View Bitcoin hit a fresh 10-month high of $8,335 on Bitstamp earlier today and is currently reporting its largest monthly gain since November 2017. A bearish divergence of the hourly… Read more »
Nomura on the RBA (rate cuts in August & November) and AUD (likely lower) Coming Up! Title text for next article Analysis… Read more »
Facebook building a cryptocurrency based payment system Bitcoin on Coinbase is trading up $351.93 at $5759. The high for the day reached $5796.93. That is the highest level since November… Read more »
Ethereum has seen a 7.5% price increase over the past 24 hours of trading, bringing the current price for the coin up to around $181.50. The cryptocurrency has now started… Read more »
WTI is nearing the 61.8% retracement Oil retested the 200-day moving average today and it held. Crude has overcome a surprisingly large US inventory build this week to rise more… Read more »
Brent rises to $70 Brent hit $69.96 yesterday but finally got over the hump today. WTI is also creeping towards yesterday’s high of $63.00 as it reversed an earlier loss…. Read more »
Dow Jones Talking Points: – The Dow Jones Industrial Average has started Q2 with continuation of Q1 strength, breaking above a bull pennant formation while rallying up for a test… Read more »
It’s a big level for a couple reasons It’s not just the psychological level but the 50% retracement of the Q4 decline is at $59.63. If crude can close the… Read more »
Ugly reversal What started out as a rally in US stock markets has turned into an ugly selloff. The S&P 500 is down 22 points to 2781 after initially rising… Read more »
WTI reverses Oil is painting an outside bearish day on the chart to start a new month. WTI touched $57.88 in a rally to a fresh high since November but… Read more »