Currency

Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below $36k. […]

Many Ripple (XRP) enthusiasts are familiar with the monthly XRP escrow release. The XRP escrow got designed to integrate predictability and stability to XRP. Meanwhile, a part of this monthly supply gets directed to former Ripple executive Jed McCaleb. However, instead of holding his newly-minted coins, McCaleb eagerly dumps his holdings into the market. Recent data shows […]

Key Highlights Ethereum reaches $1,863 low and pulled back The biggest altcoin has resumed an uptrend Ethereum ETH) Current Statistics The current price: $1,944.26 Market Capitalization:$226,595,023,679 Trading Volume: $17,616,407,906 Major supply zones: $2,800, $3,000, $3,200 Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 14, 2021 Today, Ethereum reached the low...

XAGUSD Price Analysis – July 10 The Silver (XAG) sellers were unable to keep their price below the $25.00 level and began a new surge versus the US Dollar. The XAGUSD pair has moved into a positive zone after breaking through the mid $26.00 level. Silver is holding up while the dollar fell on Friday as risk […]

There’s no running away from the fact, forex exchange is the largest financial marketplace in the world. It is a platform where the world’s currencies are bought and sold. With just a few resources, forex trading has cemented quite a strong reputation in the minds of the investors out there. In other words, forex trading […]

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: Bearish USD/CAD has resumed a partial upward move after reaching the low of 1.2300. Presently, the currency pair is trading in the overbought region of the market. The pair is trading at level 1.2406 at the time of writing. Meanwhile, on […]

EURJPY Price Analysis – July 1 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key Levels Resistance Levels: 133.50, 133.00, 132.50 Support Levels: 13200, 131.50, 131.00 EURJPY Long term Trend: […]

In the world of foreign exchange trading, the term Forex trading platform refers to a group of computer programs developed to meet specific requirements for order placement and execution. In finance, an online trading platform also called an electronic trading platform, is an application that is used to place orders for various financial products such […]

Forex trading has been perhaps the predecessor of the retail trading boom we have been seeing lately, as many brokerage firms around the world relied on technology to offer access to this huge market while slashing trading costs, facilitating account opening procedures, and expanding the range of instruments offered by introducing innovative products such as […]

Standard Chartered Plc stock (LSE:STAN) has been quite choppy and trendless for most part of this year. However, it can be seen that the movement propensity is to the upside, upon a closer look. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for […]