Category: Cryptocurrencies

BTCUSD found support at the 36,232 level after the negative movement that started after the pullback off the descending trend line. The RSI indicator is heading upwards in the negative region, suggesting a potential upside Read more…

Ukrainian crisis moves to the next stage of sanctions Markets woke up to another Ukrainian drama on Tuesday as Europe, the UK and the US came to threaten the first barrage of sanctions against Russia Read more…

Volatile trading is expected as the US returns from a long weekend and Russia orders troops into parts of Ukraine. US futures Dow futures +1.3% at 33986 S&P futures +1.8% at 4338 Nasdaq futures +1.72% Read more…

Daily Pivots: (S1) 114.61; (P) 114.87; (R1) 115.01; More… Intraday bias in USD/JPY is turned neutral as it recovered after dipping to 114.49. On the downside, break of 114.49 will resume the decline from 116.33, Read more…

Daily Pivots: (S1) 0.9132; (P) 0.9176; (R1) 0.9203; More…. Intraday bias in USD/CHF is turned neutral as it recovered after hitting 0.9149. Overall outlook is unchanged that choppy sideway trading could continue. Choppy rise from Read more…

Daily Pivots: (S1) 1.3579; (P) 1.3609; (R1) 1.3632; More… No change in GBP/USD’s outlook and intraday bias remains neutral for the moment. On the upside, break of 1.3642 will resume the rebound from 1.3356 to Read more…

Daily Pivots: (S1) 1.1282; (P) 1.1336; (R1) 1.1364; More… EUR/USD recovers notably after initial dip today, but stays well inside range of 1.1265/1482. Intraday bias remains neutral and outlook is unchanged. On the upside, firm Read more…

The markets are surprisingly calm despite some initial volatility on escalation in Russia Ukraine situation. News of sanctions on Russia are staying to flow out, with the UK sanctioning five Russians banks and three individuals. Read more…