Crypto Industry News: Apple is not going to follow Facebook in creating its own digital currency, said company president Tim Cook in an interview with the press. He negatively expressed the idea that Apple could issue its own currency tokens. “I really think that the currency should remain in the hands of the state. I […]

In Asia, Japan will release the Leading Indicators and the US will publish some economic data such as Consumer Credit m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY’S TECHNICAL LEVELS: Resistance. 3: 107.32. Resistance. 2: 107.11. Resistance. 1: 106.90. Support. 1: 106.64. Support. […]

Technical outlook: EURUSD is seen to be consolidating in a narrow range since last Friday. The range could be defined between 1.0950 and 1.1000 within a triangle structure. A break above the 1.1000 mark should see hitting next in line resistance at 1.1025 and above. Alternately, any drop below 1.0950 is expected to be corrective […]

Technical Market Overview: The GBP/USD pair is still bouncing from the ascending trendline dynamic support on the H4 timeframe chart, but so far the bulls are not using this technical support opportunity fully. The market has made a local top at the level of 1.2411, but the Shooting Star was made as well at this […]

Technical Market Overview: The GBP/USD pair has broken through the short-term trendline resistance around the level of 1.2308 and made a local high at the level of 1.2411. Nevertheless, at the end of the move up, there is a Shooting Star candlestick pattern, which is a trend reversal signal. The next target for bulls is […]

Crypto Industry News: Mark Branson, head of the Swiss financial regulator FINMA, said he was more worried about the dark corners of cryptocurrency than Facebook’s stablecoin Libra. Reuters reported that Bronson is more distrustful of cryptographic projects that are developing outside official control than the Libra project, which he believes is “transparent.” “I’m more worried […]

Technical Market Overview: The EUR/USD pair is currently testing the upper channel boundary around the level of 1.0977 in overbought market conditions. The bulls still have a chance for a move towards the level of 1.1024 and higher towards the level of 1.1075, but they need to break out of the descending channel. The momentum […]

Crypto Industry News: An interesting phenomenon has emerged over the past few months: Ethereum blockchain began to gain popularity, even when the ETH price dropped. At the same time, volume as well as overall network activity have improved considerably. In addition, transaction fees at Ethereum recorded a decrease of about 50% compared to the maximum […]

echnical Market Overview: The GBP/USD pair has tried to rally again after another Bullish Engulfing pattern was made, but failed to break through the technical resistance located at the level of 1.2308 and dynamic trendline resistance around this area. The bears are still in control over this market, despite the bullish struggling to bounce higher […]