The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
Ethereum Price Tendency Ethereum, the second-largest cryptocurrency by market cap, has been drawing attention due to its potential to outperform Bitcoin. According to a recent report by Steno Research, Ethereum might be on the verge of doubling its...
EUR-USD PAIR ANALYSIS This week the EURUSD pair closed positively after going through a fairly dramatic up and down phase, especially ahead of the FOMC meeting early Thursday morning. Interestingly, the price position on a weekly and daily basis is...
Kiyosaki: Bitcoin, gold and silver will soar in price Robert Kiyosaki, author of the book «Rich Dad, Poor Dad», predicts significant growth of bitcoin against the background of easing monetary policy of the US Federal Reserve System. In his opinion,...
The euro against the US dollar faced selling pressure above 1.1150 during the North American trading session on Friday. As the US dollar (USD) rebounded, the major currency fell. The US dollar index (DXY), which measures the value of the US dollar...