Articles by admin

A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into…

Read More

NANOBTC Fan Idea on the Daily NANO / Bitcoin BINANCE:NANOBTC g0x3g3n A rough idea using the Fan Principle on the Daily NANOBTC             market. The downtrend since 04 May has followed the first fan line down quite well, I would expect a move back up to test the second fan…

Read More

NZD/USD has been bullish recently after bouncing off the 0.6850 support area which is expected to be retested soon in the coming days. Despite having mixed economic reports, NZD gained good momentum over USD which is currently expected to be engulfed by USD in the coming days. Recently, the NZD…

Read More

Overview: The GBP/USD pair is showing signs of strength following a breakout of the highest level of 1.3370. On the H1 chart, the level of 1.3370 coincides with 61.8% of Fibonacci, which is expected to act as minor support today. Since the trend is above the 61.8% Fibonacci level, the…

Read More

The DAX index has recorded sharp losses in the Friday session. Currently, the DAX is at 12,707, down 0.82% on the day. Earlier in the day, the DAX had declined more than 1.0 percent. On the release front, German numbers missed expectations. German Industrial Production declined 1.0%, well off the estimate…

Read More

AUD/USD has been quite impulsive in the bearish bias recently which nearly engulfed the previous bullish pressure after bouncing off the 0.7500-50 area. AUD has been quite positive amid the recent economic reports, including Retail Sales, but it could not keep the momentum throughout the week. Recently, AIG Construction Index…

Read More

Overview The USD/JPY pair could not manage to hold above 110.04 level for long. The price fell under negative pressure that pushes the price below the mentioned level. We notice that stochastic is showing positive signals that might enable the price to rise again. Therefore, we prefer to stay aside…

Read More