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Facebook’s Libra To Apply For Licence In Switzerland

15 Sep 2019 @ 22:05
Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]
 

Bullish Sentiment on USDCHF as It Breaks to New Session Highs Above the Level at 0.9815

29 Aug 2019 @ 23:00
USDCHF Price Analysis The pair is moving to a new session high and in the process is exiting from it’s moving averages 5 (red line) and 13 (blue line) at 0.9805 and 0.9785 respectively. Currently, a base on the level at 0.9775 area, at the horizontal line has formed and has allowed for a temporary […]
 

In an Active Mode, GBPJPY Gets Set for the Upside Momentum

29 Aug 2019 @ 22:10
In an Active Mode, GBPJPY Gets Set for the Upside Momentum GBPJPY Price Analysis – August 28 The pair is likely to stay uneventful in the short-term as the RSI and the moving averages are flattening and the price is rising slowly. In any case, the recent fundamentals affecting the Pound had made the pair […]
 

Bahamas Petroleum Company: From the recent base, bulls make a fresh upwards breakout on BPC

25 Aug 2019 @ 00:12
Bahamas Petroleum Company shares (LSE:BPC) have broken upwards after several months of a boring ranging movement. The shares dropped like a stone in March 2015, only to consolidate till August 2019. Recently, there has been a significant bullish breakout, which means the market may go further upwards. The market is clearly above the EMA 21, […]
 

Anglo-Asian Mining Plc has reached new heights

24 Aug 2019 @ 23:56
Anglo-Asian Mining stock (LSE:AAZ) has reached news height in what can best be called a long-term bullish bias. The new height would be followed by higher highs. The market has been trending upwards since the beginning of this year and right now, there is a new lease of bullish movement, which is a very strong […]
 

Staying Within Previous Boundary EURJPY Continues to Trade Within a Range

24 Aug 2019 @ 23:50
EURJPY Price Analysis – August 23 In today’s trading session, the common European currency traded sideways against the Japanese Yen. The currency pair was trading below the moving average 5 and 13 since yesterday’s trading session. We may see bearish traders pressurize the currency pair towards the level at 117.50 before the end of today’s […]
 

Near Term Outlook Unchanged as AUDUSD Trades Weaker

24 Aug 2019 @ 23:44
AUDUSD Price Analysis – August 22 The Aussie is holding weaker so far with the yuan softer on the day on a softer note for the equities and treasury yields. However, yuan has a relative effect on USD as the PBOC fixed the yuan weaker again today, reaffirming the notion that they will allow the […]
 

Amur Minerals – Erratic and random bearishness continues

19 Aug 2019 @ 01:06
Amur Minerals stock (LSE:AMUR) is an erratic and random market. That is the movement that best describes the market in recent times. The major outlook on the stock is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown […]
 

Sellers to hold out on Metro Bank

19 Aug 2019 @ 00:59
Metro Bank shares (LSE:MTRO) are extremely bearish and that is expected to continue. The current bearishness started several months ago. In March 2019, price gapped downwards and went further and further downwards, now below the lower Trendline. The RSI period 14 is below the level 20, signaling a very strong bearish trend in the market. […]
 

AUDUSD Market Dragged Lower on Bears Dominance

19 Aug 2019 @ 00:53
AUDUSD Price Analysis – August 15 The bears were in full control moving the market lower in the prior session, although in the present session we see the pair found buyers around the level at 0.6748 for the 4th day in a row while the pairs bear dominance is evident falling to lowest close since […]
 
 
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