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Bitcoin looks to breakout
Bitcoin looks to breakout
Bitcoin looks to breakout Bitcoin has been relatively stable over the last 2 trading sessions after another sharp plunge 3 days ago before support kicked in to keep the price above $9000 and now some analysts are beginning to wonder just how long this support can last. For around 8 months, the world...
6
History may dictate direction of Bitcoin
History may dictate direction of Bitcoin
History may dictate direction of Bitcoin The price of Bitcoin made another run for the $10,000 dollar mark in yesterday’s trading session after the US Federal Reserve decided to keep rates on hold, which was followed up by a rather dovish monetary statement where the Fed noted that interest rates ma...
8
Bitcoin retreat seen as temporary
Bitcoin retreat seen as temporary
Bitcoin retreat seen as temporary The price of Bitcoin has now been relatively stable over the last 2 trading sessions after roaring past the $10,000 dollar mark last Thursday only to follow up on Friday with a sharp correction below $9,000 but many analysts believe that the bull market is still int...
9
Is the gold price being manipulated?
Is the gold price being manipulated?
Is the gold price being manipulated? The lack of volatility or growth in the gold price recently has left many in the market scratching their heads as to why the precious metal hasn’t rallied considering the current coronavirus epidemic which has caused significant damage to the world economy which ...
15
Bitcoin fails to break $10,000 mark
Bitcoin fails to break $10,000 mark
Bitcoin fails to break $10,000 mark Bitcoin is under further pressure in today’s trading session after once again facing a strong resistance level as it approached the $10,000 mark and it seems as is the world’s favorite cryptocurrency is going to need something special to break through this critica...
8
Bitcoin needs to break $10,000 mark
Bitcoin needs to break $10,000 mark
Bitcoin needs to break $10,000 mark Bitcoin’s latest run towards the $10,000 mark will be watched closely by the market to see it it is finally able to break this key resistance level, something it has been unable to do for some time. The most recent attempt saw the world’s favorite cryptocurrency ...
12
Huge prediction for Bitcoin
Huge prediction for Bitcoin
Huge prediction for Bitcoin Bitcoin has continued on its mega rally in today’s trading session, comfortably passing through the $9000 mark which continues the remarkable recovery of the worlds favourite cryptocurrency which started in Mid-March as the effects of the coronavirus began to strangle th...
20
Bitcoin halving may see price hit $10,000
Bitcoin halving may see price hit $10,000
Bitcoin halving may see price hit $10,000 The price of Bitcoin has continued its pre halving rally by jumping more than $600 in today’s trading session which pushes it well above the $8000 mark and back above the levels that it held in the days before the coronavirus caused all financial markets to...
31
Bitcoin breaks through $7000
Bitcoin breaks through $7000
Bitcoin breaks through $7000 The price of bitcoin has continued to rally in today’s trading session, following on from yesterday’s solid break above the $7000 level on the back of improving sediment in world stockmarkets after several report released showing the lockdown being enforced in most coun...
10
Bitcoin once again a safe haven
Bitcoin once again a safe haven
Bitcoin once again a safe haven Bitcoin has remained well supported in today’s trading session after the latest job figures from the US painted a grim picture of the US employment market and the economy as a whole which saw investors flock to assets such as gold and bitcoin as safe haven assets. Th...
22
Is Bitcoin rally a dead bounce?
Is Bitcoin rally a dead bounce?
Is Bitcoin rally a dead bounce? Bitcoin has continued to surge in today’s trading session after jumping more than 20 percent yesterday as traders jump on the bandwagon, afraid of missing out on a rally which may continue over the coming days. The world’s favourite crypto currency has once again sho...
9
Bitcoin surges after backing from US government
Bitcoin surges after backing from US government It seems the US government is finally starting to take Bitcoin seriously after remarks yesterday from US Federal Reserve President Jerome Powell the sent the world’s most famous cryptocurrency surging back passed the $10,000 mark as it had done just a ...
6
Is Bitcoin a threat to Gold?
Is Bitcoin a threat to Gold? Bitcoin has had its best run for the month of January since 2013 as investors seek out the cryptocurrency as a safe-haven following the outbreak of the coronavirus from in China that is going deadlier by the day.  The world’s most popular cryptocurrency was up over 29% i...
5
Is Bitcoin the new gold?
Is Bitcoin the new gold? The Price of Bitcoin has surged around 20 percent so far this year and according to soe analysts the gains are not over as the world’s most popular crypto currency takes on it’s new role as a safehaven asset. Gold has long been the go-to investment for investors who want to ...
15
2020 a good year for bitcoin
2020 a good year for bitcoin The volatility in Bitcoin is set to drop next year as the world’s most famous cryptocurrency becomes more mainstream which may see the price move towards $12;000. The volatility in bitcoin is what scares a lot of investors off, and especially the institutional one’s who ...
32
Bitcoin looking for a bottom
Bitcoin looking for a bottom Bitcoin has made somewhat of a recovery over the last 2 trading sessions after falling to a six month low which now has the market wondering again, is bitcoin an investment that can be trusted. It seems as if the latest sell off was caused by comments out of China with r...
25
Bitcoin set to rebound
Bitcoin set to rebound After plunging by nearly 15 percent recently, bitcoin seems to have found a floor and has rallied more than 5 percent in the last 4 trading sessions andand some say this may be a good time to get in for the inevitable return of the recent bull run. From a technical level, ther...
11
Bitcoin tumbles on planned further trade talks
Bitcoin tumbles on planned further trade talks Bitcoin has now lost more than 20 percent of its value over the last 5 trading sessions, trading today back below the $10,000 mark and one analyst believes the developments in the trade negotiations between China and the US may a major reason behind the...
9
Daily analytical report (29/05/18)
GBPJPY has been on our radar for a while now. We were expecting the price to drop and that is exactly what is happening. This provides us with a very nice technical setup. The price has broken all major supports and is currently in freefall mode; on its way back to the long-term downtrend. Potentia....
13
Wall Street rises at open as U.S.-China trade talks progress (news: 22/05/18)
Today's pressWall Street rises at open as U.S.-China trade talks progress (Reuters) - Wall Street opened higher for the second straight day on Tuesday, boosted by gains in tech stocks as trade talks between the United States and China gained momentum.Bank of England rate comments lift sterling to o....
7
Daily analytical report (04/05/18)
We start with the EURUSD, which is in a legitimate downtrend. The price is making lower lows and highs and is trading below a very clean downwards trend line. Most recently, the price has created a pennant and is currently trying to break its lower line. Better data should definitely help here. Nex....
9
North and South Korean leaders promise 'lasting peace' for peninsula (news: 27/04/18)
Today's pressNorth and South Korean leaders promise 'lasting peace' for peninsula The leaders of North and South Korea have promised after a landmark summit to bring “lasting peace” to the peninsula with a commitment to denuclearisation and to ending decades of hostilities.U.S. economy slows in fir....
2
Confident Draghi lifts euro to day's highs; yields dip (news: 26/04/18)
Today's pressConfident Draghi lifts euro to day's highs; yields dip LONDON (Reuters) - The euro held at the day’s highs on Thursday after ECB President Mario Draghi presented a relatively confident outlook for the euro zone economy, contrary to some expectations that he would take a more cautious s....
5
Treasury 10-Year Yield Tops 3% for First Time Since January 2014 (news: 24/04/18)
Today's pressTreasury 10-Year Yield Tops 3% for First Time Since January 2014 The 10-year U.S. Treasury yield rose above 3 percent for the first time since January 2014, snapping out of a months-long trading range amid an onslaught of supply and a Federal Reserve intent on boosting interest rates.U....
2
Pound sterling falls to five week low against US dollar as GDP and Brexit pressures increase (news: 23/04/18)
Today's pressPound sterling falls to five week low against US dollar as GDP and Brexit pressures increase The pound fell to a five-week low against the dollar on Monday morning, continuing the downward momentum seen last week off the back of worse than expected economic data.With test freeze, North....
2
Sterling extends slide after Carney punctures BoE rate hike bets (news: 20/04/18)
Today's pressSterling extends slide after Carney punctures BoE rate hike bets LONDON (Reuters) - Sterling extended its drop to a two-week low against the dollar on Friday after Bank of England Governor Mark Carney signalled that the central bank may not rush to raise interest rates in May because e....
1
North Korea seeks 'complete denuclearisation', says Moon, as U.S. vows continued pressure (news: 19/04/18)
Today's pressNorth Korea seeks 'complete denuclearisation', says Moon, as U.S. vows continued pressure SEOUL/GENEVA (Reuters) - North Korea has expressed its commitment to “complete denuclearisation” of the Korean peninsula and is not seeking conditions, South Korean President Moon Jae-in said on T....
0
Fed's Kaplan sees solid 2018 U.S. growth, warns on long-term outlook (news: 16/04/18)
Today's pressFed's Kaplan sees solid 2018 U.S. growth, warns on long-term outlook (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Monday forecast falling unemployment, rising wages, and solid economic growth this year and next, but warned that without structural reforms, future g....
2
Bitcoin Breakout: Price Jumps $1K in 60 Minutes (news: 12/04/18)
Today's pressBitcoin Breakout: Price Jumps $1K in 60 Minutes Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range.China says it will fight back if U.S. escalates trade spat BEIJING (Reuters) - China’s commerce....
2
Financials lead Wall St. lower amid rising U.S.-Russia tensions (news: 11/04/18)
Today's pressFinancials lead Wall St. lower amid rising U.S.-Russia tensions (Reuters) - Wall Street fell on Wednesday, led by losses in financial stocks, on brewing tensions between the United States and Russia over a possible U.S. military action against Syria.Xi strikes conciliatory tone on trad....
0
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