Technical Analysis

Bitcoin: Upcoming Halving And What To Expect

23 Jan 2020 @ 14:16
Bitcoin’s upcoming halving will be one of the most followed crypto-related occasions in the year 2020. Thousands of cryptocurrency enthusiasts will be observing the markets eagerly to witness what effect this year’s halving will have on the cryptocurrency. Many believe that the occasion would have a positive effect on BTC’s price as has been observed […]
 

Barclays Intends to Cut About 100 Senior Jobs at the Investment Bank

19 Jan 2020 @ 15:28
Barclays PLC intends to relieve about 100 senior jobs across its corporate and investment banks. The trimming exercise has begun in London as managing director and director positions are being affected. In London, a spokeswoman with the bank has declined to comment on planned retrenchment which happens to be first in 2020. Meanwhile, Jonathan Kitei, […]
 

AstraZeneca to halt Epanova trial, expects $100 million compensation

16 Jan 2020 @ 23:25
Epanova is a heart disease drug to treat patients with mixed dyslipidemia. AstraZeneca is intending to stop the trial for the heart disease drug and expects a $100 million (76.92 million pounds) compensation to hit its profit in the fourth quarter. The major British drug maker by market value said the decision, is a sequel […]
 

Stellar (XLM) Bounces, Uptrend Uncertain

15 Jan 2020 @ 16:42
Key Resistance Levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Ranging Today, Stellar is making a positive move to come out of the oversold region. On December 17, the coin fell to the low $0.042 but has risen to a high of $0.050. The price movement had been rather slow because of […]
 

No Sign Of Recovery As USDCHF Stays On The Low Level At 0.9680

15 Jan 2020 @ 16:29
USDCHF Price Analysis – January 14 At the time of composing, the FX pair was trading at 0.9683 level, dropping 0.25% per day after discovering support around 0.9670 level. The USDCHF pair recovered its daily losses and was last seen trading at 0.9683 level, where it remained virtually unchanged during the day. Key Levels Resistance […]
 

Annual Forecast for Alphabet (GOOG) – 2020

15 Jan 2020 @ 16:10
Alphabet stock (NASDAQ:GOOG) has been trending gracefully upwards in January 2020. In fact, the current uptrend started in August 2019, and despite occasional attacks from bears, the bullishness has held out till now. In January, a new lease of buying pressure took place immediately price broke above the upper Trendline, and the market trended higher. […]
 

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

11 Jan 2020 @ 12:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
 

Bitcoin (BTC) Breaches More Resistances, Attempts To Terminate Downtrend

11 Jan 2020 @ 11:50
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, the bulls made an impressive move as the bulls reach a high of $8,400. The coin was resisted and the price retraced to a low of $7,800. The support is holding which was previously a resistance […]
 

Annual Forecast for Gulf Keystone (GKP) – 2020

01 Jan 2020 @ 18:02
Following months of bearish propensity in September to December 2019, Gulf Keystone stock (LSE:GKP) began to trend upwards in December. The uptrend effort was serious enough to result in a “buy” signal. The market is really above the EMA 21; while the Williams’ % Range period 20 is into the overbought region. This supports the […]
 

Annual Forecast for Facebook (FB) – 2020

01 Jan 2020 @ 17:45
Facebook shares (NASDAQ:FB) are a bull market despite the current short-term weakness. The current bullishness started in October 2019, as price grinds higher and higher, albeit with low momentum. ADX 14 is at the level 20 (low momentum), and DM- is intertwined with DM+ as one is not clearly above the other. The market is […]
 
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