BTC/USD Bitcoin Has broken short-term resistance trend line and is challenging the 11700 resistance that was once support. A break above it could push price back towards 13500$. Price structure still seen as corrective. Target of 8500$ remains. XRP/USD Ripple
January 28, 2018
According to the latest Commitment of Traders (COT) report, large speculators continue to expect a weaker dollar, favoring commodities and the commodity currencies. Equity markets, meanwhile continue to climb to fresh all-time highs amid record overbought conditions. Elsewhere, Japanese yen
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly. 1. TARIFF ON
On Monday, Congress passed a three-week spending bill to end the government shutdown that kicked off late last week. Immigration debate was a central topic between Democrats and Republicans, and the next three weeks will likely see continued debate on
Global equity markets roared this week and even accelerated to new all-time highs on the close. Growth Stocks and Big Caps continued their tear, up over +2% for the week. However, some global equities did even better than the US,
Gold prices are very close to their strong resistance level at $1,350 – $1,380 per ounce. source: Stockcharts.com A thesis on a final breakout is supported by the physical demand. For example, the IAU ETF has added a large
GBP/USD extended its upside movement from 1.3027 to as high as 1.4345. A further rise is still possible after a minor consolidation and the next target would be at the 1.4500 area. Near term support is at 1.4000, only a
There are over three million stock indices in the world, more than 70 times as many as actual stocks. Before learning this startling fact in the FT the other day, I might have guessed wildly at 1% of this figure, thinking it
The US Dollar has fallen for seven weeks straight, its worst showing in over a decade. Can the Fed rate decision and US jobs data improve its fortunes? US Dollar Forecast: US Dollar to Focus on External News Flow, Look Past
Following the biggest cybertheft in history – $534 million from Japan’s Coincheck – cryptocurrencies are soaring back higher after the exchange confirmed that it will issue full refunds to all of the 260,000 of its users who have become victims of
