In this article, we are drawing Pitchfork channels on USDZAR. On the weekly USDZAR chart, we can see that the pair is in a upside Pitchfork channel. The pair is approaching the 14.5600 level, which is also 50% of the first channel half. This will be the key test for
EM market currency report snapshot
Category: Blog
In this article, we will take a look at the Emerging Market Currencies. Lately, we have a strong USD strengthening against these currencies which could be a worrying sign of their incoming weakness or a trade war. No matter the reason is, we could see a new crisis looming in
In this article, we want to give you a “heads up” on USDCAD. The pair is bouncing off the strong uptrend support confluence 1.2900-1.2950 zone. The pair formed a continuation wedge and is bouncing from its rising line. This rising line is also a retest of the broken long-term falling
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Cryptocurrency overview
Category: Blog
Cryptocurrencies trading overview – Ethereum, Bitcoin, Litecoin, Ripple, EOS Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is testing a strong long-term downside resistance 400-410 zone. A break below this zone could lead to an extreme downside continuation. Invalidation of the
