Currency

Note: This article shows why the use of stop loss is 100% mandatory, despite what suicide traders (who call themselves professionals) may say. This article comes from someone with over 60 years of experience in various financial markets. Would you ever think of jumping out of an airplane without a parachute? Of course not, but […]

BTCUSD Medium-term Trend: Bearish   Resistance Levels: $6,600, $6,700, $6,800 Support Levels: $6,400, $6,300, $6,200   Yesterday, June 13, price of Bitcoin fell to as low as $6,252.61. Today, the asset is making a bullish movement to the high of $6,488.55. On the whole, the overall trend is bearish. In order to determine the continuity […]

Since teasing markets with a break above the infamous 1.20 level, EURCHF opted to plunge over 5% from the highs with some sort of vengeance. But now prices have stabilised below a cluster of resistance, we’re closely watching the cross for a potential short. We can see on the daily chart how bearish momentum increased as […]

Price action is creeping up the inside of a broken trendline and remains below a cluster of resistance. If bearish momentum is to return soon, a bearish flag could unfold to target the April lows. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

ETHUSD Long-term Trend – Bearish   Distribution territories: $800.00, $900.00, $1,000.00. Accumulation territories: $500.00, $400.00, $300.00.   A bearish outlook is still noticeable on the chart of ETHUSD. The pair has been suffering from selling pressure against the dollar over the past few weeks. The bears have been overwhelming the bulls, which allowed them to […]

Daily analysis of USD/CHF for June 11, 2018 USD/CHF This is a weak market, for the USD/CHF has been caught in a slow and gradual bearish movement since May 10 (over 230 pips). It is possible that the market would continue going further downwards (albeit slowly), especially when EURUSD gains a lot of stamina. This […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the long-term, and bullish in a very short-term. Since May 30, price has been making a measure of bullish attempt (save the correction that was witnessed on Friday). A movement above the resistance lines at 1.1850, 1.1900 and 1.1950 […]

The bounce in AUD/USD is nearing some critical technical levels ahead of a big week for financial markets. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

ETH/USD Medium-term Trend:Bullish   Resistance: $650, $700, $750 Support: $550, $500, $450 Yesterday, June 6, price of Ethereum was in a bullish trend. In the previous day, the price of Ethereum was in a bearish trend at a price of $604.36. It was assumed that if the asset falls, it might fall to the lows […]

After 3-months of coiling the S&P500 has regained its focus on the all-time highs following the return of bullish momentum. Near the end of April, we highlighted the importance of a large coiling pattern on the S&P500 and the impact a breakout could have on global sentiment. The logic was simple; a notable breakout in either direction […]