Currency

USD/CHF Hesitates Below Parity (A Level Undefeated Since May) USD/CHF is approaching parity, a level which is clearly on the radar for market participants. Despite several failed attempts, USD/CHF has not closed above parity since May 2019. We could quibble over the fact that it opened above 1.0000 by a whisker on the 19th of June, yet […]

When we talk about cryptocurrency and Blockchain technology, we should be witnessing an infectious adoption on a global scale. These technologies can further enhance self-governance, thereby improving the security in the world. The obvious ensuing step that should be taken is a mainstream adoption of this technology. There are a good number of reasons why […]

The EURUSD slid firmly lower as last trading week was about to end, as the combination of a robust US Manufacturing Markit PMIs, and a better than expected Michigan consumer sentiment index send the Dollar higher. Dollar buyers have now dominion over the EURUSD pair, and the downtrend in the pair will remain intact as […]

As more and more people are becoming increasingly interested in trading cryptocurrencies, and with the existence of numerous thriving cryptocurrency exchanges, it is necessary to assist these newcomers in selecting a suitable cryptocurrency exchange. This is the aim of this article. This article is an insightful guide, covering analysis of the top Bitcoin cryptocurrency exchanges […]

Litecoin with a market cap of USD 2.56 billion rocking the fifth rank in the cryptocurrency market. It garners massive popularity from the crypto enthusiasts for its Lightning Network and faster transactions. After 2011, after two years of its launch, Litecoin became exceedingly popular for its faster transaction processing speed and newbie-friendly cryptographic algorithm. This […]

Poloz Strengthens The Canadian Dollar With His Neutral Stance | EUR/CAD, CAD/JPY Failing to back up his colleague, CAD bears closed out after Poloz gave his neutral stance. Given the dovish remarks by BOC’s Deputy Governor Wilkins earlier in the week, all Poloz had to do was vaguely back them and we’d have likely seen a much weaker Canadian dollar. […]

Yen Pairs Test Key Support Whilst ‘Phase One’ Sits On A Knife’s Edge Whilst the constant stream of hot and cold trade headlines risk trade-tease fatigue among market participants (for which I am guilty as charged…) it’s possible we’re at an inflection point which could impact risk sentiment, one way or another. A phase one […]

Wilkins Lays The Groundwork For BOC To Ease | AUD/CAD, NZD/CAD BOC’s Senior Deputy Governor Carolyn Wilkins delivered which appears to be laying the groundwork for a potential cut. Whilst she tips her hat to an economy which is “relatively well overall”, she pointed to regional differences and reiterated concerns over the “immense challenges” faced by […]

EURUSD Price Analysis – November 18 The bulls had full control today, moving the market up during the entire European session as the FX pair confirmed its breakout past the high of the prior session after trading up to 1.1068 above during the day. Key Levels Resistance Levels: 1.1501, 1.1412, 1.1278 Support Levels: 1.0989, 1.0879, […]

Key Resistance levels: $0.30, $0.35, $0.40 Key Support Levels: $0.20, $0.15,$0.10 ZRX/USD Price Long-term Trend: Bearish The ZRX/USD pair is in a downward move after the market retests the $0.30 price level. In October, the coin was in a bullish move and tested the $0.35 resistance level. The bulls tested the $0.35 price level again […]