Bitcoin tumbles by more than 10% this week amid payments to Mt. Gox’s creditors Bitcoin has plunged by more than 10% over the past week. One of the main reasons for the slump is that the administrators of the collapsed Mt. Gox exchange began paying...
NZD/USD Currency Pair Analysis For Monday's Market Opening As the market opens this Monday, the NZD/USD currency pair is showing bullish movements on the H4 chart, currently trading around the 0.6137 level. This analysis incorporates the OSMA...
Important Points for Gold Trading Last time, the Gold market reached 2391 and dropped back to 2384. This could be seen as a correction phase that might continue throughout the day. It's worth noting that the market had previously hit the 2392 level,...
Analyzing the USD/JPY pair through Fibonacci numbers provides a structured approach to technical analysis. In yesterday's trade, the Fibonacci network I established, anchored to the daily high, revealed significant levels: the Fibonacci range from...
The USD/JPY pair made a positive trade last Friday, testing the important level of 161.40-161.73, but remained below that level. The Stochastic indicator has reached overbought areas, while the SMA 50 is still exerting negative pressure on the pair....