Рубрика: Analysis and Reviews

Forex Analysis and Reviews

BITCOIN Analysis for February 16, 2018

Bitcoin has been quite indecisive today after recent impulsive bullish gains since it bounced off the $6,000 support area. The price managed to break above $10,000 price area but could not sustain the bullish momentum which led to uncertainty along the way. Recently, due to ease in Chinese regulation for the Bitcoin, the price has […]

Global macro overview for 16/02/2018

The UK Retail Sales With Auto Fuel released this morning has been worse than market expectations. The global investors expected an increase of 0.5% after a -1.4% drop last month, but the numbers revealed were at the level of 0.1% only. Moreover, on a yearly basis, the figures increased only from 1.5% to 1.6%, while […]

Bitcoin analysis for February 16, 2018

Bitcoin (BTC) has been trading sideways at the price of $9.700. Japan’s two cryptocurrency associations have reportedly decided to merge in order to restore trust in the industry and accelerate self-imposed rules. Once approved by the Japanese financial regulator, the new organization will have the power to set penalties for breaches of self-regulation. The technical […]

USD/JPY analysis for February 16, 2018

Recently, the USD/JPY has been trading downwards. The price tested the level of 105.54. Anyway, accorrding to the 30M time – frarme, I found fake breakout of yesterday’s low at the price of 106.01, which is signt that selling looks risky. I also found a hidden bullish divergence on the moving aveage oscillator, which is […]