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  1. EUR/USD Technical Analysis: Euro Erases Half of Post-NFP Rally - ranging bullish near bearish reversal

    by , 06-13-2016 at 11:17 AM
    • EUR/USD Technical Strategy: Flat
    • Euro finds resistance above 1.14

    The Euro reversed sharply lower against the US Dollar, producing the largest two-day losing streak in nearly four monthsafter finding resistance above the 1.14 figure. Prices have now erased over half of the advance triggered by May’s soft US jobs data.

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    From here, a daily close below support at 1.1217, the 38.2% Fibonacci expansion, opens the door for a test ...
  2. Chinese Virtual Coin Firms to Circumvent PBOC Onslaught by Going Offshore

    by , 05-13-2014 at 07:04 PM
    Chinese Virtual Coin Firms to Circumvent PBOC Onslaught by Going Offshore

    By Forexminute - Deepak Tiwari | Bitcoin | May 12, 2014 10:19PM BST



    Chinese bitcoin companies are planning on sidestepping the government crackdown on the virtual currency.

    The currently biggest exchange in China, Huobi, is thinking about moving operations international to protect ...