Bitcoin evolution as the market instrument
Posted by Alex on
July 28, 2018
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Category: Blog
In this article, we want to give you an overview of the Bitcoin evolution as the market instrument. In its brief trading history from 2012, Bitcoin went form a $600 trading range, to for all of the participants, unbelievable almost $19000 trading range! Most of the market participants are not
Weekly Andrews Pitchfork chart $GBPCAD
Posted by Alex on
July 28, 2018
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Category: Blog, FX TRADING GUIDE
In this article, we are drawing Pitchfork channels on GBPCAD. On the weekly GBPCAD chart, we can see that the pair has broken below the uptrend Pitchfork channel boundary 1.7700 level. This break below the channel is an indicator that the medium-term uptrend is over and the pair is reversing
Litecoin bearish flag
Posted by Alex on
July 27, 2018
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Category: Blog
In this article, we want to give you a “heads up” on Litecoin The instrument is inside the consolidation flag, which is by nature after the recent falling trend, bearish. This is providing an opportunity for a downside extension in case of a daily break below the bearish lower line
EM market currency report
Posted by Alex on
July 26, 2018
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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
NZDUSD consolidation is about to end
Posted by Alex on
July 25, 2018
Comments Off on NZDUSD consolidation is about to end
Category: Blog, FX TRADING GUIDE
In this article, we want to give you a “heads up” on NZDUSD. The pair is inside the consolidation triangle from the beginning of the month and the price action is showing the signs of exhaustion which means that we could see a bigger movement in the coming days. The
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