Category: Market News

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Downward Trend Prevails on the Crypto Market

Bitcoin has fallen below $8,000. The major altcoins followed the “benchmark” cryptocurrency, losing between 5% and 10% of their value. Throughout the year, each time market participants have expected growth, the trend has reversed into a decline. Bitcoin in particular, after having experienced growth for 3 weeks and ...

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S&P 500 and Nasdaq 100 Analysis – May 21, 2018

U.S. equities are set to make gains after news that a trade war between the world’s two largest economies is on hold. The Treasury secretary, Steven Mnuchin, reported on Sunday that negotiations with China have progressed saying, “We’re putting the trade war on hold, right now, and we have agreed to put the tariffs on ...

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UK 100 and EURCAD

UK 100 and EURCAD The UK 100 Index has put together a stellar performance, with a breakout higher today to a new high. The pre market high comes in at 7837.5 with support in the area of the 7800.00 level. A continued bullish move would go on to test 7850.00 followed by 7900.00. Ultimately the 8000.00 level remains a ...

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Market Outlook, Technicals And Fundamentals – April 23

Market Outlook, Technicals And Fundamentals – April 23

Last week turned out to be a good momentum week and especially Dollar long was a good theme with all the positive US data and no geopolitical unrest. A look at the currency strength map shows the shift in sentiment and especially the GBP showed some decent moves. Personally, my best trade was a NZD/USD short which is ...

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