Latest News

Technical Analysis – NZDUSD ticks up but still beneath uptrend line

NZDUSD has ticked higher after the drop beneath the five-month ascending trend line in the previous week. The momentum indicators are gaining ground as the RSI surpassed the 50 level and is sloping north, while the stochastic oscillator is heading towards the overbought level following the bullish cross within the %K and %D lines. The […]

Technical Analysis – NZDUSD ticks up but still beneath uptrend line

NZDUSD has ticked higher after the drop beneath the five-month ascending trend line in the previous week. The momentum indicators are gaining ground as the RSI surpassed the 50 level and is sloping north, while the stochastic oscillator is heading towards the overbought level following the bullish cross within the %K and %D lines. The […]

Technical Analysis of EUR/USD for August 19, 2020

Technical Market Outlook: The EUR/USD pair has broken out from a narrow consolidation zone located between the levels of 1.1696 – 1.1915 and made a new swing high at the level of 1.1965. The recent wave up had been made on strong momentum, but the market conditions are now overbought, so a pull back might […]

Technical Analysis of EUR/USD for August 19, 2020

Technical Market Outlook: The EUR/USD pair has broken out from a narrow consolidation zone located between the levels of 1.1696 – 1.1915 and made a new swing high at the level of 1.1965. The recent wave up had been made on strong momentum, but the market conditions are now overbought, so a pull back might […]

Technical Analysis of ETH/USD for August 19, 2020

Crypto Industry News: Bulgarian authorities arrested two men for illegal use of electricity, worth more than $ 1.5 million, to operate two cryptocurrency mining farms. According to press releases, two men have been detained in connection with the theft of $ 1.5 million of electricity used to mine Bitcoin in the small town of Kyustendil. […]

Technical Analysis of ETH/USD for August 19, 2020

Crypto Industry News: Bulgarian authorities arrested two men for illegal use of electricity, worth more than $ 1.5 million, to operate two cryptocurrency mining farms. According to press releases, two men have been detained in connection with the theft of $ 1.5 million of electricity used to mine Bitcoin in the small town of Kyustendil. […]

Technical Analysis of BTC/USD for August 19, 2020

Crypto Industry News: Binance, the world’s largest cryptocurrency exchange, is working with law enforcement agencies in Ukraine to tackle large-scale money laundering operations. Working with the stock exchange, the Ukrainian cyber police identified and arrested a group of criminals involved in a $ 42 million ransomware and money laundering operation. According to the report, the […]

Technical Analysis of BTC/USD for August 19, 2020

Crypto Industry News: Binance, the world’s largest cryptocurrency exchange, is working with law enforcement agencies in Ukraine to tackle large-scale money laundering operations. Working with the stock exchange, the Ukrainian cyber police identified and arrested a group of criminals involved in a $ 42 million ransomware and money laundering operation. According to the report, the […]

Analytics and trading signals for beginners. How to trade the EUR/USD pair on August 19? Plan for opening and closing trades

Hourly chart of the EUR/USD pair The EUR/USD pair started a weak downward correction during night trading. The current correction is only 35 points, if you count from yesterday’s high. Therefore, we believe that the downward movement should continue to the trend line today. The MACD indicator has turned down, but the histogram and signal […]

Forecast for EUR/USD on August 19, 2020

EUR/USD The euro finally came to terms regarding its direction on Tuesday, following two weeks of being in the uncertain zone of 1.1712-1.1905. It chose an upward direction against the background of established risk sentiment. The US stock index S&P 500 broke the pre-crisis high, setting a historical record of 3395. Restrictive stops of euro […]