Currency

A weaker USD has allowed NZD to climb from multi-year lows ahead of US-China trade talks tomorrow. Yet with a dominant bearish trend and resistance cluster close by, we’re seeking a rejection at resistance to signal momentum has realigned with the dominant trend. Faraday Research offers real time FX and Equity trade signals from qualified […]

BTCUSD Long-term Trend – Ranging Distribution territories: $8,500, $9,500, $10,500. Accumulation territories: $5,500, $4,500, $3,500.   The cryptocurrency markets have been plagued by a bearish trend and Bitcoin wasn’t an exception. This week, Bitcoin’s price went down towards the accumulation territory of $5,800, against our projected value of $5,500. t has as well been observed...

The following signals have triggered: BUY AUDCHF Entry price: 0.7242 Stop loss: 0.7041 Take profit: None Exit date: September 19, 2018 Additional signals will be announced as they are identified. If you wish to follow these signals then remember: 1. These are long-term signals 2. Entry levels are approximate, but do not “chase the market” […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish, and price went further downwards until it reached the support line at 1.1350. Further drop was rejected around the support level and a rally effort ensued. However, the rally effort was not serious enough to threaten the recent bearish outlook […]

Ethereum Price Medium-term Trend: Ranging     Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH is ranging in the medium-term outlook. The strong bullish pressure was sustained at the 61.8 fib level, then the cryptocurrency saw upward price movement to $304.99 in the supply area. The formation of a bearish hammer […]

BTCUSD Medium-term Trend: Bullish   Resistance levels: $6,500, $6,600, $6,700 Support levels: $6,300, $6,200, $6,100   The BTC price was in a bullish trend yesterday and the price reached the high of $6,484.60 but was resisted by the bears.   On August 9th, the BTC price had attempted to break the resistance level at $6,585.60 […]

Risk appetite has certainly deteriorated over the past week as Turkey clashes with President Trump and battles with the financial markets. It seems we are all emerging markets traders now as CNY and ZAR also get hit and trade near significant resistance levels, where the issues potentially become a wider test of global risk sentiment. Of […]

The bearish trend on GBP/CHF goes from strength to strength but, with multiple signs of over-extension and 8 sessions without a daily close higher, the risk of a bounce is increasing. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

EUR/USD has broken down to fresh yearly lows amidst concerns about exposure to Turkey – will bears look to target 1.12 next? Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

BTCUSD Medium-term Trend: Ranging Resistance levels: $6,400, $6,500, $6,600 Support levels: $6,400, $6,300, $6,200   Yesterday, August 9th, the BTCUSD pair was in a bearish trend. Yesterday, the price was approaching the $6,000 price and it was assumed that the bulls would defend the support level at $6,000. This was based on the fact that […]