PLUS1
Currency
Bitmain Antminer L3+ Review and Specs
Nov 22 2019 @ 03:31
Litecoin with a market cap of USD 2.56 billion rocking the fifth rank in the cryptocurrency market. It garners massive popularity from the crypto enthusiasts for its Lightning Network and faster transactions. After 2011, after two years of its launch, Litecoin became exceedingly popular for its faster transaction processing speed and newbie-friendly cryptographic algorithm. This […]
Poloz Strengthens The Canadian Dollar With His Neutral Stance | EUR/CAD, CAD/JPY
Nov 22 2019 @ 02:25
Poloz Strengthens The Canadian Dollar With His Neutral Stance | EUR/CAD, CAD/JPY Failing to back up his colleague, CAD bears closed out after Poloz gave his neutral stance. Given the dovish remarks by BOC’s Deputy Governor Wilkins earlier in the week, all Poloz had to do was vaguely back them and we’d have likely seen a much weaker Canadian dollar. […]
Yen Pairs Test Key Support Whilst ‘Phase One’ Sits On A Knife's Edge
Nov 21 2019 @ 02:14
Yen Pairs Test Key Support Whilst ‘Phase One’ Sits On A Knife’s Edge Whilst the constant stream of hot and cold trade headlines risk trade-tease fatigue among market participants (for which I am guilty as charged…) it’s possible we’re at an inflection point which could impact risk sentiment, one way or another. A phase one […]
Wilkins Lays The Groundwork For BOC To Ease | AUD/CAD, NZD/CAD
Nov 20 2019 @ 02:47
Wilkins Lays The Groundwork For BOC To Ease | AUD/CAD, NZD/CAD BOC’s Senior Deputy Governor Carolyn Wilkins delivered which appears to be laying the groundwork for a potential cut. Whilst she tips her hat to an economy which is “relatively well overall”, she pointed to regional differences and reiterated concerns over the “immense challenges” faced by […]
EURUSD Is Dominated By Bull Market Throughout As The Pair Seeks To Recover
Nov 18 2019 @ 23:54
EURUSD Price Analysis – November 18 The bulls had full control today, moving the market up during the entire European session as the FX pair confirmed its breakout past the high of the prior session after trading up to 1.1068 above during the day. Key Levels Resistance Levels: 1.1501, 1.1412, 1.1278 Support Levels: 1.0989, 1.0879, […]
0X (ZRX) Continues To Disappoint Investors
Nov 18 2019 @ 23:44
Key Resistance levels: $0.30, $0.35, $0.40 Key Support Levels: $0.20, $0.15,$0.10 ZRX/USD Price Long-term Trend: Bearish The ZRX/USD pair is in a downward move after the market retests the $0.30 price level. In October, the coin was in a bullish move and tested the $0.35 resistance level. The bulls tested the $0.35 price level again […]
Weekly COT Report: Dollar Bulls Cautiously Return
Nov 18 2019 @ 02:28
Weekly COT Report: Dollar Bulls Cautiously Return As of Tuesday 12th November: Large speculators increased net-long exposure to USD by $2.1 billion, to $14.3 billion. Traders are their most bearish on JPY in 5-months. Short-exposure to CHF hit a 3-month high. AUD also saw the largest weekly change, with net-short exposure increasing by 14k contracts. […]
The Dollar's Had Its Fun But Now Appears Set For A Pullback | DXY, EUR, JPY
Nov 15 2019 @ 03:27
So far, USD is on track for a positive close in November, a month which has historically been favourable to bulls. Yet nothing moves in a straight line and it appears bears could now have their say. DXY: A bearish outside day has formed and price action appears poised to retest the support zone around 97.86-98.00. […]
Market Brief: Antipodeans Drive FX Volatility Again
Nov 14 2019 @ 03:10
Market Brief: Antipodeans Drive FX Volatility Again FX Brief: It was another volatile session courtesy of the Antipodeans, with Australian employment missing the mark and sending AUD broadly lower. Whilst unemployment rose to 5.3% as expected, it was employment growth contracting for the first time since September 2016 (with fulltime employment also falling) which made its presence […]
Whether It Breaks Or Reverts To This Year’s Trend, 0.8500 Is Key For NZD/CAD
Nov 14 2019 @ 03:08
Whether It Breaks Or Reverts To This Year’s Trend, 0.8500 Is Key For NZD/CAD Just as NZD/CAD tests a key level of resistance, it’s worth considering its potential for a change of trend. Personally, I think the bearish trend on NZD/CAD has been one of the better ones for FX traders this year. Since failing […]
