Dow Jones index is currently moving at the high price of $26,085.44. It is showing a strong buy at the cross break on a moving average at $23,592.72 level since January 14 and continues in a good momentum up to present with EMA50 moving below EMA20.
Basic Materials, Technology and Industrials sectors boost US stocks at NYSE. Dow Jones Industrial...
Tesla shares went down by 5 percent during extended trade as US SEC calls for the electric carmaker’s CEO Elon Musk be held by a federal court due to violation of last year’s settlement.
A part of the settlement is any statements made by Musk and posted on social media shall be reviewed and assessed by the company first. Musk recently tweeted: "Tesla made 0 cars...
EUR/USD trading further increased following last week’s gain of 0.35% to current growth. The pair is standing at 1.13469
The EUR might remain on the weaker side, depending on the central bank’s possible shift in policy stance. However, the EUR’s downside is limited should the US release unfavorable trade news.
However The rate lose momentum during the trend...
The oil market is being backed by OPEC’s production cuts initiative and sanctions against Iran, causing price to reach $57.
The oil prices can further increase in a short term as a reaction to the US oil driller’s cuts. Moreover, the US-China deal can also boost the prices for crude oil, should there be an increase in the demand.
Crude oil futures prices is...
Hi traders, Bitcoin is up since last week, reaching the $4200 level, with current price at $3880.07.
Bitcoin was on the highs during the weekend, gaining 1.52 percent and 4.52 percent on Friday and Saturday respectively, ending the week at $4,210. and Yesterday Bitcoin is trading down to $4103.10 to 3732.9 or - 9.23% and showing a short rebound starting recovery...
Gold prices were trading last Friday at $1,339.09/oz.
As the dollar weakened, the yellow metal recorded a gain of no less than 0.47% on the hourly chart during weekend trading. Meanwhile, the Moving Average 50 is seen above MA20 and is close to the spot price of Gold which is $1330.20, showing a bull trend sentiment way to $1,340, which is the first target, and...
Gold costs were minimal changed on Friday in Asia as brokers gauged the most recent positive exchange news and a lot of frail U.S. information.
Gold Futures exchanged close level at $1,328.15 per
The metal dropped almost $20 on Thursday as the U.S., China gained ground on talking about an economic agreement.
Gold costs were likewise under strain this week after...
Hi, CNY hits seven-months high as it retains its two consecutive days' win against USD. The CNY/USD rose to CNY6.6874 per USD1, recording the highest since 17 July.
The last two days projected a bullish engulfing as seen on the big candlestick during the last four-hour timeframe. Before the big drop from CNY6.7321 to lowest wick at 6.6887.
EMA50 was seen moving...
AUD has been the most volatile among the G10 currencies in just one day. Thursday's report on Australia Employment caused traders to close short positions, resulting in an increase by 1.3% percent. However, Westpac's announcement on RBA's interest rates cut by 1 percent drove the AUD by -0.97% percent. Moreover, the reports on banning of Australia...
Hi Traders The US500 is running at the rate of 2791.15 and went up strong
After it made a severe plunged last midst December, Cross moving average on EMA50 and EMA20 seen
At the level 2610.70 which EMA50 is moving above EMA20 proposing a buy signal.
Relative strength index is near at overbought territory which expressing a short sell position.
The stock market is...
The ETH/USD currently plummets by 3.07 percent in the last 3 hours and is performing at $148.92.
Moving average divergence/convergence: Bearish Divergence.
Relative strength index (RSI) is seen near over bought territory at $65.16.
The ETH spot price is testing the $145.19 support level before it projects another buying signal.
The WTI Crude oil is moving at the price of $56.56 per barrel.
Looking at the trading range daily timeframe, Fib retracement established support at the current max support level of $53.29.
Should the range break the current maximum support line, the price for crude oil will possibly continue to rally down towards next maximum support at $51.42. ...
BTC/USD is performing again on its high level since the last 10 January high, with current price standing at $3,883.36.
Trading range illustration from 27 December up to present on a daily timeframe presents three false breakout. There is a possible risk range within the trading range and another potential false breakout.
It is strongly recommended...
Gold spot price jumped by 1.63% as US Dollar index weakened by 0.87% since China amplified its official gold reserves.
The Gold price broke above the $1,325 resistance and goes toward the $1,350 level during the intraday trading.
Meanwhile, the United States and China trade talks showed progress, but the White House said a lot needs to be worked on to...
bitcoin spot price is running at 147.1 in a bearish sentiment with 144.94 as a support line.
and Bitcoin Cash price on Monday was seen gaining 17.1 percent in the latter part of the trading session, after hitting as high as 20 percent.
BCH/USD bulls has driven the price to its peak levels, recuperating from the lows since 10 January.
A loss of momentum is...
XRP/USD is trading at 0.32990 and performing a bullish
Continuation after it broke the resistance level 0.31376. In the entire summary
Of Ripple, Start of January 2019 ripple is moving at the price 0.3929 till it weaken down
To 0.28705 or -26.8% but gained about 14.42%.
Total Loss of ripple is -16.40% and possible gain down zero.
Litecoin after a cross break last 07 February, when EMA50 Moving Average is positioned above EMA20, setting the spot price at $48.286 and projecting a bullish trend or a buy signal.
The 1st buy stop is at $47.993 for short term trade and the sell stop is at $40.93. Meanwhile, the target sell stop, based on the current price, for the short term trader...
Etheruem spot price is sitting at $136.13. 80% in 4 hours candle are in bullish during the last 24 hour trade. Relative strength index are in over bought territory of 78.7 while the moving average is 50 or at $121.69.
Bollinger bands 20 is projecting a wide volatility from the 113 - 136.32 level.
Since February, cryptocurrencies are starting to be steady after...