June 22, 2018

When the European market opens, some Economic Data will be released such as Belgian NBB Business Climate, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI. The US will also release the Economic Data such as Flash Services PMI, and Flash […]

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Bitcoin analysis for 22/06/2018

Bitcoin analysis for 22/06/2018

Schiphol – an international airport serving the capital of the Netherlands, Amsterdam – launches an ATM that will allow travellers to exchange euro for Bitcoin or Ethereum. The airport explains that the machine is located at the departure terminal, because it offers travellers the opportunity to convert the remaining euros into two popular cryptocurrencies just […]

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Bitcoin analysis for 21/06/2018

Bitcoin analysis for 21/06/2018

The Japanese Financial Services Agency (FSA) will issue a notice to improve the operations of the five registered cryptocurrency exchanges by the end of this week. According to FSA inspections, BitFlyer, Quoine, Bitbank, BITPoint Japan, and BtcBox exchanges do not have adequate internal management systems, including anti-money laundering measures. BitFlyer, Quoine, and Bitbank are one […]

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Technical analysis on USD/JPY for June 20, 2018

Technical analysis on USD/JPY for June 20, 2018

The USD/JPY pair has held support at 109.50 and bounced back above the 110 level. USD/JPY has broken the bullish channel and is now back testing the breakdown area of 110.40-110.20. Blue lines – bullish channel The USD/JPY pair bounced off the lower cloud boundary. Price reached the upper cloud boundary which is short-term resistance. […]

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