On a relatively low volume day, the cryptocurrency market is riding high on bulls if one sees the current Bitcoin and Litecoin charts. However, the longevity of this fresh buying frenzy is not yet confirmed. Here have a look: BTC/USD 4H BitFinex Chart ...
Amazon stocks might be in for more gains, as price just recently broke through a key resistance zone. Price just closed a few days above the 200 simple moving average, which had been acting as a dynamic resistance level for Amazon stocks. MACD is still heading higher, indicating that there’s buying momentum present and may be enough to sustain ...
Apple Stock Regains Buying Momentum As predicted in an earlier entry on Apple stock signals, price has bounced off the resistance turned support area near the $97.50/share level, which is also right at the 50 simple moving average support. Apple stock is now reflecting a return in buying momentum, after bouncing back ...
EUR/USD To Be Halted By 1.37 'It [GDP data] was very disappointing, and in the current situation we have very low vol, heading into month-end, and half-year end as well. So, the ducks are all lined up [for] U.S. dollar weakness.' - RBC Capital Markets (based on Reuters) Pair's Outlook The Euro is slowly but surely moving in the direction of the 55 and 200-day SMA on the back of a weaker greenback. This resistance at 1.37 is expected to prevent further appreciation ...
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