The USDJPY still holding above the support area
The 109.20-223 area continues to hold support in up and down session The USDJPY is still holding above the support area at the 109.20 to 109.223 area in what has… Read more »
Tag: area
Remains depressed and could visit the 97.00 area
DXY broke below the 200-day SMA and accelerated the downside. The 97.00 area now emerges on the horizon. The index remains under heavy downside pressure so far this week. The… Read more »
ECB reportedly faces pushback from euro area finance ministers over NIRP
Bloomberg reports, citing people with knowledge of the matter The report says that the ECB is facing increasing pushback against their negative interest rate policy in private engagements with the… Read more »
The 1.10 area keeps holding the downside
EUR/USD remains depressed near the 1.10 mark for yet another day. A breach of 1.10 should put 1.0930 back on the radar. EUR/USD remains in the area of 2-week lows… Read more »
EURUSD up but trading around a swing area
1.1054-63 is eyed for a break one way or the other The EURUSD is higher in trading today, and in the process moved above the 200 bar moving average on the 4 hour… Read more »
EU Commission forecasts underscore Euro area drag
Looking ahead with the European Commission Eurozone inflation 1.2% this year and next . 1.3% in 2021 Eurozone growth 1.1% this year (previous 1.2%), 1,2% in 2020 (from 1.4% previous) … Read more »
Economists cut euro area inflation and economic outlook
ECB releases the results of its latest survey of professional forecasters 2019 inflation seen at 1.2% (previously 1.3%) 2020 inflation seen at 1.2% (previously 1.4%) 2021 inflation seen at 1.4%… Read more »
If you like Bitcoin, this is the area to buy
The 200 day MA was broken but momentum stalled If you like bitcoin (using Coinbase), this is an area to buy. The price on the daily chart above fell below… Read more »
Bitcoin Bulls Continue: Can Bitcoin Break Above the Crucial Resistance Area? BTC Price Analysis
Over the past four days and since producing the Doji candle on the 4-hour chart, Bitcoin’s price has set a beautiful series of higher lows. As mentioned in our previous… Read more »
Bitcoin Price Showing Bullish Signs of a Break-Up Back To The $10,000 Area? BTC Analysis
Following our previous analysis and over the past week, we can see that there was not much price action around Bitcoin. The coin is still hovering between the range of… Read more »