The rally is extended to 109.80 USD / JPY ,The USD / JPY increased the overnight recovery and jumped to a two- day top of 109.80, with the Japanese currency being sold- off to the Bank of Japan( BoJ) in terms of its monetary policy settings and its price outlook downward revisions.
IBM Stock will jump 6% opening of the US american session as reaction movement of the last quarter earning report for 2018.
2019 may be somewhat less exciting and could endure lower prices. Demand is likely to dwindle down amid a global slowdown. Supply is set to remain abundant due to the main actors' reluctance to cut production. Oil prices continues to decline, as investors are looking into acquiring safe-haven assets, such as gold. Crude futures were seen at US West Texas...
US Dollar index fell yesterday by .03% causing Gold pressure to rebound in the meantime if price of gold touch the support line below 1280 will be a good price to buy for long term.
Fundamentally strong, Serives&Cloud Platforms segment of technology increased from 2 percent to $25.53B, segment Europe / Middle East / Africa increased from 7 percent to $18.41B.
Yesterday, the yellow metal decreased to $1,283.50, validating the breakdown on Friday despite global growth concerns and the fading prospect of a breakthrough in the US-China trade deal. The IMF lowered its second downward revision in 2019 by 0.2 percentage points to 3.5 percent, this time due to weakness in Germany and Turkey, according to CNN. The agency also...
First , seven of the top ten major crypto by market Cap dropped by minimum of 0.50%. second potential bull trend as eth fell on monday trade around 1.1% volumes trade.
As dollar start to become strong, bitcoin struggle to recover as market cap drops by 0.64% or 17.5b btc. possible bearing condition remain to $3500 as a support level for possible bull trend.
The Bearish crossover between the 5-and 10-day MAs supports a close underneath the MA key. In addition, the 14-day relative strength index (RSI) has fallen below 30.00 into the Bearish territory.
Bitcoin changes to $3,602, while the upside is limited to the Simple Moving Average (SMA) of 50 days. In addition, the crypto is stuck in a resistance range of $3,700. A $3,500 support was established. Bitcoin has proven to be stable in this range since Monday began trading the week. The current trend will continue throughout the weekend if the bulls do not push...
Technical Analysis : 61.2 with the maximum resistance up to $60 per barrel on the 1st quarter 2019. fundamental analysis Oil prices are expected to increase as a consequence of the OPEC+ deal, which calls for 1.2 million barrels per day in reductions. The oil prices fell down December last year despite the OPEC+ implementation, putting fears on possible oil...
Technical perspective: pressure sell stop on the recent price $1,275 if it successful it could trigger break into $1262.98. and possible a big re bounce back to $1290 upto $1300 Fundamental : In response to higher treasury yields and increased appetite for risky assets, gold futures declined sharply on Friday.Rising returns helped the U.S. A more attractive asset,...
There was also a break above the fiber retraction level of 50% of the recent decline from the high $3,715 to the low $3,549. More importantly, there was a close over $3,600 and a simple moving average of 100 hours.
Technical analysis , Neutral. Technical indicator is a strong buy . Moving average is strong bull . There was yet another rejection of Bitcoin's resistance to the US dollar of $3,660. The BTC / USD pair was lower than $3,600 and tested the $3,550 key support area. Buyers protected $3,550 and the price rebounded. It went up over $3,580 and $3,600 There was also a...
Technical analysis, indicator RSI is 61.1 with the support level 1208 and resistance level of 1301. Fundamental analsysis , Russia's reserves has been increasing for the last three years with gold surging to USD86.9 billion and foreign exchange reserves currently growing to over USD468 billion from the USD432 billion last year. The country's central bank had been...
Technical analysis , RSI is 61.1 , Strong bullish with Resistance level at 1301 and support level at 1288. Fundamental analysis ;Russia's reserves has been increasing for the last three years with gold surging to USD86.9 billion and foreign exchange reserves currently growing to over USD468 billion from the USD432 billion last year. The country's central bank had...